Latest News

Osun will not rely on monthly allocation in five years time ―Commissioner

Published by

Oluwole Ige – Osogbo

Osun government has said that policies, programmes and infrastructures that will totally deemphasise its reliance on monthly allocation from Abuja were already in place, such that in the next five years, the state would gain financial independence.

Making this disclosure on Sunday, while receiving the Young Mandate Group, the state Commissioner for Information and Strategy, Mr Lani Baderinwa averred that “foundation for economic prosperity is gradually being built in Osun and we are working assiduously to attain a glorious height economically.”

He said “Governor Rauf Aregbesola’s administration has provided and invested heavily on profitable and lasting infrastructure that has been enhancing and continue to uplift the economy of the state.”

Describing good infrastructure as the bedrock of socio-economic development, Baderinwa posited that the massive road networks  put in place by Aregbesola’s administration have been helpful in connecting people, drive commerce and maintain global competitiveness.”

He expressed optimism that “the road construction would in no time reduce costs in many economic sectors in the state by providing better accessibility to markets, increasing employment, bringing in foreign investment and improving global presence in the state.”

While contending that Aregbesola had laid solid foundation for economic development of the state, Baderinwa government’s efforts were already yielding positive result with the recent agreement signed with Turkish government to partner Osun on trade, commerce and industrial revolution.”

He further asserted that “the Turkish government has agreed to support the state in completing the MKO Abiola International Airport in Ido-Osun, stating that the airport when completed will aid the state’s economy.”

Recent Posts

6 Picks Are Gaining Steam Fast—Which Is the Best Crypto to Buy Right Now?

2025 is already shaping up to be a defining year for the crypto market. While…

20 minutes ago

South-West can serve as catalyst for Nigeria’s economic growth, if… — Odua chairman

  The Chairman, Odua Investment Company (OIC), Chief Bimbo Ashiru, says the South-West Region has…

28 minutes ago

Cocoa farmers commend Tinubu on bill to establish National Management Board

The Cocoa Farmers Alliance Association of Africa (COFAAA), Nigeria Chapter, and the Cocoa Farmers Association…

30 minutes ago

NIHORT, URUS Genetics to collaborate on boosting livestock production in Nigeria

The National Horticultural Research Institute (NIHORT) and URUS Genetics are working on a partnership which…

60 minutes ago

UNIDO partners EU on small hydro-power initiative to enhance agriculture 

The United Nations Industrial Development Organisation (UNIDO) said it has, in collaboration with the European…

1 hour ago

SSAUTHRAI wants FG to expedite action on new condition, scheme of service for research institutes

•Laments poor funding of research institutes Senior Staff Association of Universities, Teaching Hospital, Research Institutes…

2 hours ago

Welcome

Install

This website uses cookies.