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Osun begins Interview for shortlisted Teachers across the State | SPEECH OF HE, GOVERNOR ADEMOLA ADELEKE AT THE COMMISSIONING OF THE COMPLETED DUALISATION OF ROUNDABOUT – TESTING GROUND – ILESA GARAGE ROAD TODAY DECEMBER 4TH, 2024. | Osun Govt mourns death of Customs officer, wife, children in house inferno | 2026: No Vacancy In Abere Government House – Osun Workers | Dame Award: Governor Adeleke Congratulates Dr Lasisi Olagunju | OSUN WORKERS TO HOLD APPRECIATION RALLY FOR GOVERNOR ADELEKE ON MONDAY | GOVERNOR ADELEKE HAILS SSG TESLIM IGBALAYE ON HIS BIRTHDAY. | Midterm Scorecard: Governor Adeleke Appreciates Osun Residents, Says More Democratic Dividends Coming | N75,000 Minimum Wage Takes Effect from December 2024 as Osun Govt and Labour Signs New Wage Deal | OSUN GOVERNMENT APPROVES APPOINTMENT OF NEW OLOJUDO OF IDO OSUN, PRINCE JOKOTOLA OLAYINKA TUNDE | OSUN SSG, IGBALAYE, PRAISES GOVERNOR ADELEKE’S TRANSFORMATIVE LEADERSHIP ON HIS 2ND ANNIVERSARY. | IPADE IMOLE SPEECH | Senator Lere Oyewumi Congratulates Governor Ademola Adeleke on His Second Year Anniversary | TEXT OF STATE BROADCAST BY GOVERNOR ADEMOLA ADELEKE TO MARK THE SECOND YEAR ANNIVERSARY OF THE ADMINISTRATION ON NOVEMBER 27TH, 2024 | REMARKS BY GOVERNOR ADEMOLA ADELEKE AT THE COMMISSIONING OF OLD GARAGE -OKEFIA- LAMECO DUALISATION BY GENERAL OLUSEGUN OBASANJO | GOVERNOR ADELEKE SALUTES EX-VICE PRESIDENT, ATIKU ABUBAKAR, ON BIRTHDAY | Governor Adeleke Represents South West on Ad Hoc Committee on National Electrification Plan | Governor Adeleke Represents South West on Ad Hoc Committee on National Electrification Plan | Osun Shooting : Governor Adeleke Calls for Peace as IGP Orders Immediate Arrest of Moses Lohor for Attempted Murder. | How we Arrived at N75,000 New Minimum Wage for – Osun Government. | Governor Adeleke Flaunts Local Content Records, Says Osun Industrialisation is Progressing

Category: Economy

PROTOCOLS

It is with gratitude to God and the universe that I warmly welcome you to this commissioning event. This is another key milestone in our administration’s drive to upgrade the capital city of Osun State.

I appreciate the presence of my dear brother, Governor Seyi Makinde, to witness the outcome of good governance in the state of the living spring. Today’s gathering is another manifestation of the strong bond of brotherhood between Oyo and Osun states. Your Excellency, welcome to the cradle of Yoruba race, Osun state.

I must also pay tribute to my brother, former Governor Rauf Aregbesola. His administration started the Osogbo Ring Road project before it was abandoned by the previous government. Today, Ogbeni Aregbesola must be happy at the final completion of the project.

At the inception of our administration, I had promised my God and the people of Osun state that I would not abandon projects inherited from my predecessors. It is my considered view that public projects are public assets which must not be wasted on the altar of political vendetta. I followed my conviction by directing my team to compile a list of all abandoned projects and submit a plan of completion.

Based on the plan of action, our administration has completed several projects across the sectors. In under 100 days, we completed the Osogbo – Ikirun road dualisation with full solar street lights. It has been open to use since then. We expanded the inherited reconstruction of Iwo – Osogbo road to include dualisation of a major internal road inside Iwo. We completed several abandoned projects inside Osun State University including the one at Isale Osun which was neglected for almost eleven years.

Aside from our resolve to complete inherited projects, the road we are about to commission has important significance for the economic well being and safety of our people. Before our assumption of office, we had reports of multiple fatal accidents and traffic gridlock on this road. Many voters actually demanded completion of the road during our electioneering campaign.

