Why I Won’t Borrow To Run Government In Osun — Governor Adeleke

Ademola Adeleke, the governor of Osun State, has reaffirmed that his administration has vowed never to borrow money from any financial institution.

Additionally, Governor Adeleke disclosed that he has developed more effective internal revenue generation strategies to support his ongoing efforts in the state.

The Governor announced this on Thursday at the inaugural “Ipade Imole” interactive public engagement session in Osogbo.

While listing the achievements of his government, Adeleke also disclosed that he has resolved to spend the N2bn palliative fund from the federal government on major projects among which are: renovation and procurement of more buses for easy and affordable transportation, as well as rehabilitation of health facilities.

“Development of Osun is paramount to me and hence I decided to take huge sacrifice by adding my security vote to fund the project in the state rather keep it to myself like others before me”, he said.

The Governor also disclosed his administration has prioritised projects it intends to finance with the Infrastructure Support Fund of the Federal Government, which include a flyover in the state capital.

“We intend use the N2billion to fund some projects, including dualisation of roads at two per senatorial districts; flyover bridges at Osogbo and some other towns; street lights for newly constructed roads; second stream of 332 boreholes across wards; commencement of Imole transport service; and Imole Housing Estate at 500 units per federal constituency,” he said.

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