We Paid N350M Counterpart Fund For World Bank Project On Rural Access Road -Makinde


project to provide 1,600 km of rural roads—Coordinator
we promptly paid N350m fund to aid project—Makinde

 

Oyo State Governor, Engr Seyi Makinde, on Wednesday revealed that his administration paid the sum of N350 million counterpart fund for Development Partners-backed Rural Access and Agricultural Marketing Project (RAAMP) to ensure accelerated development of the rural communities in the state.

The governor, who was speaking at the inauguration of the committee at the Government House, Agodi, Ibadan, said that the sum of was paid two months into his tenure in office to facilitate the project.

The project, which was instituted in April 2016, had remained moribund as a result of the failure of the state to pay the 12 per cent counterpart fund required by the Development Partners including the World Bank, the French Development Bank and the African Development Bank (AfDB), among others.

Makinde said RAAMP would ensure quality and durable roads that would open up the rural areas for business.

He said: “When we came in, we met the RAAMP Project almost moribund because Oyo State couldn’t pay its own counterpart fund. Within two and half months of our administration, we provided the counterpart fund and we were able to get the project back on track.”

The project, which was meant to construct, rehabilitate and maintain over 1000 kilometres of rural roads across the 33 Local Government Areas and 35 Local Council Development Areas of the state is aimed at linking the state’s Agro-logistic hubs for economic and social development.

The governor stated that RAAMP was aimed at improving the standard of living of rural dwellers, ease access to transportation and enhance rural participation in economic.

“I want to congratulate the members of the committe. As a member of this committee, one thing we want to ensure is that quality is maintained.

“We don’t want situation like in the past whereby roads and critical infrastructure are constructed and before that administration will even leave office, the infrastructure would have gotten to a total state of decay and you will know that within a very short time, you won’t see those infrastructure again.

“A case in point is that we went to Eruwa this time last week, the road from Ologuneru to Eruwa, they are still working on it, it is yet to get to the final point at Eruwa, but we saw many sections of the road that have failed already. That is not what we want, quality has to be maintained,” Makinde said.

The governor also stated that besides the RAAMP, there are other opportunities the state is looking forward to in order to turn around the fortunes of the rural communities.

He said: “Apart from the RAAMP, we still have other opportunities, AfDB are still talking to us, and if, indeed, we are able to put pen to paper, Oyo State would become one of their Agro-processing centres and they will support infrastructure provision towards our rural areas.

He added that the RAAMP is important to his administration because it was capable of enhancing its vision of expanding the economy, which he said is a major aspect of his administration’s objectives.

Earlier, the RAAMP coordinator, Dr. Moses Ayanlowo, said the project was aimed at internationalising the capacity and culture for coordination, construction, rehabilitation and maintenance of rural road networks that will ensure an all year-round accessibility to farms, agro-logistic centres and markets.

He, however, appreciated the Makinde-led administration for paying the counterpart fund, which he said had prevented the state from benefiting from the project since 2016, noting that it will bring profitable agricultural enterprise to the state.

In his address, the Oyo State Commissioner for Agriculture and Rural Development, who also doubles as the Vice Chairman (Administration) for the steering committee, Ojemuyiwa Ojekunle, said the relaunching of the RAAMP was an indication of the current administration’s commitment to the agricultural sector.

The commissioner said the initiative would encourage more investments in agribusiness and alleviate poverty for rural dwellers.

Previous 10 Most Interesting Facts You Didn't Know About Netflix's #MoneyHeist
Next Oyo loses Environment Commissioner, Kehinde Ayoola

No Comment

Leave a Reply