The contract for the construction of Owa's New Palace Project has been awarded to Messrs Snow Trust Ventures on Wednesday 4th March, 2020, signed and awarded to Messrs Snow at a total fixed contract sum of N200,000, 000 ( Two Hundred Million Naira) only with a completion period of 38 weeks with effect from Monday, 9th March, 2020 and to be delivered on Sunday, 29th November 2020.
Other key highlights of the terms and conditions of the contract were;
● There shall be no variation of contract costs under any circumstance.
● Contractor shall commence the Project implementation with self-financing while payments shall be based on the report of 'End Result Valuation' carried out by the Consultant Quantity Surveyor.
● N50,000 daily penalty for failure to deliver within the stipulated timeframe shall apply.
● Contractor to strictly adhere to quality standards as respectively stated in the architectural, structural, and Mechanical/Electrical drawings.
After due consideration of the work program agreed by the Project Management Team (PMT), with the contractor, the foundation laying ceremony is fixed for 12noon of Saturday, 28th March, 2020 at the project site within the Owa Obokun Adimula's Palace.
This symbolic event would afford all PMT members to have an opportunity to register their respective names in the book of history as every member would be expected to lay one block each at the ceremony that's expected to be documented.
Also, the following Ijesa Clubs and Societies, are invited to witness the ceremony:
1. Roots Club of Ijesaland
2. Ijesa Forum
3. Ijesa Felates Club
4. Ijesa Society in Lagos
5. Ijesa Sports Club
6. Egbe Atunluse Ile Ijesa
7. Ijesa Patriotic Club
8. Ijesa Elite Club
9. Ijesa Progressive Circle
In addition to the list above, further invite is extended to the following to offer spiritual supplication:
1. Bishop Sowale of Anglican Diocese of Ilesa
2. Archbishop Akindeko of Methodist Diocese of Ilesa
3. Bishop Egbebunmi of Anglican Ilesa S/W Diocese
4. The Chief Imam of Ilesa,
Alhaji Mohammad Jamiu Idris.
The Special Guest of Honour is , His Imperial Majesty, Owa Obokun Adimula and Paramount Ruler of Ijesaland, Oba (Dr) Gabriel Adekunle Aromolaran 11.
At the conception of this new palace Initiative, the PMT were looking at a cost deliverable of N100m but with the turning in of the least feasible, modern, beautiful, and befitting palace drawings by the revered Architects, it was realised that it will be necessary to be more elastic in the cost considerations. Thus the realistic total cost of delivering this modern and beautiful edifice including furnishing is estimated at N250M.
One observation that has continued to marvel the PMT is the unprecedented optimism and zeal of the large majority of prominent and illustrious Ijesa Sons and Daughters to deliver this project through the prioritisation of their respective finances and timely contributions to the purse of the project as all contributors would have their respective names permanently engraved in the Palace edifice at completion for posterity and eternity.
Members of the Project Management Team (PMT) are:
Asiwaju Yinka Fasuyi, Chairman, Elder Lowo Adebiyi, Vice-chairman, Engr. Busayo Aluko, Secretary, Chief Afolabi Igbaroola, Treasurer and Barrister, Mrs. Dupe Ajayi-Gbadebo, Legal Adviser.
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