We’ve developed 50 years development plan for Ogun ― Amosun

THE Ogun State Governor, Senator Ibikunle Amosun, has said that his administration has developed a 50-year plan for sustainable development of the state.

He said the plan was one of the reasons why his government approached the World Bank for a $350 million grant at one per cent interest rate and a five-year moratorium.

Amosun made this known during the continuation of his ward to ward campaign at Obafemi Owode Local Government Area of the state, that all the paper works had been completed and all requirements meant for the release of the fund.

The governor explained that the loan would impact largely on the master plan and would cover majorly education, infrastructure and other areas.

He said that the construction of a major ring road that will cut across Kobape, Idi -Aba, Odeda among others was part of the master plan.

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“Before we came in, there was Ogun State master plan but that one which covers about 30 years ended and what we did was to invite some development partners including World Bank, GIZ and we did what we called sustainable development plan. First for 10 years, 20 years, 30 years, 40 years and stop at 40 years.

“We have envisioned where we want Ogun State to be in the immediate, short term, medium term and long term, and that is why the World Bank is collaborating with us. It was one of the things World Bank requested we have and that is what we did.

“That is why they approve the grant they want to give to us, I won’t call it a loan because if you imagine one per cent for 25 years with 5 years moratorium, that can’t be a loan, that will only qualify for a grant.

“And to the glory of God, they are giving us $350 million, I have done the works, and the next government will begin to reap. In education, we know where we want to be, in health and other facets including infrastructure and that is why we are running around to ensure our airport is in place.

“If we are the industrial hub of Nigeria, that comes with a lot of challenge. Our manufacturers, they want to stay in Abeokuta, Sagamu, Ota, etc they don’t want to be running to Lagos to do their business. We know what to do, but there can’t be development without infrastructure,” he said.