- Adeleke highlighted plans for a functional cargo/commercial airport to propel Osun towards becoming an export-oriented economy and a global tourist destination, leveraging its rich Yoruba cultural assets
Governor Ademola Adeleke of Osun State has announced a strategic shift in the state’s economic focus.
He aims to transition from a reliance on civil servants‘ salaries to a more diversified economy centered on modern agro-industrial practices and the creative industry.
Adeleke highlighted plans for a functional cargo/commercial airport to propel Osun towards becoming an export-oriented economy and a global tourist destination, leveraging its rich Yoruba cultural assets.
During his recent statewide broadcast for the new year, Adeleke highlighted his administration’s achievements, emphasizing the successful closure of financial loopholes, tackling corruption and revenue diversion in the solid mineral sector, and revitalizing local government administration for grassroots development.
Additionally, the government undertook extensive initiatives in the past year, including large-scale water projects, construction of 91 kilometers of roads, and the facilitation of free medical surgeries that benefited over 50,000 individuals, among other efforts.
On his plans for 2024, the governor said the “dream is for an Osun economy that gradually moves away from its civil service status to a modern agro-industrial based, creative industry-focused economy, stressing that such, “diversification with a functioning cargo/commercial airport will grow Osun as an export-oriented economy as well as a global tourist destination, being the host of important Yoruba cultural assets.
“We are implementing an ambitious state agenda which targets infrastructure upgrade, diversifying the state economic base and deepening the revenue structure of the state.
“For the infra upgrade, we are convinced that the state economy cannot attract the required investment to realise its industrial potential unless the problem of infrastructure deficit is addressed. Hence, we have started the implementation of the multi-billion naira infra plan that I launched a few months ago.
“For economic diversification, we are growing the creative industry; we are opening up the industrial sector; we are attracting investors in key sectors; and we are re-skilling our youth through the soon-to-be-unveiled Imole Youth Corps. To deepen the revenue base, we are tapping into the solid mineral sector; we are reforming the tax sector to eliminate multiple taxation while widening the tax base.”
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