• About Us
  • Advertise
  • Career
  • Contact Us
Monday, June 16, 2025
  • Login
PrimeStarNews
Advertisement
  • Home
  • Politics
  • Business
  • Crime
  • Entertainment
    • All
    • Freebies
    Bimbo Akintola: I Never Faced Sexual Harassment in Nollywood

    Actress Bimbo Akintola Blames Parents for Child Harassment in Nollywood

    Not All Ibadan Indigenes Are Thieves – Actress Speaks Out

    Actress Mrs. Omilani Defends Ibadan Indigenes, Says Not All Are Robbers

    Biola Adebayo Breaks Silence on Failed Marriage, Says She’s Been Separated Since April 2024

    Biola Adebayo Confirms Marriage Collapse After over a Year of Separation

    From Widowhood to Nollywood: The Inspiring Journey of Regina Chukwu

    They Took My Son, Cut My Hair: Regina Chukwu Recounts Her Painful Widowhood Rites

    Actor Dele Odule Ranks Yoruba Traditional Rulers

    Sex in the Movie Industry is Consensual – Actor Dele Odule

    Nigerian Woman Recounts Harrowing Experience of Being Trafficked to Mali for Prostitution

    Actress Jumoke George’s Daughter, Deola Reveals How Lady Human Trafficker Sold her to Mali for 250,000CFR for Prostitution

    I was Incarcerated in Cameroon for Not Having Traveling Documents - Felicia Ishola

    Nollywood Actress-Turned-Herbalist Felicia Ishola, aka Egeremiti, Recounts Years of Struggles, Incarceration, and Survival Across Africa

    Yetunde Wumi Recalls Her Bond with Late Alade Aromire

    Actress Yetunde Wumi Confirms Marrying Alade Aromire for Three Years

    Jumoke George’s Daughter to Return Home After Four Years in Mali Trafficking Ordeal

    Nollywood Actress Jumoke George Reunites with Missing Daughter After Four Years of Trafficking Nightmare

    Davido Reveals Hidden Passion: "If Not Music, I Would Have Been a Journalist

    If Not Music, I Would’ve Been a Journalist – Afrobeats Star Davido

  • Art & Lifestyle
    Ngũgĩ wa Thiong’o: The Revolutionary Voice Who Rewrote Africa’s Story in Its Own Words

    Ngũgĩ wa Thiong’o: The Unyielding Voice of Africa Who Lit the Path with Words

    African Creative Innovation Exhibition Opens with Call for Sustainable Design Practices

    African Creative Innovation Exhibition Opens in UI with a Call for Sustainable Design Practices

    Senator Rashidi Ladoja to Chair Egungun Festival

    Ladoja To Chair 2025 World Egungun Festival

    Currencies Exhibition Opens in UI

    UI Hosts Exhibition of Dele T. Fawole’s Global Currency Collection, Showcasing Rare Coins and Banknotes from Around the World

    US Citizen visit Family Members In Ibadan

    US Citizens Trace Roots To Balogun Ibikunle Family

    Blind Village of Dali Koumbe

    Discovery of Dali Koumbe’s Village of the Blind

    84-Year-Old Legendary Crocodile at Delesolu Compound in Ibadan Dies

    84-Years-Old Crocodile Dies in Ibadan

    Act of kindness in Bowen University

    How God Came Through for Me at Bowen Varsity – Gbenga Samuel-Wemimo

    Damilare Bello Committing to Nurturing African Literature for Global Resonance

    Spotlight: Damilare Bello’s Commitment to Nurturing African Literature for Global Resonance

    Brazil Pledges Participation

    Oyo Unified Cultural Festivals: Brazil Pledges Participation

    Trending Tags

    • Golden globes
    • Climate Change
  • Sports
  • Science
  • Opinion
  • World
No Result
View All Result
  • Home
  • Politics
  • Business
  • Crime
  • Entertainment
    • All
    • Freebies
    Bimbo Akintola: I Never Faced Sexual Harassment in Nollywood

    Actress Bimbo Akintola Blames Parents for Child Harassment in Nollywood

    Not All Ibadan Indigenes Are Thieves – Actress Speaks Out

    Actress Mrs. Omilani Defends Ibadan Indigenes, Says Not All Are Robbers

    Biola Adebayo Breaks Silence on Failed Marriage, Says She’s Been Separated Since April 2024

    Biola Adebayo Confirms Marriage Collapse After over a Year of Separation

    From Widowhood to Nollywood: The Inspiring Journey of Regina Chukwu

    They Took My Son, Cut My Hair: Regina Chukwu Recounts Her Painful Widowhood Rites

    Actor Dele Odule Ranks Yoruba Traditional Rulers

    Sex in the Movie Industry is Consensual – Actor Dele Odule

    Nigerian Woman Recounts Harrowing Experience of Being Trafficked to Mali for Prostitution

