Breaking News

Osun begins Interview for shortlisted Teachers across the State | GOVERNOR ADELEKE CONDOLES ORANGUN OF ILA OVER THE PASSING OF OLOORI ABOSEDE OYEDOTUN EESAYA | Governor Adeleke Surpasses APC’s 12 Years Records under Three Years – Osun Student Leaders | Governor Adeleke Reviews State Policies at Exco Meeting, Issues Further Directives to MDAs. | Osun Appoints Director-General and Special Envoy on Climate Change and Renewable Energy | Governor Adeleke Expands Start-Up Grants to 2000 Youth/Women, Flaunts Achievements in Cooperative Financing. | GOVERNOR ADELEKE FELICITATES WITH ODUA INVESTMENT GROUP CHIEF, OTUNBA LAI ORIOWO ON HIS BIRTHDAY. | Students’ Requests: Governor Adeleke Says Phase 1 of Ada-Ire Road is Completed as Phase 2 will Soon Commence. | Osun State Government Launches Imole Wi-Fi: Public Internet Service Introduced. | Governor Adeleke Congratulates Dr. Akindele on His Birthday Anniversary, Eulogized His Commitment to Duty. | GOVERNOR ADELEKE CELEBRATES DR BOLORUNDURO ON HIS BIRTHDAY. | Gov Adeleke Resolves Feud Within Ife PDP as Stakeholders Reunite Ahead of 2026 | GOVERNOR ADELEKE MOURNS THE PASSING OF OLOFA OF OFATEDO | Governor Adeleke Bags New Honours, Decorated as Patron of FRSC Special Marshals, Pioneer Patron of Forensic Guards Nigeria. | Maulud Nabiyy: Renew your commitments to a prosperous Osun, Governor Adeleke tasks Muslims. | Gov. Adeleke: Osun Is President’s Home, Must Not Be Turned Into Battleground. | GOVERNOR ADELEKE GREETS ZAMFARA GOVERNOR, DAUDA LAWAL, AT 60. | GOVERNOR ADELEKE SALUTES VICE PRESIDENT SHETTIMA AT 59. | Olubadan Designate Endorses Governor Ademola Adeleke for Second Term | Osun State Government Affirms Confidence in Deputy Governor and Prof Wale Oladipo | Governor Adeleke has approved Iwo-Osogbo Road Since January, 2025 — Spokesperson
Commission Project Now  +  Spread payment of multiple months

Commission Project Now + Spread payment over multiple months

To realize its ambitious infrastructure projects, the state is partnering the financial sector as well as reputable infrastructure developers to  evolve an innovative and cost-efficient mechanism of funding the projects.

This innovative mechanism, popularly tagged, Osun Financial Re-engineering has allowed the state to concurrently execute multiple strategic projects, a development that is unprecedented in the state’s history.

Financial re-engineering has allowed the state, to literarily, Build Now and Pay over time. For a number of the projects being implemented, the mechanism allows the State to leverage on its revenues projections in the mid term to spread payments for infrastructure payment over periods of 24-36 months.

This mechanism delivers the benefits of

  • Optimum Revenue leverage, as the State can execute projects in the present, but pay based on it projected revenue over a three-year period.
  • Early Return on Investments, as most projects will be delivered and start to render services, before repayment is completed.
  • Inflation Proof Cost, as the cost of commissioning and executing projects in the present, would be devoid of inflation costs of executing same project in the future.

The financial re-engineering mechanism being pioneered by the state of Osun is a novel means for Infrastructure Financing within the Nigerian public sector. This has won the state commendations from the finance industry,  like that of the Nigerian Infrastructure Bank PLC.

See more http://www.punchng.com/business/industry/infrastructure-bank-osun-complete-negotiation-on-n17-8bn-road/
 

Leave a Reply

Your email address will not be published. Required fields are marked *