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Osun hands over Erin-Ijesha falls to investors, To Spend N3.4billion ($17m) - Politics - Nairaland

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Osun hands over Erin-Ijesha falls to investors, To Spend N3.4billion ($17m) by AshiwajuFoward: 10:43pm On Jul 11, 2015

The Osun State Government has taken the bull by the horn to develop the tourism sector through the endorsement of a Memorandum of Understanding with a private investor ‎to take charge of the Olumirin Waterfalls, in Erin-Ijesha.

Radio Nigeria Correspondent who witnessed the ceremony, said the project, which is expected to be completed within 16 months, will cost a sum of seventeen ‎million dollars.

Olumirin Waterfalls in Erin-Ijesha, Osun State is one of the tourist sites in the country, with its is natural endowment capable of attracting tourists from around the world.

Perhaps, its natural beauty and tendency to improve the economy of the state was the reason the state government decided to hand over the site to a private investor for remodelling and management with a view to generating income for the state and equally boosting its economic status.

The journey to find an investor which started about three years ago was ‎consummated on Friday 3rd of June with the signing of the Memorandum of Understanding among the leaders of the Erin - Ijesha community, the investors and the state government.

Speaking on the development, the General Manager Osun Tourism Board, Mr Abiodun Balogun described the development as a milestone in the history of tourism development in the state

Mr Balogun, who maintained that the site was not sold, assured the people of the area that the government would ensure that the investors comply with every element contained in the agreement signed.

One of the leaders of the community, Senator Mojisoluwa Akinfenwa said efforts had been made in the past to get government involved in the development of the site and commended the state Governor for its foresight.

The Director of operations of the investing company, Mr Ladi Wilkey, stated that the cost of the project is estimated at about 17 million dollars, and is expected to be completed within 16months.

Mr Wilkey disclosed that the project would not only contribute to the economy of the state, but would also promote the cultural heritage of the town.

Expressing his delight on the development,Immediate Past Chairman, Osun State Tourism Board, Engineer Abimbola Daniyan the Immediate Past Chairman of the Osun State Tourism Board who designed the blueprint, Engineer Abimbola Daniyan said it was a dream comes true.

He was however optimistic that the investor will move to the site for speedy execution of the project.

http://www.radionigeriaibadan.com/news/1350-investor-takes-over-olumirin-waterfall-to-spend-17-million-dollars

1 Like

Re: Osun hands over Erin-Ijesha falls to investors, To Spend N3.4billion ($17m) by Precious91(m): 10:49pm On Jul 11, 2015
ts better
Re: Osun hands over Erin-Ijesha falls to investors, To Spend N3.4billion ($17m) by hamzakito(m): 10:57pm On Jul 11, 2015
oboy c tourist o.... na revenue generator b dat

1 Like

Re: Osun hands over Erin-Ijesha falls to investors, To Spend N3.4billion ($17m) by Tolexander: 10:59pm On Jul 11, 2015
Good work and applause to the State Government if the news is indeed real!

I will like the development to be better than that of Ikogosi Spring Water

1 Like

Re: Osun hands over Erin-Ijesha falls to investors, To Spend N3.4billion ($17m) by ifyan(m): 11:00pm On Jul 11, 2015
Good for the state
Re: Osun hands over Erin-Ijesha falls to investors, To Spend N3.4billion ($17m) by enkay2go(f): 11:00pm On Jul 11, 2015
I remember Erin ijesha during nysc. Its a nice move dey made.

3 Likes

Re: Osun hands over Erin-Ijesha falls to investors, To Spend N3.4billion ($17m) by AshiwajuFoward: 11:02pm On Jul 11, 2015
Tolexander:
Good work and applause to the State Governor if the news is indeed real!

It's real bro. Saw the news report on Galaxy TV 10 o'clock news earlier tonight.
Re: Osun hands over Erin-Ijesha falls to investors, To Spend N3.4billion ($17m) by Tolexander: 11:06pm On Jul 11, 2015
AshiwajuFoward:


It's real bro. Saw the news report on Galaxy TV 10 o'clock news earlier tonight.
good then!

