Borrowing is a mother of necessity in Osun – Gov. Aregbesola

Follow 9News Nigeria On Social Media

Social sharing

The Governor of Osun State, Ogbeni Rauf Aregbesola, on Tuesday said the dearth of infrastructural development in Osun State before 2010 necessitated the urgent need to borrow and change the face of the state.

He said borrowing to finance projects in the state was a child of necessity for speedy development at the point of his emergence.

The Governor made the remarks during the commissioning of 61 primary healthcare centres at Ijebu-ijesa, Osun State, in partnership with the Sustainable Development Goals (SDGs), saying his administration had been consistent in contributing 50 per cent counterpart fund in every project.

Aregbesola added that the maladministration of the Peoples’ Democratic Party (PDP) in the state between 2003 and 2010 responsible for the urgent intervention by his administration.

According to him, Osun State was seriously lagging behind other states in the federation in terms of infrastructural development before 2010 due to poor management of resources by the PDP government.

“Our administration did not go for borrowing for any other thing than to rescue the state and her people from poverty they were plunged to when we assumed office.

“On assumption of office in 2010, the terrible status of the state’s treasury propelled us to go for borrowing to bring to our people the required infrastructural facility which they had been deprived in the previous administration.

READ ALSO  President Tinubu Awards Scholarships To Children Of Soldiers Killed In Delta (Photo)

“Today, Osun would not have become a cynosure of all eyes as it, if we did not take the bold steps we took to stimulate her economy through financial re-engineering.

“Our state can now boast of unprecedented developmental projects across all sectors, ” Aregbesola said.

Senior Special Assistant to the Governor on SDGs, Dr Folawiyo Olajoku, in his remarks disclosed that , aside the building of the PHCs, SDGs has also procured and distributed over N3million worth of drugs to the people of the state.

Olajoku further explained that SDGs has recruited over 400 healthcare workers, procured ambulances and has constructed and renovated over 47 classrooms in elementary and middle schools in the state.

He maintained that the agency has discharged its responsibilities to the people of the state in all aspects, particularly in education and health sectors.

Leave your comment on this post

THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN

WATCH THE CRITICAL ANALYSIS AND KNOW THE RESPONSIBLE PARTIES TO BLAME FOR NIGERIA'S ECONOMIC CHALLENGES, WHILE CITIZENS ENDURE SEVERE HARDSHIPS.

Watch this episode of ISSUES IN THE NEWS on 9News Nigeria featuring Peter Obi's Special Adviser, Dr Katch Ononuju, 9News Nigeria Publisher, Obinna Ejianya and Tinubu Support Group Leader, McHezekiah Eherechi

READ ALSO  PDP Moves To Suspend Members Who Worked Against Party’s Victory During 2023 General Election

The economic crisis and hardship in Nigeria are parts of the discussion.


Watch, leave your comments, and share to create more awareness on this issue.


#9NewsNigeria #Nigeria #issuesInTheNews #politics #tinubu THE ROTTEN FISH: CAN OF WORMS OPENED ...
DON'T FORGET TO SUBSCRIBE AND LEAVE YOUR COMMENTS FOR SUBSEQUENT UPDATES
#9newsnigeria #economia #economy #nigeria #government @9newsng
www.9newsng.com

Leave your comment

Click on the link below or Scan the QR Code to join the 9News Nigeria WhatsApp Channel

9News Nigeria Investigative Reports WhatsApp Channel
9News Nigeria Investigative Reports WhatsApp Channel
About Uchenna Mbam 9159 Articles
Uchenna Mbam is a reliable full time Blogger on news media as Editor/Publisher. Be free to Contact me via Facebook @Mbam Uchenna or Email me @uchennambam23@gmail.com

Be the first to comment

Leave your comment