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Makinde signs revised 2021 budget into law

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Oyo state governor, Engr. Seyi Makinde signed the N268.8 Billion revised 2021 budget into law, just as he assured that it will consolidate his administration’s infrastructure initiatives.

Governor Makinde, who gave the assurance on Monday while signing the budget at the Executive Council Chamber of the Governor’s Office, said that real implementation of the budget would commence in earnest, as, according to him, the state is targeting at least 70 per cent implementation.

According to him, there is a lot to look forward to in terms of dividends of democracy by the people of the state in 2021.

He added that the state was poised to complete many of its infrastructure works in the new year.

The governor appreciated members of the Oyo State House of Assembly for approving the 2021 budget in a timely manner, adding that the synergy between all the arms of government in the state has made the governance process easier for everyone.

It will be recalled that Mega Icon Magazine had earlier reported that Governor Makinde withhold his signature from a N273.7billion increased budget recently sent to him by the Oyo State House of Assembly.

The report also revealed that the proposed budget for the 2021 fiscal year, tagged: “Budget of Continued Consolidation,” which was a total of N266.6billion when presented recently by Governor Makinde was increased to the tune of  N273.7 Billion by the States’ lawmakers.              

Continuing, the House of Assembly approved and passed the sum of N273.7billion, late night on Tuesday.

The Oyo State House of Assembly, however made a U-turn on Friday and passed the sum of N268.8 billion as the 2021 appropriation against N273.7 passed earlier in the week.

But the governor dispelled  this describing it as insinuations that the House of Assembly padded the budget and that the Executive rejected it and forced a revision, adding that the rumour was simply untrue.

“It is certainly not Uhuru, but we will continue to do our best to make things work in our dear state. It is a budget of continued consolidation, so we continue to ask for your support as we undertake various projects this coming fiscal year,” the governor said.

He added: “Today, we are signing into law our Budget of Continued Consolidation. This completes the first phase of the process for the 2021 fiscal year budgeting. First, we got the good people of Oyo State involved in the budgeting process through the town hall meetings, then we prepared the budget and passed it on-to the state’s House of Assembly for approval. 

“After this signing, the real work of implementation begins.”

Governor Makinde stated that the 2020 budget fell short of the 70 per cent target but recorded a performance that was a little above average at 50.32 per cent due to the impact of the COVID-19 pandemic and the economic meltdown occasioned by the fall in oil prices. 

“We met a lot of our goals because we used the Alternative Project Funding Approach (APFA), and the Contractor’s Project Financing Scheme to finance many projects. We also made use of targeted loans for project financing. Of course, the reward for hard work is more work. So, for the 2021 fiscal year, we will continue to be innovative and creative in our approach to financing.”

He noted that the government will “work harder and smarter next year to ensure that we meet our performance target of at least 70 per cent.”

Governor Makinde promised to explore alternative finance models in 2021, stating that projects which the House of Assembly saw as imperative as well on-going ones would be implemented.

“As already mentioned, we have some alternative finance models which we will be exploring in 2021. So, these projects, which the House saw as imperative, will still be implemented. However, we will carry out those projects without incurring higher interest on loans or negatively impacting Oyo State’s economic policies and budget performance.

“Let me also quickly add that with Nigeria staring at a second wave of the COVID-19 pandemic, we just have to remain prepared for eventualities. Some countries are already thinking of a second lockdown. But if we play our part, by observing all the guidelines provided by the Oyo State COVID-19 Task Force, we might weather this second wave without considering a lockdown.

“Be that as it may, we continue to maintain a positive outlook for 2021. Many of the projects we started in 2020 have less than 18-month cycles. So, we will see a good number of projects initiated by our administration completed in 2021.

For example, the 65km Moniya-Ijaiye-Iseyin Road, 21km Airport Road- Ajia-New Ife Express Road with a spur to Amuloko, and perhaps even the Idi Ape-Basorun-Akobo-Odogbo Barracks road, should be completed in 2021. 

“By God’s grace, we will watch our first match in the upgraded Lekan Salami Stadium at Adamasingba in 2021. We will even commission the bus terminals all around Oyo State. Those who lost their stores, this year, as a result of the inferno at Akesan Market, will be happy to move back to the rebuilt market with better facilities next year,” Governor Makinde added.

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Oyo South APC Candidate, Oseni, Takes Delivery of 20 New Transformers for Distribution

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The All Progressives Congress (APC) candidate for Oyo South Senatorial District, Oseni, has taken delivery of 20 additional transformers for distribution to communities across the district as part of efforts to address electricity challenges and strengthen local infrastructure.

The latest consignment is expected to provide relief to communities grappling with inadequate power supply, particularly households, traders, artisans and small-scale business owners whose economic activities are often hampered by unreliable electricity.

In a statement issued by his media aide, Idowu Ayodele, and made available to journalists in Ibadan on Saturday, Oseni, who currently represents Ibarapa East/Ido Federal Constituency in the House of Representatives and chairs the House Committee on the Federal Roads Maintenance Agency (FERMA), described electricity as a critical driver of economic growth, community development and improved living standards.

