Business
Shell, NDDC Partner To Deliver N24.4bn Ogbia-Nembe Road

Christmas shoppers making their purchase at tomatoe and pepper market, Head-bridge, Onitsha, recently
The Shell Petroleum Development Company of Nigeria Ltd. (SPDC) says it remains committed to meeting its 70 per cent obligation to the Ogbia-Nembe Road project in Bayelsa.
This was contained in a statement signed by the company’s spokesman, Mr Precious Okolobo, and made available to newsmen in Yenagoa, yesterday.
It said the second phase of the project had reached 60 per cent completion.
It said that Deputy Governor of Bayelsa, Chief John Jonah and officials of SPDC had taken a ride on the ongoing 27 kilometre stretch.
According to the statement, the trip marks a milestone in the construction of the key highway in the Niger Delta.
“Phase 1 of the project linking Imiringi and Ogbia, involved a 38-kilometre stretch with two major bridges, and was completed in 2005, and funded solely by the SPDC Joint Venture.
“Phase 2 links Ogbia and Nembe, measuring a distance of over 27 kilometres with six bridges and more than 50 culverts across very difficult swampy terrain.
“Contract for this phase was awarded in December 2005 and work commenced in February the following year, but has been disrupted several times by security challenges.
“Phase two costs N24.4 billion of which the SPDC JV is funding 70 per cent with the Niger Delta Development Commission (NDDC) responsible for the remaining 30 per cent,” the statement said.
The statement explained that the entourage stopped briefly at the project’s site.
“The contractor disclosed that the road was 60 per cent completed, but complained of disruptions to dredging activities by community youths.
“The deputy governor warned against such activities, saying that perpetrators would face the “full weight of the law”.
The deputy governor urged that all genuine grievances should be channelled to government for quick resolution,” the statement said.
Our Correspondent recalls that Governor Seriake Dickson had on December 18, 2013 released N3 billion “back up fund” for the completion of the Ogbia-Nembe road in the state’s eastern senatorial zone.
Dickson gave the construction firm, Setraco Nig. Ltd., up to December to complete the project.
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