Skip to main content

Oyo State Achieves Economic Stability with N24bn Monthly Salary Payments


Ladoja, Deputy Governor, Senator, Asiwaju Akeem Olatunji and Others Pay Sallah Visit to Governor


Oyo State Governor, ‘Seyi Makinde, has reaffirmed his administration’s commitment to economic growth, highlighting the monthly injection of N24 billion into the state’s economy through salary payments to state and local government workers. He emphasized that this financial stability, coupled with a conducive business environment, has encouraged private sector investments in the state.

The governor made this statement on Sunday when he received a delegation of Muslim faithful, including clerics, traditional rulers, and political office holders, at his Ikolaba residence in Ibadan. The delegation, led by Deputy Governor Barr. Abdulraheem Bayo Lawal, included the Otun Olubadan of Ibadanland, Senator Rashidi Ladoja; Oyo South Senator, Oloye Sharafadeen Alli; former Deputy Governor, PDP Deputy National Chairman, Amb. Taofeek Arapaja; Prof. Kamil Oloso; Babasale Musulumi Oluyole local Government, Asiwaju Akeem Olatunji among others.

Oyo State’s Progress and Economic Stability

Governor Makinde expressed gratitude to the Muslim Ummah for their prayers, support, and commitment to the state, noting that peace and unity have been instrumental in Oyo’s economic progress. He recalled how political divisions once marred the state’s development but emphasized that the current atmosphere of peace has led to significant growth.

“Every four weeks, N24 billion flows into the economy of Oyo State through workers’ salaries. The state’s wage bill stands at approximately N14 billion, while local governments account for about N10 billion,” he stated.

He further highlighted ongoing private-sector investments, citing the Farmers’ Wholesale Market project at Ijaiye Farm Settlement, where 3,000 hectares have been allocated for agricultural development.

His Excellence Engr Seyi Makinde Addressing the good citizen of Oyo state today in his Private residence in Ibadan

Call for Patience and Continued Development

Delivering the message of the Olubadan of Ibadanland, Oba Owolabi Olakulehin, Otun Olubadan, Oba Ladoja, urged Oyo residents to remain patient and steadfast despite economic challenges. Similarly, Deputy Governor Barr. Lawal encouraged the Muslim community to uphold values of empathy, love, and kindness as taught by the Holy Quran.

Special prayers were also offered for Governor Makinde’s administration by Professor Oloso, who commended the governor’s support for the Muslim community.

Other dignitaries in attendance included the Deputy Speaker of the Oyo State House of Assembly, Rt. Hon. Mohammed Fadeyi; Oloye Nureni Akanbi; commissioners; local government chairpersons; and other government officials.

Read More; Oluyole LG Chairman, Asiwaju Akeem Olatunji Hosts NASFAT, League of Imams, Others to Ramadan Iftar

Conclusion

Governor Makinde reassured the people of Oyo State that his administration remains focused on economic expansion and stability. He urged political office holders nationwide to prioritize citizens' welfare, acknowledging the challenges but emphasizing resilience.

Comments

Post a Comment

Popular posts from this blog

Preventive Healthcare in Oyo State: The Urgent Need for More Environmental Health Officers in the state

Prevention is Better and Cheaper than Cure: Why Oyo State Needs More Environmental Health Officers for a Healthier Life Building a Healthier Future: Why Oyo State Needs More Environmental Health Officers In recent years, the concept of preventive healthcare has gained significant attention, particularly in developing regions like Oyo State. The saying "prevention is better than cure" has never been more relevant. As diseases and environmental hazards continue to evolve, the need for proactive approaches to health has become essential. One of the most effective ways to achieve this is by strengthening the presence of Environmental Health Officers (EHOs) in Oyo State.   The Role of Environmental Health Officers Environmental Health Officers play a critical role in safeguarding public health. They are trained professionals responsible for ensuring that environments—both urban and rural—are free from hazards that can compromise the health of residents. Their duties range from ins...
Post a Comment
Read more

Oluyole Constituency Road Project Faces Criticism as Residents Share Evidence of Delays

Construction of Odo-Ona Elewe Road Flagged Off, but Residents Claim Otherwise Road construction flag off in 2020 The long-anticipated construction of the Odo-Ona Elewe-Idi-Iroko-Olugbemi Adewole (Liberty Academy) Road in Oluyole Federal Constituency, Oyo State , was officially flagged off on the 15th of April, 2020. This announcement came via Team #TASK on the official Instagram page of Hon. Tolulope Akande-Sadipe, a member of the Federal House of Representatives, representing the Oluyole constituency. According to Team TASK , the project is being carried out by the Federal Roads Maintenance Agency ( FERMA ) in partnership with MESSRS NDAGRE NIGERIA LIMITED . The project, when completed, is expected to significantly improve road access for residents and boost economic activities in the area. Present Situation of the Road However, despite this official announcement, some residents in the area have voiced concerns over the status of the road project. They claim that the road remains unfi...
Post a Comment
Read more

Oyo SUBEB Unveils Names of Newly Recruited Teachers and Caregivers

SUBEB has officially released the names of 5,600 newly recruited primary school teachers and 80 caregivers. The Oyo State Universal Basic Education Board (SUBEB) has officially released the names of 5,600 newly recruited primary school teachers and 80 caregivers, marking a significant milestone in the state's educational reforms. Speaking in Ibadan, SUBEB Chairman Dr. Nureni Aderemi Adeniran disclosed that the recruitment list received full approval from Governor Seyi Makinde. The first batch of successful applicants emerged from a recent recruitment exercise conducted by OYOSUBEB. To check their status, applicants are advised to visit the job portal at www.jobportal.oyostate.gov.ng . According to Dr. Adeniran, the list will be available on the portal starting Saturday, November 23, 2024. The newly engaged teachers and caregivers will undergo a verification exercise at the Board's headquarters, with dates and other relevant details to be announced soon. Dr. Adeniran emphasized...
Post a Comment
Read more