I thank God that today we fulfill our promises to the people of our dear State. The completion of the dualisation within record time has expanded economic growth of the capital city. It will save our people from untimely death and injuries.

I must however advise against reckless driving and breaching of driving safety protocols. We are recording increasing accidents on many freshly completed roads due to over – speeding and one way driving. I appeal to road users to be safety conscious.

I am therefore directing security agencies and road safety authorities to enforce safety codes on our brand new roads. The Ministry of Works should also consider the possibility of constructing speed breakers where necessary. We must secure our people as we are providing better roads and services across the sectors.

As I earlier promised our people, the commissioning of several completed projects continues to mark our two years in office. From over 150 kilometers of completed roads, the commissioning crew moves to Iresi town next week to be followed by other towns.

I reassure Osun people that our administration will not relent in our desire to satisfy their developmental needs. We will not relent until our infrastructure is fixed and until collective prosperity is achieved in our dear state.

Ladies and gentlemen, it is my honour to invite my brother, Governor Seyi Makinde to commission this completed dualisation project.

I thank you for listening.

HE, GOVERNOR ADEMOLA ADELEKE,
DECEMBER 4TH, 2024.

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OSOGBO – 31/10/2024 – osunstate.gov.ng

Governor Ademola Adeleke while chairing the Treasury Board meeting for the 2025 budget, has issued a strong admonition to Ministries and Agencies to sustain budget performance on all fronts.

Members of the Treasury Board include the Deputy Governor, Prince Kola Adewusi; Secretary to the State Government, Hon Teslim Igbalaye; the Chief of Staff to the Governor, Hon Kazeem Akinleye; Head of Service, Elder Ayanleye Aina; Attoney General/HCJustice and HC Finance; the Accountant General; Chairman of State Internal Revenue Service among others.

The Governor scrutinised proposals of various Agencies submitted through the Ministry of Budget and Economic Planning.

The State Governor noted that presentations by the agencies are encouraging but called for a more innovative approach to Revenue and Expenditure process and practice in line with the fiscal procedures and extent laws.

According to the State Governor, the real value of federation allocations to the state has dwindled despite the slight increase in the nominal value but to have a sustainable budget performance for the good of the citizens, political heads and accounting officers should think out of the box by emphasizing high priority projects and programmes.

“I task heads of ministries and agencies to focus on high priority projects. The resources are limited, and our needs are much. So we have to balance both ends by avoiding frivolous programmes and emphasizing areas promoting the five point agenda of this administration.

“You are to conduct full due diligence on your various sectors and programmes. Revenue generation must be driven with vigour but with a human face. Value for money is also key in state expenditure”, the State Governor charged the various ministries and agencies led by the Commissioners and Special Advisers.

Earlier in his presentation, the Commissioner for Budget and Economic Planning, Prof. Moruf Ademola Adeleke assured that the report of the Treasury Board will be submitted to the State Executive Council for approval as a draft budget for presentation to the State Assembly.

He informed the Governor and other state officials that the budgetary process is on schedule to meet the timeline for final processing and approval by both the State Executive Council and the House of Assembly.

Sectors already covered by the Treasury Board meetings include Education, Solid minerals and infrastructure sectors. The board sitting continues today with the Permanent Secretary, Ministry of Budget and Economic Planning, Mrs Yetunde Esan, coordinating the process

Signed:
Mallam Olawale Rasheed,
Spokesperson to the State Governor.

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By Sarafa Ibrahim

On Monday, something remarkable that will change the trajectory of Osun finances forever happened. The Spokesperson to the Osun State Governor, Mallam Olawale Rasheed announced that Thor Exploration Limited, the parent company of Segilola Gold Project, has conceded to the plank of the Osun State Government dispute with it and that Governor Ademola Adeleke will soon be “hosting the federal meditation team for the formal presentation of the share certificate to the state government..”

It is a cheering news because this is a victory not just for today but also the future. However, this victory did not come easy, and in fact, was possible basically because of the character of Governor Adeleke, who chooses not his personal benefit, but the collective interest of the entirety of Osun people. This was the highlight of the Governor’s message that was conveyed by Mallam Rasheed.

