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Gov Akeredolu Inaugurates Olaiya Flyover In Osogbo

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Gov Akeredolu Inaugurates Olaiya Flyover In Osogbo

Ondo State Governor, Arakunrin Rotimi Akeredolu, SAN, on Thursday inaugurated the iconic Olaiya flyover in Osogbo, the Osun State capital.

Akeredolu described the performance of Oyetola in the State as incredible and worthy of emulation.

This is even as Governor Adegboyega Oyetola said the construction of the flyover was a child of necessity aimed at putting a permanent end to avoidable road accidents and other mishaps hitherto being experienced by road users and residents of the State.

Gov Akeredolu Inaugurates Olaiya Flyover In OsogboThe newly-inaugurated Olaiya flyover was completed within the one-year time frame allotted to it a few months ago with a target to substantially ease the growing traffic, eliminate unnecessary cases of accident, secure the lives of the valued citizens and further enhance the architectural beauty of the State capital.

Addressing the people at the venue of the inauguration, Governor Oyetola said the successful completion of the flyover was an attestation to the efficacy of the Alternative Project Funding System, a novel development model introduced by his administration to boost the State’s development and infrastructure needs.

He said his administration has taken care of the fears and evil of fiscal indiscipline and lack of implementation, which hamper projects and services in the nation’s public service as seen in the myriad people-centred and masses-focused projects being inaugurated and delivered for the use of the people of the State in the about four years of being at the helm of affairs.

The Governor who described the flyover as an architectural masterpiece, a paragon of aesthetics and a socioeconomic signature on the economic transformation captured by the Development Agenda of his administration, said, “This is another fulfilment of our electoral promise we exchanged for the mandate of our people”.

He said his government has so far proved that infrastructure and economic development are doable in a depressed economy and that stagnated development in a struggling economy is a product of intellectual laziness, dearth of creativity, shortage of innovation and lack of political will.

“It (Olaiya flyover) is a worthy complement to the over 500km roads we have rehabilitated and constructed in our four years in government so far.

“Fixing our State’s infrastructure deficit is a critical item on our Development Agenda. This is because no economy can truly succeed without adequate infrastructure to make life easy for residents and businesses.

“This realisation accounts for why we are engaging in mass spread of infrastructure development across the State to stimulate development in line with our Development Agenda.

“We have rehabilitated and constructed several roads across the State as a catalyst for equitable socio-economic development. Among these roads are: Ada-Igbajo road, Osogbo-Kelebe-Iragbiji road, and Akindeko-Awosuru link road via Adejumo Street with Oremeji spur, Akinlade Street, Adewale Street with loop to WAEC road all in Osogbo; Army Barack (Ede)-Ara-Ejigbo township road, Moro- Yakoyo-Ipetumodu-Asipa-Ife/Ibadan Expressway Junction Road and Ereja Roundabout-Ereguru-Isaare-Oke Oye-Sabo (Irojo)-Ilesa/Akure Expressway Junction.

“Others are: Lawyer Atanda Road, Iwo; Ila-Arandun-Kwara Boundary Road; Nike Gallery-Ido-Osun Township airport with palace spur; Ikirun-Eko-Ende Road; the access road to Fountain University, Osogbo; Osogbo (Lameco)-Okinni-Ilobu-Ifon Osun Market with Spur to Olobu’s Palace; Osogbo/Ilobu-Akari-Erin Osun Roundabout on Osun LCDA Junction; Post Office-Ayetoro-Jamodo-Ifon Palace-Janta Ifon Osun; Isale-Asa-Oke Aree road, Iree, as well as Ikire township roads, among other interventions.

“There are however a few other roads that are still on-going, while some are nearing completion. Among these roads are: Ife Township Roads; Inisa Road and Osogbo-Iwo Road.

“We have also focused attention on opening up our rural roads with the aim of connecting them to the urban areas. This is to stimulate rapid state-wide development and facilitate ease of movement for our people and goods from one part of the State to another.

“The strength of this Olaiya Flyover is in the faithful implementation of traffic regulations by our relevant officers and the resolve of our people to obey the rules. I, therefore, appeal to us all to faithfully play our parts so that we can be united in saying never again to loss of lives and economic wastage in our dear State.

“My dear good people of Osun, as we inaugurate this iconic Olaiya Flyover today, I welcome you, the good people of Osun, to an accident-free driving around this axis, a safe and secure life and an enduring architectural beauty of Osogbo, our State capital.

