Adeleke To Spend N159bn On New Infrastructure Projects
Governor of Osun state, Senator Ademola Adeleke, has unveiled 159 billion naira infrastructure projects across the state.
Senator Adeleke announced this while unveiling 2025 projects to newsmen at the exco Chambers , Abere Osogbo.
He explained that the new set of infrastructure projects is aimed to further expand the dividends of democracy to all parts of Osun State.
The Governor recalled that in December 2023 his administration unveiled a multi billion and multi sectoral infrastructure plan for Osun state which yielded multiple completed and ongoing road projects, rehabilitated schools, and health centers in towns and villages.
” it is my honour to report that we have so far completed the reconstruction, rehabilitation and renovation of over 150 kilometers of roads, 200 Primary Health Centres, 99 schools, while several dualization and flyover projects are at various stages of completion.”
Senator Adeleke who explained that The Oke – Gada bridge ,Ede is almost 70 per cent completed , assured that the public of its completion within this fiscal year.
” The GRAND TOTAL is One Hundred and Fifty Nine Billion, One Hundred and Fifty Six Million, Three Hundred and Ninety Two Thousand Naira (159,156,392,674.20), I want to reiterate that, as our standing policy, we are not borrowing a kobo for the funding of these projects. Our approach to funding the new infrastructure plan is to rely on state allocations from the Federation Allocation, Internally Generated Revenue (IGR) and special funds accruing from the return of funds owed to the states by the Federal Government”
While emphasizing that his administration would not leave any project uncompleted, The Statehelmsman said they would continue to engage local companies, local engineers, suppliers, and artisans.
The State Governor “we will also be cutting waste and costs while deploying our local content policy to boost the local economy. On the local content, Osun money will continue to flow within the Osun economy. We will continue to engage our local companies, local engineers, suppliers, and artisans.”
He added that the new round of project implementation would further deepen the local economy and thereby tackle poverty and create collective wealth.