“Our dedication not to do under the table deal with Thors Explorations has paid off. From the beginning, I said I don’t want gold bars for myself or my family, I want Osun shares as asset of the state and that the taxes be paid into her treasury,” Governor Adeleke noted. What Governor Adeleke clearly indicated, is unusual, and indeed, will leave many, especially those who are conversant with Nigerian politicians attitude to collective interest of the people, speechless.

But the thing with Governor Adeleke is that, he is different, and this truth about him continues to manifest in all his conducts since assuming office nearly two years ago. While some other interest holders settled for “cash and smelter during the acquisition by Thors”, Governor Adeleke chose the side of the people, fighting fiercely to ensure that Osun is not cheated of what actually belongs to it.

That was a resolve from Governor Adeleke and a moment, I tried to picture what the scenario would have been if someone other than him is seating in the state’s top seat at a time like this. Just imagine a Governor who prioritizes personal benefit was presented with an opportunity to look the other way and maneuver the system to fill his own pocket at the detriment of the people.

Your guess is as good as mine. Segilola Gold Project is a multi-billion investment and a 5% stake is a whole lot, and the benefit will extend beyond the administration of Governor Adeleke. This is why I could not understand what the main opposition, the All Progressives Congress (APC) in the state, was thinking when it chose the side of a firm that tries to deny Osun what belongs to it.

This can never be politics because what Governor was fighting for was not for himself but the Osun people. Infact, the question that must agitate minds would be that what could the outcome had been if Governor Adeleke was not the Governor. And, if the past should be the guide, the outcome is better not imagined because it will be unpleasant.

By all measures, Governor Adeleke has done well and history will be kind to him. This is not just because he retrieved Osun shares in Segilola Gold Project, but also demonstrating the immense benefits that comes with having the right leadership. Governor Adeleke did not just press for Osun to get its due financial entitlements from the firm, he was critical about pollution caused by mining activities, which undermines the environment.

“We will submit our environmental inspection report. We will show the world that even a billion dollar cannot achieve the remediation and rehabilitation of our damaged environment. It is actually worrisome that an internationally quoted mining company will neglect and attempt to evade the care for environment it violated,” Governor Adeleke noted.

For quite sometime now, there has been concerns on the environmental impact that the operation of Segilola Gold Project has on the people. In a 2022 report, Aljazeera provided an idea on how deep the problem is, quoting Anthony Adejuwon, head of Osogbo-based civic advocacy group Urban Alert as noting that “In Osun, the contamination is through water which flows through communities with over two million people.” The paper added that separate physiochemical test conducted by it and Urban Alert on water samples on the area revealed the presence of high levels of heavy materials.

By making the protection of the environment a core of his objective, Governor Adeleke is making sure that natural resources doesn’t turn to harm the people. That is the purpose of leadership and Governor Adeleke is showing not to only understand this, but also working towards that direction.

● Sarafa Ibrahim is a Special Assistant to the Osun State Governor on Print Media and writes from Osogbo, Osun State

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OSOGBO- 13/10/2024 – Osunstate.gov.ng

Several diaspora groups have described the mining reforms and other good governance initiatives of Governor Ademola Adeleke as “impressive” and “unprecedented” since the creation of Osun State.

The Governor who was on transit to Nigeria in the United Kingdom after attending a livestock conference in Northern France hosted several leaders and indegenes of Osun in London with many listing several sectors for which the Governor has placed the state on global map of good governance.

A group called Osun UK. Professionals led by Bimbo Adekemi expressed surprise at the fast pace at which the Governor is pursuing infrastructure upgrade across the state at a time of tight economic situation across Nigeria.

The group noted that pursuing infra upgrade is a smart way of jumpstarting the local economy and ease environment of doing business to attract investment into the state.

The group particularly commended the courage of Governor Adeleke for demanding Osun’s rights from mining companies operating in the state, citing ongoing faceoff with Thors Explorations Limited as “a courageous move by selfless leader.