Make dem no terminate or put the contract on hold o!
Re: Osun hands over Erin-Ijesha falls to investors, To Spend N3.4billion ($17m) by AshiwajuFoward: 11:07pm On Jul 11, 2015
Front page pls. Cc: lalasticala, Ishilove
Re: Osun hands over Erin-Ijesha falls to investors, To Spend N3.4billion ($17m) by khalleb(m): 11:19pm On Jul 11, 2015
Dats good
Re: Osun hands over Erin-Ijesha falls to investors, To Spend N3.4billion ($17m) by mkoabiola: 11:26pm On Jul 11, 2015
Does it mean we will av to pay more when d investors take over cos I rember I paid less dan N200 to catch fun@d water fall.
Re: Osun hands over Erin-Ijesha falls to investors, To Spend N3.4billion ($17m) by PaulJohn1: 11:39pm On Jul 11, 2015
mkoabiola:
Does it mean we will av to pay more when d investors take over cos I rember I paid less dan N200 to catch fun@d water fall.

And don't you think #200 entrance fee is unreasonable for such tourist attraction. It ain't for charity mehn angry

When the freedom park in Lagos Island that has nothing attractive aside some sculptures, trees and some unkept ponds charges its visitors #200, then you expect a privately managed Erin Ijesha fall to be accessed with same #200. That's less than a dollar. angry
Left for me, nothing less than #2K for adults and #1K for kids should be charged after the renovation. angry angry

Better still, adults should pay #400 for each fall they visit and kids #200. Erin-Ijesha got 7 falls.

1 Like

Re: Osun hands over Erin-Ijesha falls to investors, To Spend N3.4billion ($17m) by mkoabiola: 12:30am On Jul 12, 2015
PaulJohn1:


And don't you think #200 entrance fee is unreasonable for such tourist attraction. It ain't for charity mehn angry

When the freedom park in Lagos Island that has nothing attractive aside some sculptures, trees and some unkept ponds charges its visitors #200, then you expect a privately managed Erin Ijesha fall to be accessed with same #200. That's less than a dollar. angry
Left for me, nothing less than #2K for adults and #1K for kids should be charged after the renovation. angry angry

Better still, adults should pay #400 for each fall they visit and kids #200. Erin-Ijesha got 7 falls.

Av u forgotten ds is state of Osun and not lagos where commercial activities thrive and where dere is cash.
If it is 2K den few indigenes will patronise d water falls.
Osun is NT even Ibadan nt to talk of Lagos,am frm osun state and I knw d income level over dere .
If d entrance fee is peg@2K den it d ppu of osun will b deprived of tourist attraction.
Re: Osun hands over Erin-Ijesha falls to investors, To Spend N3.4billion ($17m) by AustineE1: 3:25am On Jul 12, 2015
How come the 'state of Osun' as formerly named by Aregbe in GEJs tenure has suddenly reverted back to being called Osun state in this present dispensation.....talk about misplaced priorities!

1 Like

Re: Osun hands over Erin-Ijesha falls to investors, To Spend N3.4billion ($17m) by AshiwajuFoward: 8:35am On Jul 12, 2015
Cc: lalasticala, Ishilove
Re: Osun hands over Erin-Ijesha falls to investors, To Spend N3.4billion ($17m) by Nobody: 10:08am On Jul 12, 2015
AustineE1:
How come the 'state of Osun' as formerly named by Aregbe in GEJs tenure has suddenly reverted back to being called Osun state in this present dispensation.....talk about misplaced priorities!

Re: Osun hands over Erin-Ijesha falls to investors, To Spend N3.4billion ($17m) by AshiwajuFoward: 12:21pm On Jul 12, 2015
[quote author=BuddahMonk post=35768505][/quote]

Boy, you are one ugly mo'fvcka!

Re: Osun hands over Erin-Ijesha falls to investors, To Spend N3.4billion ($17m) by lwise(m): 12:46pm On Jul 12, 2015
It will be the best tourist center in Africa if the investor is serious about the business. I've been there before,such a great sight to behold.

1 Like

Re: Osun hands over Erin-Ijesha falls to investors, To Spend N3.4billion ($17m) by AshiwajuFoward: 1:08pm On Jul 12, 2015
lwise:
It will be the best tourist center in Africa if the investor is serious about the business. I've been there before,such a great sight to behold.

