By Funmi Ojo
Osun State Governor, Senator Ademola Adeleke says he is ramping up actions to extend the lifespan of the Ilesa water financing agreement with the Islamic Development Bank which is due for closure by December end.
Responding to a statement by the Asiwaju of Ijeshaland, Chief Yinka Fasuyi, the Spokesperson to Governor Adeleke, Mallam Olawale Rasheed noted that the Governor had written the Islamic Development Bank through the Federal Ministry of Finance to seek an extension of the financing agreement.
He said a team led by the State Commissioner for Water Resources, the Chairman of State Water Corporation and other top managers of the water sector are following up to ensure an early response from the headquarters of the ISDB in Jeddah.
Efforts have also been ongoing to secure an out-of-court settlement with the contractor, a rather difficult process.
Mallam Rasheed explained that the Governor from his first month in office has intervened in the inherited contractual crisis between the Osun state government and the contractor handling the water treatment contract.
As directed by the Governor, the State Water Corporation has also mapped out elaborate plans to ensure that the extension is secured and the legal and financial constraints facing the project implementation are resolved.
Governor Adeleke assured the people of Ijesaland that local, national and global contacts have been activated to ensure that the window of credit finance, to complete the remaining component of the Water Treatment Plant being financed by the Islamic Bank does not close in 20 days.
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