    Actress Jumoke George’s Daughter, Deola Reveals How Lady Human Trafficker Sold her to Mali for 250,000CFR for Prostitution

    I was Incarcerated in Cameroon for Not Having Traveling Documents - Felicia Ishola

    Nollywood Actress-Turned-Herbalist Felicia Ishola, aka Egeremiti, Recounts Years of Struggles, Incarceration, and Survival Across Africa

    Yetunde Wumi Recalls Her Bond with Late Alade Aromire

    Actress Yetunde Wumi Confirms Marrying Alade Aromire for Three Years

    Jumoke George’s Daughter to Return Home After Four Years in Mali Trafficking Ordeal

    Nollywood Actress Jumoke George Reunites with Missing Daughter After Four Years of Trafficking Nightmare

    Davido Reveals Hidden Passion: "If Not Music, I Would Have Been a Journalist

    If Not Music, I Would’ve Been a Journalist – Afrobeats Star Davido

  • Art & Lifestyle
    Ngũgĩ wa Thiong’o: The Revolutionary Voice Who Rewrote Africa’s Story in Its Own Words

    Ngũgĩ wa Thiong’o: The Unyielding Voice of Africa Who Lit the Path with Words

    African Creative Innovation Exhibition Opens with Call for Sustainable Design Practices

    African Creative Innovation Exhibition Opens in UI with a Call for Sustainable Design Practices

    Senator Rashidi Ladoja to Chair Egungun Festival

    Ladoja To Chair 2025 World Egungun Festival

    Currencies Exhibition Opens in UI

    UI Hosts Exhibition of Dele T. Fawole’s Global Currency Collection, Showcasing Rare Coins and Banknotes from Around the World

    US Citizen visit Family Members In Ibadan

    US Citizens Trace Roots To Balogun Ibikunle Family

    Blind Village of Dali Koumbe

    Discovery of Dali Koumbe’s Village of the Blind

    84-Year-Old Legendary Crocodile at Delesolu Compound in Ibadan Dies

    84-Years-Old Crocodile Dies in Ibadan

    Act of kindness in Bowen University

    How God Came Through for Me at Bowen Varsity – Gbenga Samuel-Wemimo

    Damilare Bello Committing to Nurturing African Literature for Global Resonance

    Spotlight: Damilare Bello’s Commitment to Nurturing African Literature for Global Resonance

    Brazil Pledges Participation

    Oyo Unified Cultural Festivals: Brazil Pledges Participation

    Trending Tags

    • Golden globes
    • Climate Change
  • Sports
  • Science
  • Opinion
  • World
No Result
View All Result
PrimeStarNews
No Result
View All Result
Home General

Oyo Govt. pays N350m Counterpart Fund for World Bank Project on Rural Access Roads

by
May 13, 2020
in General, Nation
Reading Time: 3 mins read
0
Oyo Govt pays Counterpart fund to World Bank
Share on FacebookShare on TwitterShare on WhatsappTelegram the story

Oyo State Governor, Engineer Seyi Makinde, revealed on Wednesday that his government promptly paid the counterpart fund for Development Partners-backed Rural Access and Agricultural Marketing Project (RAAMP) to ensure accelerated development of the rural communities in the state.

The governor, who was speaking at the inauguration of the Project Monitoring and Technical Steering Committee, at the Government House, Agodi, Ibadan, said that the sum of N350 Million was paid two months into his tenure in office to facilitate the project.

The project, which was instituted in April 2016, had remained moribund as a result of the failure of the state to pay the 12 per cent counterpart fund required by the Development Partners including the World Bank, the French Development Bank and the African Development Bank (AfDB), among others.

A statement by the Chief Press Secretary to the governor, Mr. Taiwo Adisa, quoted Makinde saying that the RAAMP would ensure quality and durable roads that would open up the rural areas for business.

He said: “When we came in, we met the RAAM Project almost moribund because Oyo State couldn’t pay its own counterpart fund. Within two and half months of our administration, we provided the counterpart fund and we were able to get the project back on track”.

The project, which was meant to construct, rehabilitate and maintain over 1000 kilometres of rural roads across 33 Local Government Areas and 35 Local Council Development Areas of the state is aimed at linking the state’s Agro-logistic hubs foreconomic and social development.

Governor Makinde said that the RAAMP is aimed at improving the standard of living of rural dwellers, ease access to transportation and enhance rural participation in economic development.

The governor further stated: “I want to congratulate the members of the committee… As a member of this committee, one thing we want to ensure is that quality is maintained. We don’t want situation like in the past whereby roads and critical infrastructure are constructed and before that administration will even leave office, the infrastructure would have got to a total state of decay and you will know that within a very short time, you won’t see those infrastructure again. A case in point is that we went to Eruwa this time last week, the road from Ologuneru to Eruwa, they are still working on it, it is yet to get to the final point at Eruwa, but we saw many sections of the road that have failed already. That is not what we want, quality has to be maintained.”