“We note the demand notice on the Thors Explorations as a bold move by a state Governor. Where others pursue under the table deals, Governor Adeleke is seeking due payments into the coffer of Osun state. This is about the first time we will see a Governor not asking for gold bars from mining companies but is seeking validation of state shareholding, payment of PAYE as demanded by law and calling out mining firms on degradation of the environment.

“We salute the courage of Mr Governor in his drive to secure state economic assets. Please don’t give up in your multiple efforts to deliver good governance. Many of us here are encouraged to look back home for home bound investment”, Mrs Adekemi noted.

Another group, named Osun UK Royal Group led by Timileyin Oluyemi Ajayi from Ijesaland said Governor Adeleke has raised the hope of many Osun indigenes in Europe by his delivery of good programmes in digital economy, health, education, agriculture, climate change and infrastructure.

“Your Excellency, we praise your commitment to public service and your visionary approach to governance. We read all you are doing and our members visited home and also came back with reports of your touching so many areas , towns and villages. We are proud to call ourselves Osun indigenes.

“You have given Osun new tech policy, new energy policy, new procurement policy, new cocoa and cashew initiatives among others. You are doing so much in empowerment and cooperatives with billions being disbursed to grassroots businesses and artisans.

“You are paying billions of naira in pension and salary debts. Workers welfare is a priority areas you have delivered so excellently well. To imagine you have done so much under less than two years is an amazing testimony. We will head home to register to vote ahead of the 2026 governorship election, Prince Oluyemi posited on behalf of the group.

While receiving the various Osun indegenes in London, Governor Adeleke expressed delight at the positive feedback from the diaspora community, assuring that his administration is poised to do more in service of the people.

Describing his main goal as selfless service, Governor Adeleke repeated that leadership is about service and that he is running a race to uplift Osun and her people as quickly as possible.

“We are less than two years in office. We are running a good governance race. I seek to deliver a four year plan within less than alloted time. The reason is Osun demands urgent actions to fill in the massive developmental gap.

“We need you to join hands with us. Be agents of development by marketing Osun in the diaspora. Set up your business at home. Give back to the community. I promise to ramp up delivery of programmes and projects even as we near two years in office by November 27”, the Governor was quoted as saying.

Governor Adeleke has since returned to Nigeria.

Signed:
Mallam Olawale Rasheed,
Spokesperson to Governor Adeleke

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OSOGBO – 10/10/2024 – Osunstate.gov.ng

Governor Ademola Adeleke of Osun State has opened on its far reaching, ongoing agenda to introduce and implement multi sectoral green economy and climate initiatives as tolls of state development.

The State’s consultant on climate change and renewable energy, Prof Chinwe Obuaku who represented Governor Ademola Adeleke made the disclosure at a twin events in Lagos namely the 11th German-Nigerian Business Forum and the West African Clean Energy & Environment Trade Fair and Conference (WACEE) under the theme “Sustainability Showcase: Stimulating Green Economy Investments.”

Advancing Osun as a prime destination for green economy investments, the Governor’s representative presented the state’s strategic vision for sustainable growth and emphasized the state’s readiness to embrace clean energy initiatives and drive environmentally responsible development.

While listing the enormous potential that Osun holds in sectors such as renewable energy, waste management, and eco-friendly infrastructure, the consultant expressed the state’s interests in investment opportunities in renewable energy, with a focus on cutting-edge solutions like energy efficiency, mini grids, and green hydrogen which are crucial components of Nigeria’s transition to a low-carbon economy.

She further offered valuable insights into how the public and private sectors can collaborate to harness these technologies for broader economic growth even as she highlighted how Osun State is positioning itself as a leader in clean energy by actively seeking partnerships and investments that focus on renewable energy integration, particularly in off-grid solutions and mini grids.

At the circular economy roundtable, Prof Obuaku who identified challenges facing circular economy challenges in Nigeria cited Osun State’s ongoing efforts, where attention is focussed on creation of a conducive environment for circular economy businesses.

“In Osun, we’ve developed policies that provide financial incentives, such as tax breaks and grants, to encourage businesses to adopt sustainable practices. We’ve also been working on establishing public-private partnerships that leverage private sector innovation and government resources to scale circular economy initiatives.