“Olaiya Flyover is your property and heritage. Own it. Make the best use of it and pass it to our unborn generations as you go about your businesses and daily lives”, he added.

Inaugurating the flyover, Governor Akeredolu, commended Oyetola for being committed to the welfare and general well-being of the people of the State.

Akeredolu who described the flyover as unprecedented in the history of the State, expressed confidence in the fact that the facility would go a long way at meeting the infrastructure needs of the axis, most importantly the road users.

“I am not new to Osun. I am not new to Osogbo. It is important to me for many reasons. I have followed the history of this State. I say it without mincing words that Oyetola has made his mark in the sand of time. If you don’t know what he has done, see this place, you will see part of what he did. I am overwhelmed with joy for giving me the opportunity to partake in this programme.

“This is historic in the history of Osogbo. Oyetola has made history. I congratulate you for your resilience in the face of daunting challenges even from those that are supposed to be your friends.

“We knew what you met in the State and we know what you have done and where you have taken the State. We can’t lie to ourselves, we are fearless — you have tried. We were here when salaries were owed for several months but you came and the story changed. I commend you for making the interest of your people primary consideration.

“For me, development is about people. All efforts conceived and geared towards the amelioration of the welfare of the people must be commended. You are indeed a talk and do governor. Any government that prioritizes the interest of the people is an organized one.

“The verdict of history will be written after your eight years. You have done excellently well. I know the crucial role infrastructure development plays in any society as it opens up everywhere. Some people may be saying road is not what they will eat, but I know it brings development.

“Living in an environment will be stress free if infrastructure is put in place for socio-economic development to thrive. We know what you have done. God will reward you. As we can see, direct beneficiaries of this initiative are numerous both within and outside the state.

“I thank you for insisting to discharge this for the people of Osun. We were here when the results of the election were declared. We were downcast but you were not. I commend you for the way you have managed the affairs of this State. You have done incredibly well. You shall be returned for another four years. How many Governors can boast of what you have done in four years? You have justified the confidence bestowed on you by your people.

“I congratulate the people of Osun on the tremendous boost they have witnessed in the State. It is not only mouthing Omoluabi ethos that matters but upholding it. I say to you, Oyetola, you are indeed an Omoluabi, true and true,” he added.

Earlier in his welcome address, the Commissioner for Works and Transport, Engr Remi Omowaye, said the successful completion of the flyover would in no measure add value to the socioeconomic activities in the State in general and Osogbo in particular.

Omowaye who highlighted many of the infrastructure developments, particularly road infrastructure initiated by the Oyetola led administration, said indeed the government has raised the bar of infrastructure in the State.

He commended the people of the State for their love and perseverance throughout the construction period saying, “It is a thing of joy that the State has successfully inaugurated it for the use of the generality of the people in the state and beyond.

The Contractor of the project and Chairman Peculiar Ultimate Concerns, Engr Olanrewaju Adeleke, reassured the people of the quality of work done on the flyover which according to him has the capacity to meet immediate and future needs of the road users.

He said: “Every engineering work is meant to meet immediate and future requirements. This project has met its billing. It has solved all the immediate problems and future road mishaps. I commend the Alternative Project Funding Approach of the State that has helped to actualise this iconic Olaiya flyover”

NEWS

N1.7trn Loan: Atiku Blames NASS For Worsening Nigeria’s Debt Burden

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Former Vice President, Atiku Abubakar has criticized the federal government’s plan to secure an additional N1.7 trillion loan through Eurobonds to cover a shortfall in the 2024 budget, describing the borrowing as unsustainable and harmful to Nigeria’s economy.

In a statement shared on Thursday via his X (formerly Twitter) handle, Atiku accused the Bola Tinubu-led administration of burdening Nigerians with debt while failing to provide clear answers about the country’s fiscal challenges.

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He also faulted the National Assembly for enabling what he called a “voracious appetite” for loans.

The former Peoples Democratic Party (PDP) presidential candidate expressed alarm over a recent World Bank report ranking Nigeria as the third most indebted country to the International Development Association (IDA), calling the development troubling.

“The recent report released by the World Bank, showing Nigeria as the third most indebted country to the International Development Association (IDA), is very concerning,” Atiku stated.

He raised further concerns about the government’s decision to benchmark the proposed loan at an exchange rate of 1 USD to N800, despite the Central Bank of Nigeria’s official rate being over N1,600.

“What makes this particular loan proposal even more concerning is that it is benchmarked at the exchange rate of 1 USD to N800, whereas the current exchange rate from the Central Bank of Nigeria stands at over N1,600 to 1 USD,” he said.

