Transportation

Senate Committee Promises Upgrade Of Ibadan Airport To International Standard

By Web News 912

The senate committee on aviation has promised to advocate the upgrade of Ibadan airport to international standard.

Chairman Senate Committee on aviation, senator Smart Adeyemi said this during a courtesy call on Governor Makinde at the Agodi secretariat,Ibadan as part of the committee’s oversight function.

Senator Adeyemi said the visit, ahead of the 2022 budget presentation would equip the committee with useful information in advocating for sufficient funds for the aviation sector. 

Chairman House of Representatives Committee on Aviation, Mr Nnolim Nnaji who was part of the delegation also stressed the economic importance of upgrading the nation’s airport as an alternative to road transportation due to prevailing challenges of insecurity 

In a remark, Oyo state Governor, Engineer Seyi Makinde urged the federal government to handover Ibadan airport to the state government to enable the state expedite processes in upgrading the airport to international standard 

Governor Makinde explained various effort of his administration in giving the airport a facelift, especially with the rehabilitation of adjourning roads as well as provision of basic facilities in the airport and called on the federal government to do more by collaborating with the state.

He equally added that the airport would not only impact on the state economy by expanding its business district, the country would be better for it as it move from an economy dependent on oil to a non-oil economy.

The team later took an assessment tour of the Ibadan airport to evaluate areas of concerns.

Iyabo Adebisi

Economy

Gov. Makinde Assents To 2021 Budget

By Web News 690

Oyo State governor, Engineer Seyi Makinde has signed the state’s 2021 appropriation bill of 268.8 billion naira into law.

Governor Makinde while assenting the bill at the Executive Council Chamber, Agodi-Secretariat, Ibadan said the 2021 budget with 70% performance target would accommodate more developmental projects for the state.

The governor who explained that the budget would increase the state’s response to economic challenges maintained that his administration would do the needful to achieve the fiscal sustainability of the budget.

It would be recalled that Governor Seyi Makinde had ordered the downward review of the 273.7 Billion naira budget earlier approved by the Oyo State House of Assembly to 268.8 Billion naira due to the need to achieve a favorable budget performance.

As a result, the 273.7 billion naira earlier approved has since been reduced and the budget was passed in the sum of 268.8 Billion naira on December 18, 2020, representing an increase of 2.2 Billion naira on the budget proposal of 266.6 billion naira submitted by the governor on November 24, 2020.

Iyabo Adebisi