Economy

We are ensuring ease of doing business – Gov. Adeleke

By Web News 401

By Funmi Ojo

Osun State Governor, Senator Ademola Adeleke has described business as the bedrock of national development.

Governor Adeleke stated this when he received the leadership of the Manufacturers Association of Nigeria, MAN, comprising of Osun, Oyo, Ekiti and Ondo states at the Government House, Oke-fia, Osogbo.

The Governor who maintained that developed countries thrives due to the industrial revolution said Osun is industrial-friendly and will never undermine business establishment.

He said his administration has been partnering with Osun State Chambers of Commerce and Industry, stressing that the State government is ensuring ease of doing business.

While describing MAN as top employers of labour, creating national wealth through entrepreneurs, the Governor said the State is open for business to address poverty and create wealth.

Earlier, the Chairman of the Association, Mr Lanre Popoola had said the association is working towards contributing to the growth of manufacturing Industries in Osun State through collaboration with the Government to address challenges such as infrastructural development; access to finance and markets.

While soliciting the support of the government on the Akoda-Ede Industrial Estate construction, Mr. Popoola maintained that this would attract investors that can contribute to the economic growth of the State as well as improve the well-being of the people of the State.

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News

Make the Issue of Governance Your Business – Professor Babatunde

By Web News 458

Oyo state’s Commissioner for Budget and Economic Planning, Professor Musbau Babatunde, has implored people to make business of governance their business.

Musbau made the appeal while giving his opening remarks during the public presentation of citizens accounability report on implementation of Oyo state’s 2020 budget, held at the House of Chiefs, Secretariat, Ibadan.

The Oyo state’s Commissioner said the participation is important because the state’s current administration is making budgeting processing participatory through stakeholders meeting between the seven geo-political zones of the Pace-setter.

While analysing the overview of the 2020 budget tagged the peoples budget passed on 15th December 2019 paving way for implementation on 1st January, 2020, Professor Musbau Babatunde, noted that the COVID-19 pandemic caused the budget’s revision towards a supplementary budget passed on 15th July, 2020.

In disseminating citizen’s Accountabiliy Report on implementation of the year 2020 budget, Permanent Secretary, Ministry of Budget and Economic Planning, Mrs Mofoluke Adebiyi, stated that procedures and checks were followed in the preparation of the 2020 budget.

During her presentation in Nine-sections, Mofoluke Adebiyi, described the Citizens Accountability Report as a series ofgrahic and tabular illustrations of the contents of audited financial statements prepared by a state’s Audit office to ensure accountability of public funds.

Adebiyi also emphasized that the Citizens Accountability Report details the government’s performance in executing the duties assigned to it and utilization of funds in Government’s coffers.

During the forum which recorded attendance of lawmakers of the Oyo state’s House of Assembly, stakeholders requested prompt publication of audit reports for adequate information and effectiveness of projects executed from the Peoples budget.

Appropriation Committee of the Oyo state’s House of Assembly, civil servants, youths attended the programme aimed at ensuring peoples continued participation in budget and budgeting processes.

It was deduced during the forum that budgeting covers Education, Economic Planning, Infrastructure, housing development, health, justice, agriculture, youths development, tourism, water, rural development and human development.

It was also realized that top value projects contained in budgetary processes includes special projects, rehabilitation and repair of public schools, construction and provision of roads, erection of traffic and street lights, repair of roads, electricity and provision of agricultural facilities.

Nafiu Busari