“One such example is our commitment to improving waste-to-energy projects, which convert agricultural and household waste into sustainable energy sources, reducing environmental degradation while creating economic value”, the consultant told the audience.

“Osun State remains committed to sustainability, and the steps we are taking serve as a model that other states can replicate. By focusing on renewable energy investments, waste management innovations, and strong public-private partnerships, Osun is leading the charge in creating a green economy that benefits both the environment and the local population.

“We are working tirelessly to ensure that the policies and practices we implement today will lead to long-term economic growth and environmental preservation, both in Osun and across Nigeria”, the representative of the Governor posited.

Other highlights of the event include the meeting with representatives of the Nigerian-German Chamber of Commerce with a membership offer that would open doors for Osun-based businesses to access a network of German and international companies, facilitating potential investments and partnerships in key sectors like renewable energy, manufacturing, and sustainable agriculture.

Signed
Mallam Olawale Rasheed,
Spokesperson to the State Governor

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16/05/2024- osunstate.gov.ng

The Chancellor of Osun State University and Executive Vice Chairman of FAMFA Oil Limited , Apostle Dr. (Mrs) Folorunso Alakija has described Governor Ademola Adeleke as “an action Governor who is delivering good governance to the good people of Osun state”

Speaking while hosting the Governor at the Ikoyi headquarters of Famfa Oil Limited, Apostle Dr. Alakija said she has been following activities of Senator Adeleke since assuming office, commending the Governor for setting a good leadership example.

According to the billionaire businesswoman who was flanked by two directors, Ladi and Folarin Alakija, Osun Governor is demonstrating strong passion for public service and pursuing a big agenda for the state.

She prayed to God Almighty to strengthen the Governor for a second term in office, adding that four years is not enough for an action Governor like Governor Adeleke to deliver fully on his ambitious agenda for the state.

Reviewing her tenure as the Chancellor of the Osun State University, the FAMFA boss recalled the conception and stages of completion of the UNIOSUN Medical Research and Training Hospital which she wholly donated and financed.

She noted that the project which is 95 percent completed is designed to serve the health needs of patients from far and near and elevate service to humanity to a higher level.

Earlier, Governor Adeleke who was accompanied by the Vice Chancellor of the Osun State University, Professor Odunayo Clement Adebooye and other state officials, said he was on a thank you visit to the business mogul to appreciate her huge contributions to the growth and development of the state university.

The Governor expressed appreciation for the massive multi-billion naira Medical Research and Training hospital that Apostle Dr Alakija is building at the State university, describing FAMFA Boss as “a commendable role model in the field of philanthropy.

“ We are here as a government to appreciate you. You are uncommon and rare in your love for service to humanity”, Governor Adeleke who extensively briefed Apostle Dr Alakija on his scorecard, noted.

Signed:
Mallam Olawale Rasheed,
Spokesperson to the State Governor.

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OSOGBO- 09/05/2024- osunstate.gov.ng

Governor Ademola Adeleke of Osun State has empathized with job seekers in the state, listing several measures his administration is pursuing to address the challenge.

The State Governor who was represented by the Head of Service, Elder Ayanleye Aina made the remarks at the Careers and Employment Opportunity Fair organised by the Ministry of Political Affairs and Intergovernmental Relations in collaboration with Federal Agencies domiciled in Osun State.

Associating with the mass of job seekers in Osun State, Governor Adeleke said the job fair is one of the many initiatives of his administration to open up the job market, create enabling environment and ensure the engagement of thousands of our unemployed youth.

While commending huge Federal presence in Osun State, Governor Adeleke noted wide opportunities existing for job seekers through appropriate liason with such agencies and their partners.

The Governor however said his government is doing more to address the unemployment crisis.

The Governor speaks further: “As a Government we are determined to address the unemployment question through multiple approach. The Job fair Is only a starting point to exploit opportunities across federal establishments domiciled In the state. Job fairs are potent platforms but our government is doing more than that.

“Part of our employment agenda is to deepen the state economy by encouraging agro-industrial activities among the young and the old. Diversifying the economic base of the state possesses the potential to meaningfully engage our youth.

