Ecstasy154:
*calls for translation of research to impact

By Yinka Adeniran, Ibadan

Just two days after declaring that the state is indebted to the tune of at least N150billion, Governor Seyi Makinde on Tuesday said the state government is technically bankrupt with his administration still looking at ways to salvage the situation and run the government.

He said the situation is so critical that, if the state was to be a private entity, he won’t lend a dime to the state government but would advise them to start winding up proceedings.

This is as he also promised to make a pronouncement on how to turn around the hitherto moribund Agbowo shopping Complex which he described as eyesore and security threat to both the university and neighbouring communities within the first 100 days of his administration so that it would be of benefit to the state in general.

The governor made the revelation while playing host to the members of the Governing Council of University of Ibadan who were in his office on a courtesy call.

Noting that UI is an important member of the community, the governor said his government will collaborate with the institution especially in the areas of Public-Private Partnership which will endear a kind of synergy between academia and the government.

He appealed to the visitors to ensure that many of the research outcomes on the university shelves are brought out to the government to be utilized to better the lives of the people.

Makinde said “The University is a very important member of this community. We will like to collaborate with the university especially in the area of Public-Private Partnership (PPP) and for us, there should be a serious synergy between the academia and the government because the majority of the very good research outcomes stay on the shelf in the university.

“We want those to come out for us to work together to utilize those research outcomes to better the lives of our people. The government of Oyo state is keen and ready for such a partnership.

“The Agbowo shopping complex in front of the university is an eyesore. It is a lot of money that was sunk in there and we are not getting any value. As a matter of fact, that structure is a security threat to the university community. We are looking at it and I am sure before we mark our 100 days, there will be a pronouncement on how we intend to turn that shopping complex into something that brings benefit to the university community and residents of the state in general.

https://thenationonlineng.net/oyo-is-technically-bankrupt-says-makinde/

DameB:


I think the idea behind building the structure back then was for it to serve as a shopping centre for the university students. But the likes of preboye and others set up shop around there offering stores and the Bódìjà market is nearby so i guess Oyo government needs to ramp up the usefulness of the building and if renovating or selling it is the way to go. Because that is still prime location

uuzba:

I did my Masters in Huddersfield, UK. The small I know about the town was that, in the '40s, '50s, they had plenty factories in Huddersfield. They were processing wool (from sheep). Since the workers needed a place to stay, the town was built up. Plenty small-small houses, roads and markets.
As things became more industralised they started cheaper importation, they had to close down the factories.
One particular factory was converted into the computer science department of the University of Huddersfield. And many of the houses were rented to students.
UK make a lot of money by just speaking English, attracting foreign students and collecting rent and school fees.

Elemosho478:



That wouldn't change the fact that alot of Igbo people are Economic refugees in Oyo State

maybachmusic:
Ibadan should be an IT hub with lots of companies



Former leaders have been sleeping


Ibadan not taking full advantage of the Lagos proximity

post=79878269:
Talk if you want to talk and stop talking with the corner of your mouth Seyi...
Nobody will beat you for it, you are the Governor!

Hit the nail on the head abegii!

'Technically bankrupt', why not Mechanically bankrupt?!

He said technically because somethings can still be done with proper management
Orisirisi something!!

delpee:
A technically bankrupt state that insists on totally free education for a large population.

DameB:


From your experience while schooling over there what do you think should be done with that dilapidated Agbowo complex? A lot of people going to Ibadan do that for educational purposes, but that Agbowo area is still very laid back infrastructure-wise

wifeesnatcher:
sincerely it's nauseating to see Ibadan development stand still. a town that was the headquarter of West during the regional govt

Seyi should save us all this talk and prove himself as he had promised Oyo people. campaign is over

uuzba:

Ah, well I will say some sort of student facility. It can be a residence run as a business that employs student part time workers to maintain it.
It should be any type of business where majority of the staff are students doing shift work. Restaurant, bar, cheap hotel cheap Conference centre. Not church O. Church makes noise.
That's what British do. Their students are always doing part time work in buildings near to the university campus.
Our Nigerian student's are totally idle. Messing up their hostels and finishing their parents school fees money.

phemtobo:
so you will rather prefer the number of out of school children increasing daily just because of something they can take care.... But because some of them are selfish that's why they won't!!! But thank goodness we now have a man who understands better than you

Amarabae:
I thought oyo IGR is bigger than that of the whole southeast according to our Lagos Ibadan express way propaganda media

Elemosho478:
It is like PDP governors have nothing to offer other than Blame game

FutureIG:


Lagos state that's indebted to the tune of N1.043 trillion?

delpee:


Why would I want more out of school children when I know the implications and I’m involved in getting such people back to school?
The point is that the governor should have planned well ahead before taking over governance. That the state is technically bankrupt shouldn’t be news. How to drastically increase the IGR to fulfill his campaign promises should have been a priority.

By the way, remember that Oyo only had 1000 naira levy per term for the maintenance of facilities in public schools. That has been abolished. Let’s hope he can squeeze out enough from the budget to employ enough teachers and maintain the schools.