Governor Rauf Aregbesola’s administration has for the umpteenth time been commended for his unprecedented track record in youth employment and empowerment in the annals of the State of Osun.
The commendation came from the State Coordinator, Osun Youth Employment and Social Support Operation (YESSO), Mr. Olufemi Ifaturoti while delivering his remarks at the orientation of 1278 beneficiaries of the Public Work-Fare (PWF) component of Osun YESSO held recently in Osogbo, the state capital.
Mr. Ifaturoti who was represented by the Communication Officer, State Operation Coordinating Unit, Osun YESSO, Mr. Oluwamayowa Fagbohungbe maintained that, YESSO is an offshoot of the highly successful Osun Youth Empowerment Scheme (OYES) Initiative of Ogbeni Rauf Aregbesola’s administration which he said had received several accolades, laurels and awards.
The State Coordinator, who equally enjoined the beneficiaries to count themselves lucky to have been part of the laudable programme, admonished them to make the best use of the golden opportunity.
The Commissioner for Empowerment and Youth Engagement, Mrs. Mofolake Adegboyega equally harped on the need for the beneficiaries to allow the globally lauded programme to be a success by giving it 100% commitment.
Mrs. Adegboyega who was represented by Mrs. Omobola Odediji maintained that to whom much is given much is expected, adding that they should endeavour to constantly give the programme their best with a view to coming out very strong at the end of it.
In his address at the event, the Head, Project Implementation Unit (PIU)- PWF, Osun YESSO, Mr. Olugbenga Odulaja congratulated the beneficiaries for being part of the programme, enjoining them not to leave any stone unturned at ensuring that the objective of the support operation is constantly upheld by embracing diligence, responsibility and commitment which are pivotal to the success of the initiative.
Each of the beneficiaries who will be earning the sum of Seven Thousand Five Hundred Naira (N7,500) at the end of every month will be deployed to identified sub-projects across their communities which include cutting of grass verges on roads and footpaths in the communities, proper waste disposal and filling of potholes. They will equally enjoy skill acquisition training once a week for them to be self reliant at the end of the programme.
The objective of the public workfare program is to provide immediate labor-intensive work opportunities for unskilled youths from poor households.
According to a report released by the Financial Derivatives Company tagged ‘How the States Performed in 2017’, Osun has 19.0 per cent underemployment and unemployment, and 16.37 per cent inflation rate to come second to Taraba which has 13.4 and 16.18 per cent respectively.

In the measured “Misery Index” of the report obtained recently, Osun came second best with 35.36 per cent against 36.94 and 48.33 per cent of Ogun and Lagos state respectively.
Osun was also reported as the 5th state with lowest accruable revenue from Federation Account Allocation Committee (FAAC).
Despite the position of the state in the FAAC, Osun is not part of the states with highest salary arrears, as shown in the ‘Delinquent States’ section of ‘How States Performed’ in the report.
Summarily, Osun was ranked the second less miserable and poverty-ridden state in 2017.
It would be recalled that the Managing Director of the FDC, Bismark Rewane had few months ago presented the report to the public.
Rewane said in one of the top three economic analysts in Nigeria, Osun had the lowest net FAAC allocation but was not delinquent in the payment of salary arrears.
Commenting on the report, the Commissioner for Information and Strategy, Mr Adelani Baderinwa attributed the positive ranking of the state to Governor Rauf Aregbesola’s ingenuity in addressing the financial crisis of the state.
Baderinwa said the report was a sincere, professional and realistic assessment of economic activities and development in the state in terms of income and expenditure and how it positively affects the people in general.
According to Baderinwa, Osun could not have been rated less going by the prudence and judicious management of the little resources accruable to the state by Aregbesola, who has demonstrated to be a good and focused manager of resources.
Baderinwa maintained that the projects, programmes and policies being executed by Aregbesola have no doubt developed the economy of the state, improve the wellbeing of the people and guarantee security of life and properties.
He said: “The FDC report is a welcome development; it actually reflects the social and economic development in the state. This type of report is coming for the fourth time in six months from veritable and independent sources – the first from the United Nations (UN) Multi-Dimensional Poverty Index 2016, second from the National Bureau of Statistics, the Renaissance Capital, a leading emerging markets investment bank in Africa and now the FDC Misery Index 2017.
“We make bold to say that all the three reports, the last of which is that of the FDC, confirmed Aregbesola’s ingenuity, vision and ceaseless efforts in transforming the State of Osun to an Eldorado, socially, economically and in terms of infrastructure.
“Programmes like Osun Youth Empowerment Scheme (OYES) which provides regular resources for 40,000 youths, Osun Free School Feeding progamme named ‘O MEAL’ which employs over 3334 women who prepare meals for the school children, Osun Rural Enterprise and Agricultural Program (ORAEP), designed to empower the farmers have contributed immensely to the development of the state.”
Baderinwa said Osun economy will in no time receive boost when the $30.5million contract won by the Osun RLG/Adulawo Technology Company for the supply of Terrestrial Broadcast Set Top Boxes flows into the market.