Osun State of Nigeria has launched a NGN16.21bn ($103.71m) road project as part of its efforts to improve the state’s infrastructure facilities.

The new 218.12km project, which was launched by governor Rauf Aregbesola, covers various roads that will be constructed across 30 government regions as well as one area council – Modakeke-Ife Area Office.

Under the project, which is funded by local councils and co-ordinated and implemented with the state government, each council will get nearly 10km of road.

The project is partly funded by the Excess Crude Oil Fund (ECOFUND).

"Under the project, which is funded by local councils and co-ordinated and implemented with the state government, each council will get nearly 10km of road."

Of the total NGN16.21bn ($103.71m), the government has provided NGN6bn ($38.38m) and has received permission from the State House of Assembly to borrow the remaining amount, which is expected to be returned within 60 months.

Aregbesola said this new road project is an idea of the local government councils.

Expected to be completed between March and September this year, the new road contracts have been awarded to competent contractors with due procedure, the governor said.

"The state government only partnered with them in the area of coordinating implementation and execution of the projects," he said.

According to the governor, contractors will be required to perform and deliver on schedule as they will be sufficiently monitored from the beginning of January 2013.

In February 2012, Osun completed the construction of 200km of roads under phase one of the Rural Mobility and Access Road Project (RAMP), in partnership with the World Bank and French development partners.