The governor also stated that besides the RAAMP, there are other opportunities the state is looking forward to in order to turn around the fortunes of the rural communities.

He said: “Apart from the RAAMP, we still have other opportunities, AfDB are still talking to us, and if, indeed, we are able to put pen to paper, Oyo State would become one of their Agro-processing centres and they will support infrastructure provision towards our rural areas. This is mango season; I have been to the innermost part of Oyo State. It is obvious that a lot of farm produce is being wasted. Until the farm produce gets to the people that need it, it is then the farmers can get quality for their produce”.

He added that the RAAMP is important to his administration because it was capable of enhancing its vision of expanding the economy, which he said is a major aspect of his administration’s objectives.

Earlier, the RAAMP coordinator, Dr. Moses Ayanlowo, said the project was aimed at internationalising the capacity and culture for coordination, construction, rehabilitation and maintenance of rural road networks that would ensure an all year-round accessibility to farms and agro-logistic centres and markets.

He, however, appreciated the Makinde-led administration for paying the counterpart funds, which he said had debarred the state from benefiting from the RAAMP since 2016, noting that the project would bring profitable agricultural enterprise to the State.

In his address, the Oyo State Commissioner for Agriculture and Rural Development, who also doubles as the Vice Chairman (Administration) for the steering committee, Hon. Ojemuyiwa Ojekunle, said the re-launching of the RAAMP was an indication of the1 current administration’s commitment to the agricultural sector.

He added that the initiative would encourage more investments in agribusiness and alleviate poverty for rural dwellers.

Share this:

  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on X (Opens in new window) X

Like this:

Like Loading...
Tags: counterpart fundOyo StateRural access roadsWorld Bank project
Previous Post

Joint Security Team Arrest Fake Govt. Agents

Next Post

Covid-19: 184 New Cases Reported in Nigeria, Total Confirmed Cases Now 4,971

Next Post
184 additional covid-19 cases reported in Nigeria

Covid-19: 184 New Cases Reported in Nigeria, Total Confirmed Cases Now 4,971

Leave a ReplyCancel reply

POLICE RECOVER VEHICLES STOLEN FROM NIGERIA TO GHANA AND NIGER,ARREST THREE SUSPECTS IN GHANA
Judiciary

Nigeria Police Recover Stolen Vehicles Trafficked to Ghana and Niger

by Gbenro Adesina
June 15, 2025
0

The Nigeria Police Force has recorded a major breakthrough in its ongoing fight against cross-border crimes with the successful recovery...

Read more
University of Ibadan Elevates 38 Lecturers to Professorial Ranks
Education

UI Promotes 38 Lecturers to Professorial Cadre, Including 15 New Professors

by Gbenro Adesina
June 15, 2025
0

The Appointments and Promotions Committee for Academic Staff of the University of Ibadan (UI) has promoted 38 lecturers to the...

Read more
Atiku Celebrates Wife Titi at 75
Top News

Atiku Reveals He Married Titi Without Parental Consent

by Gbenro Adesina
June 15, 2025
0

Former Vice President Atiku Abubakar has revealed that he married his wife, Titi Abubakar, without the consent of their families,...

Read more
Atiku Abubakar Condemns Benue Killing
Headline Stories

Over 100 Feared Dead in Fresh Benue Attacks, Atiku Condemns Killings, Calls for Urgent Action

by Gbenro Adesina
June 15, 2025
0

Former Vice President Atiku Abubakar has expressed deep anguish and shock over the latest wave of violence in Benue State,...

Read more
PrimeStarNews

We bring you daily news and events from Nigeria and around the world. We deliver high-quality and engaging content on education, entertainment, politics, crime, judiciary, economy among others across digital, social and video platforms.

Categories

  • Arts & Life
  • Aviation
  • Breaking News
  • Business
  • Crime
  • Editorial
  • Education
  • Energy
  • Entertainment
  • Environment
  • Feature
  • Freebies
  • General
  • Headline Stories
  • Health
  • Interview
  • Judiciary
  • Legend
  • Letter
  • Media
  • Nation
  • News
  • Opinion
  • Picture of Moment
  • Picture of the Moment
  • Politics
  • Power
  • Religion
  • Science
  • Security
  • Sports
  • Technology
  • Technology Updates
  • Top News
  • Tourism
  • Transport
  • Travel
  • World
No Result
View All Result
  • About Us
  • Advertise
  • Career
  • Contact Us

© 2022 Primestarnews - Serving Breaking News Around the World.

No Result
View All Result
  • Home
  • Politics
  • Business
  • Crime
  • Entertainment
  • Art & Lifestyle
  • Sports
  • Science
  • Opinion
  • World

© 2022 Primestarnews - Serving Breaking News Around the World.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
error: Alert: Content is protected !!
%d