Oyo State governor, ‘Seyi Makinde, has said that his administration has been able to bring about a level of economic stability in the state with the monthly payment of about N24 billion in salaries to state and local government workers.
Breakdown of the wage bill shows N14 billion goes to state’s workers while that of the local government is about N10 billion monthly.
He added that his government’s commitment to expanding the economy of the state has also been yielding results in terms of private sector investments, as more private sector players have become comfortable investing in the state.
The governor spoke on Sunday to a delegation of traditional rulers and political office holders at the federal, state and local government levels including the Deputy Governor, Barr. Abdulraheem Bayo Lawal, the Otun Olubadan of Ibadanland, Senator Rashidi Ladoja; Senator representing Oyo South, Sharafadeen Alli; former Deputy Governor and PDP Deputy National Chairman, Taofeek Arapaja; and Kamil Oloso, among others.
He noted that the new Oyo State is renowned for peace, unity and harmony, the governor urged all residents to work hard to sustain the atmosphere, adding that every good thing they desire for the state is tied to the existence of peace and harmony in the state.
“Today, we have peace in Oyo State, we are in a situation where we can see development and peaceful co-existence and we want to sustain these. When we have an atmosphere of unity and live in peace with ourselves, there will be development and progress. That is what we are witnessing in Oyo State today.
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“One of those things we desire is economic stability in our state. Now, every four weeks, N24 billion gets into the economy of Oyo State through workers’ salaries. The wage bill of the state is now around N14 billion, while that of the local government is about N10 billion.
“Similarly on the private sector side, a lot of people are now comfortable to come and invest in Oyo State and we have seen quite a lot of investments. Yesterday, we were at the Ijaiye Farm Settlement because of the Farmers’ Wholesale Market that is coming in there. I went there for inspection, and you will be surprised that in that settlement, we have 27,000 hectares of land. We have asked them to carve out just 3,000 hectares out of the 27,000 for that project.
He implored political office holders across the country to do their best to improve things, because it has been a difficult and challenging period for the people, but noted that tough times don’t last, only tough people do.
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