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Oyo to reposition Agbowo Shopping Complex

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Governor Seyi Makinde of Oyo State has described the state as being technically bankrupt, saying that efforts are currently ongoing to open up frontiers for revenue generation to keep the state running.

Governor Makinde stated this when top management staff of the University of Ibadan paid him a visit in his office.

The governor promised that the Agbowo shopping complex opposite the institution would be transformed to an edifice of benefit for the state within the next 100 days in office.

Makinde also said he would meet with institutions indebted to the state government to find possible ways to offset their debt profile while making frantic effort in boosting the state’s Internally Generated Revenue (IGR).

The governor equally promised to collaborate with the University of Ibadan on public private partnership initiatives as well as utilizing researches from the institution to better the state.

Earlier, the Chairman and Pro Chancellor, University of Ibadan, Waklek Joshua explained that the visit was part of way to show solidarity to the present government in the state and called for synergy with the institution on infrastructural development.

In the same vein Oyo State Government has expressed its readiness to revive the abandoned Pacesetter Quarry and Asphalt Plant along Moniya-Iseyin road to improve road construction in the state.

The state governor,  Seyi Makinde gave the hint during an on-the-spot assessment of the site.

Governor Makinde regretted that the plant which could be an asset to the state was abandoned to rot away due to political consideration while the state is patronizing third parties for asphalt to construct its road.

Conducting Oyo State Governor round the plant, Director, Investment Promotion in the state, Mrs. Nike Omopemi noted that investors were not forthcoming as regards the resuscitation of the plant.

Also Governor Makinde paid an unscheduled visit to the state Ministry of Agriculture and Natural Resources and directed the Permanent Secretary of the ministry, Mr. Victor Atilola, to deploy unused tractors to various farm settlements for effective use within the next four weeks.

He said his administration would give utmost priority to provision of machineries for farmers to boost agricultural development in the state.

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