“Additionally, we are pursuing the localisation agenda in our project implementation. This policy is building the capacity of local contractors and local business to employ more Indigenes in the construction industry.

“Localisation not only strengthen local economy, it imparts technical skill in the local population which increases the employability of our population.

“Our administration is also reviving the technical vocational technical colleges across the State. The focus is to expose our youth population to technical skills to enable them offer services for self-employment.

“The public is also aware of our cooperative loan scheme which is targeting local SMEs. About Four Billion Naira is billed to be disbursed. A strong SMEs increases the capacity of small business to employ more job seekers.

“More importantly, our government is working on a programme of match making between young entrepreneurs and financial institutions. Details of this will be unveil in the upcoming series named ” Engagement With Osun Young Professionals”. The Policy Integration Unit in my office Is working on this particular plan”, the Governor noted in his speech

Governor Adeleke however encouraged young ones and generality of job seekers to improve their skills, both for self employment and employability adding that “we must move beyond our paper qualifications to skill acquisition.”

Earlier in his address , the Commissioner for Political Affairs and Intergovernmental Relations pledged to follow up on the job fair to tap into available opportunities for Osun youth.

Signed:
Mallam Olawale Rasheed,
Spokesperson to the State Governor.

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●Our Infra Agenda is a Game Changer-Governor Adeleke

OSOGBO-07/05/2024- osunstate.gov.ng

His Royal Majesty, the Ooni of Ife, Oba Enitan Ogunwusi has showered praises on Governor Ademola Adeleke over his administration’s holistic infrastructure agenda for the state, affirming that the Lagere flyover bridge flagged off today will deepen Osun East economy.

Receiving the State Governor, his team and leaders of Ifeland at his Palace and addressing the public at the Lagere Junction, the global monarch analyzed the economic significance of Lagere Junction linking all major economic arteries of Osun State from Gbongan-Ikire axis in Osun West to Garage Olode on the route to Ondo and the direct economic linkage to Ijeshaland.

His Royal Majesty, a toprank businessman before his ascension to the throne of Oduduwa, described the Lagere flyover bridge as the coming of an economic hub which will expand the economic prosperity of not just Ifeland but Osun East and Osun state as a whole.

“I must commend the foresight and thoughtfulness of Mr. Governor. Your agenda to expand state infrastructure is impressive and unrivaled. This Lagere flyover bridge and its location touch at the economic heart of our people. We deeply appreciate your vision of uplifting and transforming Ifeland , the cradle of Yoruba nation.

“ We are convinced that you will complete it in record time. We are also assured that you will put to practice your avowed commitment to local content and stomach infrastructure. When you finish the Lagere project, we know you will commence another one at Mayfair. At least, Ifeland is the origin of all Yoruba people ”, the Royal Majesty who spoke in Yoruba language noted.

Flagging off the project at a ceremony attended by top leaders of the state including the Deputy Governor, Prince Kola Adewusi; the House Speaker , Adewale Egbedun; the Deputy Speaker, Hon,Ireyode Abidemi Oyewusi ; the State Chairman of the ruling party, Hon Sunday Bisi; the Head of Service, Ayanleye Aina; and Chairman of Imole Leadership team, Prof Wale Oladipo, Governor Adeleke said his infra agenda is primed to change the economic fortunes of the state for the better.

The State Governor said he adopted a big view approach to the huge infra deficit he inherited from his predecessor, noting that his team understands the deep level of infra deficit which covers roads, health, water and schools.

Explaining his administration’s efforts to bridge the infra gap, the Governor recalled the flag off of road dualisation last week at Ilesa, adding “we are here to bring to reality the construction of a flyover bridge, this iconic bridge, the first of its kind in this land of the source.

“The project location was justified on the ground of easing traffic, facilitating connectivity and attracting adjacent economic activities. Ile Ife deserves not only an infra upgrade but a classical upliftment to enhance the tourism capital of this divine town. This is what our government is launching today. We are on a match to greater height for Ile Ife and Osun State as a whole.

“I want to use this platform to assure elders, sons and daughters of Ile Ife that our government is committed to solving the many developmental issues facing this city. We are applying phased project implementation strategies due to the huge infra deficit with attendant low funding capacity. We however assure all and sundry that our strategy will eventually fulfill the yearnings and aspirations of all our people.

