Momberger

The Osun State Government says it will be offering its airport under construction to private investors to complete, operate and transfer to the State. Osun Governor Adegboyega Oyetola said this in Lagos while briefing journalists on the State’s economic summit. Oyetola regretted that the Federal Government had not been forthcoming in committing funds to the projects as it was conceived as a joint venture. He added that the State had decided not to commit more funds to the project but to hand it over to private investors who would build, operate and transfer the facility. Oyetola said his administration was in a hurry to develop the State and was in search of investors who would pool capital to grow the opportunities and wealth available in the State. Speaking at the Facts-Behind-the-StateEconomy at the Nigerian Stock Exchange, Oyetola said the State was sitting on a lot of mineral resources and potential that needed to be harnessed. The Commissioner for Economic Planning and Budget, Osun State, Dr Olalekan Yunusa, said the State government aimed to diversify the economy by raising revenue from the capital market as the decline in oil revenue had serious implications for sub-national governments. Yunusa stated that since Lagos State was congested, Osun State was working hard to open up another means and place of investment for people by developing its infrastructure. #1126.21 

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