You can say that again bro. Considering the amount of mad traffic the site currently attracts, upgrading it to first-world/world-class standard would definitely generate up to double the investor's capital annually.
Re: Osun hands over Erin-Ijesha falls to investors, To Spend N3.4billion ($17m) by AshiwajuFoward: 1:32pm On Jul 12, 2015
mkoabiola:

Av u forgotten ds is state of Osun and not lagos where commercial activities thrive and where dere is cash.
If it is 2K den few indigenes will patronise d water falls.
Osun is NT even Ibadan nt to talk of Lagos,am frm osun state and I knw d income level over dere .
If d entrance fee is peg@2K den it d ppu of osun will b deprived of tourist attraction.

Well, I see your point but I think you have to look at the bigger picture and implication/effect of its expansion and consequent fee hikes on the economic development of the town. If the upgrade is properly executed, it could translate into thousands of jobs and development for the town. Imagine that the investors aggressively market the site to not just Nigeria but the world (the way South Africans and Kenyans market their tourist attractions via DSTV, CNN, and other media outlets), we are talking about an explosion of tourist activity in that town that would translate into millions of dollars annually.

Even if just 1-million SW residents (out of its estimated 40-million residents) alone visit the place yearly and pay an average of N1000 entrance fee, that'll be N1billion naira revenue (that's over N80m monthly from gate fee alone), that doesn't include direct added revenue generated from lodging, entertainment, refreshments, e.t.c., from visitors/tourists. The trickle-down effect on the town and the state just cannot be overemphasized.
Re: Osun hands over Erin-Ijesha falls to investors, To Spend N3.4billion ($17m) by zimoni(f): 2:03pm On Jul 12, 2015
Good news from my state.

Thumbs up to the goat called AregbeRascal. He got this one right.

Osun A Dara.
Re: Osun hands over Erin-Ijesha falls to investors, To Spend N3.4billion ($17m) by mkoabiola: 2:08pm On Jul 12, 2015
AshiwajuFoward:


Well, I see your point but I think you have to look at the bigger picture and implication/effect of its expansion and consequent fee hikes on the economic development of the town. If the upgrade is properly executed, it could translate into thousands of jobs and development for the town. Imagine that the investors aggressively market the site to not just Nigeria but the world (the way South Africans and Kenyans market their tourist attractions via DSTV, CNN, and other media outlets), we are talking about an explosion of tourist activity in that town that would translate into millions of dollars annually.

Even if just 1-million SW residents (out of its estimated 40-million residents) alone visit the place yearly and pay an average of N1000 entrance fee, that'll be N1billion naira revenue (that's over N80m monthly from gate fee alone), that doesn't include direct added revenue generated from lodging, entertainment, refreshments, e.t.c., from visitors/tourists. The trickle-down effect on the town and the state just cannot be overemphasized.
But d host state/community(osun n ijesha precisely) should b considered in tourist attraction,wen u talk abt swest am sure u talking abt Lagos only,
Fine,it wil provide employment opportunities for d ppu bt wat abt d centre of attraction(erin ijesha)
Ask a resident/indigene frm osun,he wil tell u he can nva pay N20004entrance fee even d students who are mainly d tourist (on excursion)dey prefer d N200 token dey pay.
Even ikogosi water fall doesn't charg high
It a good omen for d state as regards employmnt bt wat abt d tourist.
Re: Osun hands over Erin-Ijesha falls to investors, To Spend N3.4billion ($17m) by AshiwajuFoward: 2:15pm On Jul 12, 2015
mkoabiola:

But d host state/community(osun n ijesha precisely) should b considered in tourist attraction,wen u talk abt swest am sure u talking abt Lagos only,
Fine,it wil provide employment opportunities for d ppu bt wat abt d centre of attraction(erin ijesha)
Ask a resident/indigene frm osun,he wil tell u he can nva pay N20004entrance fee even d students who are mainly d tourist (on excursion)dey prefer d N200 token dey pay.
Even ikogosi water fall doesn't charg high
It a good omen for d state as regards employmnt bt wat abt d tourist.

I see your point. Perhaps they can work out a flat discounted fee for indigenes, like N500. I think that should be affordable.

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