The Next Edition
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
No Result
View All Result
The Next Edition
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
Home South West

Osun loans: We followed all processes, advice of DMO –Aregbesola

Olalekan Saliu by Olalekan Saliu
June 16, 2017
in South West, Top News
Kidnappers kill Osun PermSec

Rauf-Aregbesola

0
SHARES
10
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

The Governor of Osun, Ogbeni Rauf Aregbesola,  has said his state took all necessary steps and advice from the Debt Management Office (DMO) before it obtained loans to finance all the developmental projects in the state.

The governor stated this while playing host to the Orangun-in-Council, the highest traditional body in Ila Local Government at the governor’s office in Osogbo.

You might also like

Creative Industry Has Potential To Create 2.7m Jobs – Abbas

Court Remands Man For Alleged 300,000 Euro Fraud

FG Moves To Transfer ₦15 Million To Poor Households

He noted that his administration strongly believed that the essence of a good government was in the number of developmental projects executed by a government and not in the amount of money kept in the coffers of the state.

Aregbesola stressed that a good government should be able to drive economic growth and development, while also securing the lives and properties of its people before it can be referred to as a good government.

The governor held that his government would have continued to deliver on all its electoral promises while at the same time offsetting the state’s debt without ‎ any stress if not for the challenges faced by the country.

‎He said the crash in the prices of the crude oil in 2013 culminated in the current economic challenges which he described as “man made”.

Aregbesola recounted that the fall in the prices of crude oil coupled with alleged oil theft under the previous Federal Government led by former President Goodluck Jonathan brought Nigeria to her present economic situation.‎

He described government and governance as service to humanity, saying his administration would continue to advance standard of living of the citizenry in spite the current economic situation in the country.

According to him, “We mean well for our people that is why our administration has been working tirelessly to ensure that the dividends of democracy are being spread across the citizenry.

“As part of effort to bring development to our people when our administration started, we approached Debt Management Office on the need to know if the state could go ahead borrowing for developmental projects, after which we were cleared and that the loans to be obtained were healthy.

“We never did anything outside steps and advice we got from the ‎Debt Management‎ Office. No government is remembered for the amount of money it kept but the development it brought to the society it governed.

“We have utilised this fund judiciously as this could be testified to with the achievements we have made in various sectors.‎

“Though the present economic situation is man-made which was occasioned by the oil theft characterised with the immediate past administration of President Goodluck Jonathan, but even at that, our government did not relent in meeting up with its constitutional responsibilities to the people,” Aregbesola emphasised.

‎Earlier, the Orangun of Ila, Oba Wahab Kayode Oyedokun, lauded Governor Aregbesola for being dedicated to general wellbeing of the citizenry in spite of the austere economy in the country.

The monarch said the present administration in the state had demonstrated high sense of commitment to human and capital development in the state as being manifested in the successes recorded so far.

Oba Oyedokun stated this through the leadership of Orangun in Council who paid a courtesy visit on the governor‎.

Speaking on behalf of the Orangun in Council, the Obaala of Ila-Orangun and chairman of the Council, Oba Samuel Olufemi Otitoola, commended Governor Aregbesola for his timely intervention in the crisis that rocked the Osun State College of Education, Ila-Orangun some months ago.

Oba Otitoola attributed the state’s swift intervention as a factor that restored peace and harmony to the ancient town, most especially the school environment.

According to him, “We are here on behalf of Kabiyesi, Oba Wahab Kayode Oyedotun, the Orangun of Ila and the entire people of Ila-Orangun to register our appreciation to the governor of the audience granted our group when it visited you late last year.

“We thank Mr. Governor for his timely intervention in the crisis that rocked the Osun State College of Education, Ila-Orangun, then, after which peace returned to the College as a result of which learning activities commenced.”

Olalekan Saliu

Olalekan Saliu

Recommended For You

Speaker Abbas Steps Down Recommendation Seeking To Release Nnamdi Kanu

Creative Industry Has Potential To Create 2.7m Jobs – Abbas

Nigeria’s creative industry, if well developed and harnessed has the potential to create about 2.7 million jobs by the end of 2025The Speaker of the House of Representatives,...

ABLAZE

Court Remands Man For Alleged 300,000 Euro Fraud

Justice Williams Aziegbemhin of the Benin High Court on Wednesday, remanded one Abubakar Musa for allegedly converting 300,000 euros to his personal use. The judge ordered that Musa...

Alt="President Bola Ahmed Tinubu"

FG Moves To Transfer ₦15 Million To Poor Households

The Federal Government has commenced the implementation phase of its economic and financial inclusion strategy to improve access to economic opportunities for Nigerians. The government established an inter-agency...

New Armed Group Emerges In Zamfara; Comprises Locals And Foreigners – Senator

Boko Haram Now Deploys Armed Drones, Foreign Fighters — Borno Lawmakers

The House of Representatives was thrown into heated debate on Tuesday as lawmakers from Borno State raised urgent concerns about the worsening security situation in Nigeria’s northeast, revealing...

Next Post
Man tells court: My wife beats me at will, separate us

Man tells court: My wife beats me at will, separate us




Related News

FIFA has banned former Ghana FA President from all football-related activities.

FIFA has banned former Ghana FA President from all football-related activities

Okowa donates buses to prisons

Okowa donates buses to prisons

Ebonyi, a sovereign state, not part of Biafra – Gov Umahi

Ebonyi, a sovereign state, not part of Biafra – Gov Umahi




The Next Edition

Office Address

3B, Agboola Aina street, Off Toyin Street,
Ikeja, Lagos.

Quick Contact Details

Phone:
08033018430
Whatsapp:
08051679910

Email:
[email protected]
[email protected]

Categories

  • Aviation
  • Beauty
  • Breaking News
  • Business
  • Columnists
  • Editorial
  • Entertainment
  • Fashion
  • Featured
  • Football
  • Foreign
  • Headline News
  • Home & Garden
  • Interviews
  • Investigations
  • North Central
  • North East
  • North West
  • Opinion
  • Parenting
  • Politics
  • Relationships
  • South East
  • South West
  • South-South
  • Special Reports
  • Sports
  • Top News
  • Vox Pops

© Next Edition Business Development Limited

  • About Us
  • Advert Rate
  • Contact Us
  • Privacy Policy
  • Terms of Use
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate

© Next Edition Business Development Limited