Osun State Governor, Ademola Adeleke has said the ₦2 billion palliative fund from the federal government will be used for pivotal projects.
Adeleke said the decision is sequel to his government’s firm to abstain from borrowing funds from any financial institution to fuel the state’s development.
Speaking at the inaugural edition of “Ipade Imole,” a quarterly interactive public engagement forum held in Osogbo on Thursday, the governor confidently outlined his innovative strategies for generating internal revenue.
Governor Adeleke disclosed his administration’s commitment to utilising the ₦2 billion palliative fund from the federal government for pivotal projects.
These initiatives include renovating existing infrastructure and procuring additional buses to enhance affordable transportation. Additionally, health facilities across the state will undergo significant rehabilitation.
Emphasising his dedication to Osun State’s progress, Governor Adeleke stated, “The development of Osun is paramount to me, and thus, I chose to make significant sacrifices. I have contributed my security vote to fund crucial projects in the state, unlike my predecessors who retained such funds for personal use.”
Furthermore, Adeleke disclosed his administration’s strategic allocation of funds from the Federal Government’s Infrastructure Support Fund.
Among the priority projects are the construction of a flyover in the state capital and the dualisation of roads in each senatorial district.
The plans also encompass the creation of flyover bridges in Osogbo and other towns, installation of street lights for newly constructed roads, drilling of additional boreholes across wards, initiation of Imole transport service, and the development of the Imole Housing Estate, comprising 500 units per federal constituency.
