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Osun begins Interview for shortlisted Teachers across the State | 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 | OSUN WORKERS IN MASS APPRECIATION RALLY FOR GOVERNOR ADELEKE. | GOVERNOR ADELEKE FLAGS OFF ENROLLMENT OF INMATES INTO OSUN HEALTH INSURANCE SCHEME. | Birthday Celebration: Governor Adeleke Praises Wife, Erelu Ngozi Adeleke. | Osun @34: Governor Adeleke Cautions Against Playing Politics with Peoples’ Welfare. | Arrest of Terrorists: Governor Adeleke Commends Tinubu, Ribadu, Security Agencies | Governor Adeleke Mourns Elder Kolapo Lawal, Condoles With Family and Osun PDP | Governor Adeleke Celebrates Wazeer Mumineen of Yorubaland, Sheikh Adekilekun on his 80th Birthday | Osun LG Fund: Governor Adeleke Commends Council of Obas, NBA, Others | Continuous Voters Registration: Governor Adeleke Appeals for Mass Participation. | Leaders, Business Directors and Selected Osun Indigenes in Atlanta, Declares Osun Ready for Partnership. | Osun State Government Launches Investment Portal to Boost Direct Investment in the state | Governor Adeleke Reaffirms ‘No Security Vote Policy’, Sustains Security Services Through Budgetary Process
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/
 

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