He said the intervention was informed by the need to respond to the everyday challenges confronting residents, noting that access to reliable electricity remained essential to both domestic and commercial activities.

“We recognise the difficulties our people face as a result of inadequate electricity supply. For traders, artisans, small business owners and families, reliable power is not a luxury but an important part of their daily lives. The arrival of these 20 additional transformers is another practical step towards responding to those concerns and supporting our communities,” he said.

The lawmaker explained that the transformers would be distributed to identified communities based on their electricity needs, adding that care would be taken to ensure the equipment served its intended purpose and delivered tangible benefits to residents.

He further stressed that effective representation should go beyond political promises and public pronouncements, noting that elected leaders must demonstrate their commitment through practical interventions that address the needs of their constituents.

“Our people deserve more than promises. They deserve leadership that pays attention to their challenges and is committed to finding practical ways to address them. We will continue to support initiatives that improve living conditions, strengthen local businesses and bring development closer to our communities,” he added.

The latest delivery adds to Oseni’s infrastructure support efforts across Oyo South, with electricity supply remaining a major concern for many communities in the senatorial district.

The intervention is also expected to complement his earlier efforts to improve electricity distribution and service delivery across the affected communities.

Oseni reaffirmed his commitment to supporting initiatives aimed at improving the welfare of residents and promoting sustainable development across Oyo South.

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‎Oseni Hails Folarin’s Political Experience, Contributions at 63

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‎The All Progressives Congress (APC) senatorial candidate for Oyo South, Hon. Aderemi Oseni, has congratulated former Senate Leader, Senator Teslim Folarin, on his 63rd birthday, acknowledging his years of political experience and contributions to public service.

Oseni, who represents Ibarapa East/Ido Federal Constituency in the House of Representatives, conveyed his felicitations in a statement issued by his Media Aide, Idowu Ayodele, on Friday and made available to journalists in Ibadan, the Oyo State capital.

He described Folarin’s birthday as an occasion to reflect on a career marked by years of involvement in legislative affairs and the political development of Oyo State and Nigeria.

‎The federal lawmaker noted that Folarin had established himself as a prominent figure in the state’s political landscape, having served in different legislative and political capacities, particularly as Senate Leader.

He said the former Senate leader’s experience in the legislature had given him valuable insight into governance, public service and the responsibilities of political leadership.

The APC chieftain added that Oyo State needed the collective wisdom and contributions of its political leaders, irrespective of their political affiliations, to sustain peace, stability and development.

He said, “Senator Teslim Folarin is a man whose years in public service have given him considerable experience in the political and legislative affairs of our country. His contributions to Oyo State and his commitment to public life are worthy of acknowledgement.

“On this special occasion, I celebrate him and wish him many more years of good health, wisdom and fulfilment.”

Oseni further wished the former Senate Leader renewed strength and greater opportunities to contribute to the development of his community, Oyo State and the country.

‎He also prayed for God’s continued protection, sound health and guidance for Folarin, expressing hope that his new year would bring him peace, happiness and greater accomplishments.

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Oyo South: Oseni releases N110m for ICT, water, solar streetlights in Ibarapa East

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The Oyo South Senatorial candidate of the All Progressives Congress (APC), Hon. Aderemi Oseni, has released N110m for youth digital training, boreholes and solar-powered streetlights across the 10 wards of Ibarapa East Local Government Area of Oyo State.

According to a statement by the lawmaker’s media aide, Idowu Ayodele, made available to journalists in Ibadan on Thursday, the intervention comprises N10m for equipping the Eruwa Youth Movement (EYM) Secretariat’s Information and Communication Technology Centre (ICT) and N100m for the provision of boreholes and solar-powered streetlights in Eruwa, Lanlate and other communities across the local government.

Oseni, who chairs the House of Representatives Committee on the Federal Road Maintenance Agency (FERMA), said the ICT centre allocation was intended to provide modern equipment to strengthen digital training and equip young people with practical skills relevant to employment and entrepreneurship.

He said the investment was driven by the need to prepare young people for the demands of an increasingly technology-driven economy.

“Our young people have talents and ambitions, but they need access to the right tools and opportunities. Equipping the Eruwa Youth Movement (EYM) ICT Centre is a practical step towards helping them develop useful skills, become more self-reliant and compete for opportunities in the digital economy,” he was quoted as saying.

The lawmaker explained that the larger allocation of N100m would support the provision of boreholes and solar-powered streetlights across the 10 wards of Ibarapa East.

He said the boreholes would improve access to water for households, while the streetlights would enhance security, improve visibility and make community roads and public spaces safer after dark.

Idowu said the latest intervention was in addition to the lawmaker’s earlier constituency development efforts in Ido and Ibarapa East local government areas, particularly in basic infrastructure and youth development.

He added that distributing the projects across the 10 wards was aimed at ensuring that communities across the local government benefited from the intervention.

“Our responsibility is to support projects that respond to the real needs of our people. Access to water, safer public spaces and opportunities for our young people are important to the well-being of our communities,” Oseni was further quoted as saying.

The APC senatorial candidate reaffirmed his commitment to effective representation and sustained grassroots engagement, assuring residents that he would continue to support initiatives addressing the needs of communities across the district.

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