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Osun Secures $65m Islamic Bank Loan - Politics - Nairaland

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Osun Secures $65m Islamic Bank Loan by londonrivals: 9:07pm On Mar 22, 2017
Governor Rauf Aregbesola of Osun has said the state government has secured a $65 million loan from Islamic Development Bank (IDB) to be used to improve water supply in the state.

The money would be used for the construction of water treatment plant, 17km transmission line from Kajola to Ilesa, booster pumping station and three water reservoirs on the hill.

“The state will provide counterpart fund of about 40 million dollars for the construction of water distribution system and sanitation,” he said.

At the celebration of the World Water Day in Osogbo on Wednesday, the governor said the water project was in line with the six-point Integral Action Programme.

World Water Day is celebrated annually on March 22 and focuses attention on the importance of universal access to clean water, sanitation and hygiene facilities in developing countries.

The day also focuses on advocating for sustainable management of freshwater resources.

The first International World Water Day, designated by the UN, was commemorated in 1993.

Aregbesola was represented at the ceremony by the state’s Senior Consultant on Water Resources, Mrs Tawakalitu Williams.

He said the government had concluded plans to boost agriculture through irrigation.

He added that “healthy living cannot be achieved without adequate access to potable water supply.

“It is due to this recognition that my administration embarked on rehabilitation of water and sanitation facilities in urban, small towns and rural areas of the state.

“This year’s theme of the World Water Day — “Why Waste water” is also in line with the mandate of the six-point Integral Action Plan of my administration to improve agricultural production to ensure food security in the state.”

The team leader of the European Union, Mr Adebayo Alao, appreciated the governor’s support and appealed to him to expedite action on implementation of the State Water Sector Law that was assented to in October 2015.

The guest lecturer at the programme, Prof. M. K. Shridah, stressed the need for the use of good and clean water for healthy living.

He also commended the governor for efforts toward providing potable water to the people of the state.

Shridah, a lecturer with College of Medicine, University of Ibadan, said many diseases emanate from water and urged people to ensure that they use clean water. (NAN)

http://www.metronaija.com/2017/03/osun-secures-65m-islamic-bank-loan.html

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Re: Osun Secures $65m Islamic Bank Loan by chiefolododo(m): 9:16pm On Mar 22, 2017
This bastard keep borrowing money with nothing to show for it and nobody is curbing him? All these white elephant projects. You want to use $65m loan for just water project?

6 Likes

Re: Osun Secures $65m Islamic Bank Loan by GreyLaw(m): 9:50pm On Mar 22, 2017
$65m to improve water supply in Osun state alone?

I wonder what else financial recklessnes is! This money will be embezzled and squandered without a trace!

3 Likes 1 Share

Re: Osun Secures $65m Islamic Bank Loan by ERockson: 10:07pm On Mar 22, 2017
I thought Aregbe had killed Osun with debt already. I cant imagine how Osun will come out of this in 20years

2 Likes

Re: Osun Secures $65m Islamic Bank Loan by Nobody: 10:13pm On Mar 22, 2017
Wao
Re: Osun Secures $65m Islamic Bank Loan by Sketchandcraft(m): 10:24pm On Mar 22, 2017
Osun will recover from debth by year 3000AB (after Aregbe)

2 Likes

Re: Osun Secures $65m Islamic Bank Loan by adem30: 10:31pm On Mar 22, 2017
[quote author=chiefolododo post=54848910]This bastard keep borrowing money with nothing to show for it and nobody is curbing him? All these white elephant projects. You want to use $65m loan for just water project? [/quote


When Last were you in Osun state?
You only talk rubbish here
Re: Osun Secures $65m Islamic Bank Loan by FriendNG: 12:38am On Mar 23, 2017
Chai Oludumare woo. Chai edone happen oh. They want to Islamize yoruba christain of Osun.
Re: Osun Secures $65m Islamic Bank Loan by chiefolododo(m): 12:45am On Mar 23, 2017
Your father only talks rubbish[quote author=adem30 post=54851237][/quote]

2 Likes

Re: Osun Secures $65m Islamic Bank Loan by FeloniousFelon: 1:14am On Mar 23, 2017
The Ooni Gbese himself

By the time this rascal vacates Osun IDP headquaters, the Tajus and Mulikats of Afonja Osogbo will be getting paid by Boko Haram to embark on suicide bombings

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Re: Osun Secures $65m Islamic Bank Loan by FeloniousFelon: 1:24am On Mar 23, 2017
adem30:
When Last were you in Osun state?
You only talk rubbish here

Osun state is rubbish!

The only state to face recession three years before Buahri massacred the economy

The only state to witness acute famine and wide spread famine before Borno IDPs were eating grass in Baba Chair's grass cutting endeavor

Osun state , my afonajstic myopic denialist is the epitome of rubish just like the raggedy unkempt rascal of governor

3 Likes

Re: Osun Secures $65m Islamic Bank Loan by orisa37: 4:26am On Mar 23, 2017
This is why The Fulanis are ferocious in ILE-IFE.. Aregbesola, see your life.

1 Like 1 Share

Re: Osun Secures $65m Islamic Bank Loan by SuperS1Panther: 6:04am On Mar 23, 2017
That useless house of assembly will also approve this retirement package being termed Islamic loan for this legendary debtor of a Gov?

Is the amount being owed by the state commensurate with the level of development on ground or the so called infrastructure he is priding himself in?

I hope this fund will not find its way into Kabiru's pocket just like that of Opon Imo.
Re: Osun Secures $65m Islamic Bank Loan by KINGOFTHEEAST: 6:24am On Mar 23, 2017
This is s reward package for being a slave no wonder he was arresting people just to please his gambari and Fulani master sharp ...I for see emir of osun on the coming months

1 Like 1 Share

Re: Osun Secures $65m Islamic Bank Loan by KINGOFTHEEAST: 6:26am On Mar 23, 2017
Where is that photographer from osun ?what's that his name oooo

1 Like 1 Share

Re: Osun Secures $65m Islamic Bank Loan by adem30: 7:57am On Mar 23, 2017
FeloniousFelon:


Osun state is rubbish!

The only state to face recession three years before Buahri massacred the economy

The only state to witness acute famine and wide spread famine before Borno IDPs were eating grass in Baba Chair's grass cutting endeavor

Osun state , my afonajstic myopic denialist is the epitome of rubish just like the raggedy unkempt rascal of governor

This clearly shows how Foo.lish you are.

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