“Our good people of Ile Ife and Osun as a whole, we are here for two in one event. We are flagging off the flyover bridge at Lagere Junction as well as the commencement of 55 kilometers of roads across the 30 local governments and the area office.

“After compliance with the due process and procurement laws, the flyover bridge is awarded to Messrs Sammya Nigeria limited at a total project cost of Fourteen Billion, Nine Hundred and Thirty Eight Million, Seven Hundred and Seventy One (N14,938,924,771.45). The completion period is Twelve Months.

“Additionally, I flag off the construction of Local Government Roads totalling 55.86km at the cost of N30,677,814,099.42. This is also to have a completion period of twelve months”, the Governor stressed.

Earlier, Prof Oladipo had expressed appreciation to Governor Adeleke for his wonderful performance in office and affirming that the Governor had made all members of the Imole team proud by proving himself worthy of the office of a Governor.

“ On this occasion, we thank the Governor as the Prince of Ife and as the Chairman of the Imole Leadership team. You make us proud and we are proud of you. Today, Ile Ife and Osun State will not forget your legacy decisions and actions.”, Prof Oladipo noted.

Signed:
Mallam Olawale Rasheed,
Spokesperson to the State Governor.

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OSOGBO- 16/04/2024- osunstate.gov.ng

Governor Ademola Adeleke has approved the appointment of Dr Wale Bolorunduro as chairman of Living Trust Mortgage Bank Plc.

The letter of appointment, dated 8th April 2024 and signed by the Secretary to the State Government, Hon Teslim Igbalaye reads as follows:

“I present to you the very warm compliments of the government and people of Osun State. I am pleased to inform you that the executive governor of Osun State, His Excellency, Senator Dr. Ademola Jackson Nurudeen Adeleke has graciously approved your appointment as a director and chairman designate on the board of Living Trust Mortgage Bank Plc.

“It is believed that you will employ your wealth of experience as an experienced banker and finance consultant to steer the bank in its next growth stage.

“The current economic climate of the country and recent development in the banking sector would pose challenges to banks, hence the state government’s decision to be proactive in ensuring someone with your wealth of banking and finance experience leads the bank. Wishing you well in your onerous assignment”, the letter reads.

In a separate letter addressed to the bank’s Company Secretary, the appointment was to take effect from Friday, 19th April 2024.

Dr. Wale Bolorunduro is a banking and finance consultant with over 35 years industry experience in the Financial Service Sector.

He obtained a PhD from the University of British Columbia. He served as commissioner for finance in the state and later as the bank’s chairman, until 2016. He led the team to raise the capital that saved the mortgage bank from losing its license.

Living Trust Mortgage Bank is owned by Osun State Government, Corporate and private individuals. The bank is quoted on the NgX with its shares trading at N3.27 on the last trading day.

Signed:
Mallam Olawale Rasheed,
Spokesperson to the State Governor.

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OSOGBO- 29/12/2024 – Osunstate.gov.ng

Governor Ademola Adeleke has signed the budget 2024 bill into law with a promise to ensure full implementation for the benefit of the state and her people.

The total approved budget is Two Hundred and Seventy Three Billion, Nine Hundred and Eight Million, Nine Hundred and Ninety Seven Thousand Naira and Four Hundred and Ten Kobo (273,908,997,410)

In a short statement after signing the appropriation bill into law, Governor Adeleke said the budget tagged “Budget of Reconstruction and Recovery” is crafted to fast track the revitalisation of the various sectors of the state economy.

“Our focus is to put the state on the path of sustainable development, hence we are rebuilding all the sectors namely education, health, sports, roads, agriculture, creative industry, digital economy ,general infrastructure alongside women and youth focussed programmes and policies.

“I commend the State Assembly for prompt processing of the appropriation bill. I also laud my team for their cooperation with the various assembly committees in the budgetary process.

“We will ensure implementation as stipulated to reconstruct the society and ensure recovery of critical sectors”, the Governor noted while signing the bill into law.

Signed
Mallam Olawale Rasheed,
Spokesperson to the State Governor

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