Atiku questioned the need for additional borrowing, given the government’s earlier claims of record-high revenue collection.

“In July this year, Tinubu boasted that the FIRS and Customs under his watch had collected all-time high revenues to finance the budget. Why are they still borrowing?” he said

He accused the government of a lack of transparency, describing the borrowing spree as detrimental to Nigerians already struggling under economic hardship.

“There is something that they are not telling Nigerians, even as they are being crushed by a combination of their failed trial-and-error policies and loan rackets.”

Atiku also referenced a report by BudgIT, a budget monitoring group, which criticized the 2024 budget for its inefficiencies.

He alleged that corruption, rather than infrastructure or development needs, was driving the government’s borrowing decisions.

“These loans are powered by corruption and not for infrastructure and development needs. This voracious appetite for humongous loans is deeply concerning,” he said.

Reflecting on Nigeria’s financial history, Atiku lamented the return to significant foreign indebtedness just years after former President Olusegun Obasanjo’s administration cleared the country’s debt.

“It is agonizing to see that just a few years after the Obasanjo administration took us out of foreign indebtedness, we are today back at the top spot in the same conundrum,” he stated.

He called for a more cautious approach to borrowing, urging the government to prioritize fiscal responsibility and transparency to avoid worsening Nigeria’s economic challenges.

 

 

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International News

ICC Issues Arrest Warrants For Israeli Prime Minister Netanyahu, Others

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The International Criminal Court (ICC) has taken a historic step, issuing arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant.

The charges include crimes against humanity and war crimes allegedly committed during Israel’s recent assault on Gaza.

In a detailed statement, the ICC accused the Israeli leaders of “intentionally and knowingly depriving the civilian population in Gaza of objects indispensable to their survival, including food, water, and medicine and medical supplies, as well as fuel and electricity.”

READ MORE: Osun Govt Decries Attempted Murder Of Park Mgt  Chairman By Police

The ICC’s move marks a significant escalation in international scrutiny of the Israeli-Palestinian conflict. Netanyahu and Gallant are alleged to have orchestrated policies that caused severe harm to the civilian population in Gaza, leading to widespread condemnation from human rights organizations.

Alongside the charges against Israeli officials, the ICC also issued an arrest warrant for Hamas military commander Mohammed Deif. Deif has long been a central figure in Hamas’s military operations. Israel’s military claims to have killed him in a July airstrike, although this has not been independently verified.

The warrants highlight growing calls for accountability amid the ongoing conflict in the region. The ICC’s actions are likely to provoke heated debate and may complicate diplomatic efforts aimed at resolving the crisis.

With the warrants issued, global attention now turns to how the international community will respond and whether any practical steps will be taken to enforce them.

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NEWS

Edo State Governor Sets Up Committee To Recover Missing Gov’t Vehicles

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Governor Monday Okpebholo of Edo State has inaugurated a 12-member committee tasked with recovering government vehicles reportedly in private hands.

The committee, led by Kelly Okungbowa, has been given a two-week mandate to retrieve the vehicles and ensure their return to the state government.

READ ALSO: Finnish Police Arrest Simon Ekpa Over Terror-Related Allegations

Speaking during the inauguration ceremony in Benin City, Governor Okpebholo emphasized the importance of accountability in the management of public resources.

He urged the committee to carry out its assignment thoroughly and within the bounds of the law.

In his response, Okungbowa expressed gratitude to the governor for entrusting the team with the assignment, vowing to deliver results within the stipulated timeframe.

“A lot of vehicles used by the past administration are missing, as those in custody of the vehicles have refused to return them,” Okungbowa said.

“The governor deemed it fit to inaugurate us today with a mandate to recover all government vehicles in private hands.”

The committee, which includes representatives from Edo’s three senatorial districts, is set to investigate and recover the vehicles based on credible intelligence already at their disposal.

“We already have vital information regarding some persons still holding government vehicles,” Okungbowa stated. “We will do the job according to the law, and both the government and the people will be satisfied with the outcome.”

He also called on members of the public to assist the committee by providing information about any government vehicles that may still be in private possession.

“We want to appeal to members of the public who might be aware of anyone still keeping government vehicles in their houses to please inform us to enable the committee to recover such for the Edo State Government,” Okungbowa said.

The committee’s vice chairman, Rt. Hon. Victor Edoror, a former Speaker of the Edo State House of Assembly, will work alongside other members to ensure the success of the initiative. The public can reach the committee at 08110165121.

 

 

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