Desyner:

In your 'neutral' mind you think one firm will just establish a whole industrial park like that. I hope everything is true and as presented here.
As for your emotional rant I choose to let that slide for now.

Desyner:
Exactly. I expect power provision to be a govt thing here. We all know how private firms inflate these costs to outsmart the govt plus it makes perfect sense that in a industrial part that holds the potential to housing many industries, govt should be itching to provide power and help reduce power cost to help attract industries. Hope I didn't annoy Aregbes resident Nairaland mouthpiece.

mikolo80:
where's the govt going to get the power from

mikolo80:
where's the govt going to get the power from

Desyner:
Whe does other state govt theirs from?

deomelo:





Try not to waste your time on that shallow thinking, bitter, hateful and unintelligent juvenile.

mikolo80:
where's the power the other states get?

Desyner:
Lagos? ? ? ? ?

seguno2:
Why are you such a terrible liar?
Instead of calling this scam what it is- a bogus, fraudulent scheme to steal money- you are here deflecting with tribal sentiment.
I wonder how much of the billions being stolen will get to you for your own personal role in this corruption.

Firefire:
As a rejoinder to this publication: https://www.nairaland.com/2872621/aregbesola-inflated-airport-contract-n11.5bn#42080710

Femi Makinde, Osogbo

The Osun State Governor, Mr. Rauf Aregbesola, has said he deserves commendation for building the Moshood Abiola International Airport at Ido-Osun, Osun State, for N11.5bn.

A consultant to the state government on information, Mr. Sunday Akere, who spoke on behalf of the governor, said this in a telephone interview with our correspondent on Tuesday.

He said the contract was not inflated to siphon the state’s resources as alleged by the Peoples Democratic Party.

He said the increase in the contract sum was necessitated by the inflation caused by the fall of the naira.

Akere said, “The PDP in Osun should be ignored, they are just seeking relevance. They should find out how much PDP states like Akwa Ibom, Gombe and others built their airports.

“When former President Goodluck Jonathan was in power, he said he added an additional airstrip to the Nnamdi Azikiwi International Airport, Abuja with N36bn. We should be commended for building an airport with N11.5bn.

“If we are building a complete airport with a hanger and other facilities for N11.5bn, then we should be commended. The governor deserves commendation.”

Akere also said the initial cost of the airport was underestimated.

But the PDP accused the governor of increasing unilaterally the contract sum of the airport from N4.5bn to N15.5bn.

The Director of Media and Strategy of the Osun PDP, Mr. Diran Odeyemi, said this in a statement on Sunday.

The statement read, “We are aware that Governor Rauf Aregbesola, on January 8, 2016 through a letter with reference number SP/S96/1/vi/348 re-awarded the airport contract to the same contractor and a payment of N472m was paid as take-off sum.

“The same company had earlier been paid N2.7bn for the same project without any serious work done on the project.

The PDP also accused the governor of inflating the contract sum in order to embezzle the bailout funds it got from the Central Bank of Nigeria.

The opposition party lamented that workers in the employ of the state were languishing in hunger as a result of unpaid salaries.

The party had said, “We are calling on the President and anti-graft agencies to send a secret team to the site of the so-called Moshood Abiola International Airport, Ido-Osun, to confirm what the government and the airport company had done with the N2.7bn taken from the purse of the state on December 14, 2012.


“Out of the amount, N2.5bn was sourced as a loan from a bank to be repaid monthly at N100m from the SURE-P funds. That loan is now part of the N88bn restructured for the state by the Central Bank for repayment till the year 2034 .”


www.nairaland.com/attachments/3313876_inflatess_jpegedf527ceff41723c0a8e914a1c8e7dc8



http://www.punchng.com/aregbesola-admits-increasing-airport-contract-by-n7bn/

The gold deposit in Osun state is worth about $5 billion in today’s price, according to a research finding by Olugbenga Akindeji Okunlola, a professor of geology at the University of Ibadan.

At the current CBN rate, $5 billion is equal to N1.5 trillion — whereas checks by TheCable revealed that for the whole of 2016, Osun state collected N62 billion in federation allocation and recorded an internally generated revenue of N8.88 billion.

Okunlola, who is also the president of the Geological Society of Africa (GSAF), was speaking at the 427th inaugural lecture of the University of Ibadan on Thursday.

His lecture was entitled “Riches Beneath Our Feet: Mineral Endowment and Sustainable Development of Nigeria”.

He said Iperindo in Ilesha, Osun state, has a proven reserve of one million ounces “in a 1km2 area up to a shallow 100m depth, comprising a series of gold bearing (Gold-quartz-carbonate) veins localised by subsidiary faults, hosted within biotite gneiss and mica schist. Grade ranges between 1–23.6g/ton. Currently, this deposit is worth over $1 billion”.

Iperindo is one of the clusters of seven gold deposits around Ilesha, he added.

“The worth of the Ilesha gold belt occurrences could be in the range of $3.1 to $5 billion at current price regime… Nigeria might well be the new frontier in the coming years for gold exploration in West Africa,” he said.

Okunlola further said that in Zamfara state, “two old gold mines are most important within Maru Schist belt. The Duki mine mineralisation made up of gold-quartz veins continues for over 1km of strike length. The other gold mine around Mararaba is a 300m long system”.