The governor of Osun State, Ademola Adeleke, recently unveiled plans for an infrastructure project worth billions of naira.
Governor Adeleke revealed this on Friday, insisting that the plan’s unveiling is intended to address the massive deficit the state is currently facing, adding that the funds needed to carry out the project will come from money already saved in special project accounts and from blocked leakages.
Adeleke emphasised that the project would be finished in a year and said that his government also intended to build five flyovers to improve traffic around the state.
The governor gave an explanation of the plans to build flyovers in Osogbo, Ile-Ife, Owode-Ede, and Ikirun town.
He said that the state’s N100 billion infrastructure development plan calls for the building of 45 highways that span the state’s 30 local government areas.
Furthermore, he maintained that his government would carry out the projects without obtaining a loan from a financial institution.
According to the Governor:
“Let me declare here that the infrastructural plan I am about to unveil is purely state-sponsored without any loan from financial institutions. I must also add that we are hitting the ground running immediately after this launch. We are complying with all procurement laws and due process.
“Very importantly, our administration is ensuring localisation in the implementation process. Local content in terms of sourcing of materials and workforce is key to transferring skills and economically empowering our people.
“This is in line with the administration’s 5-point agenda.
“With the flag off, the administration is determined to eliminate capital flight.
The governor also issued a warning to hoodlums against extorting money from contractors that would handle the projects.
“We are getting set to key into infrastructural financing opportunities as long as it will not add to the financial burden of the state.”
cc: Daily Post Ng
