• About Us
  • Advertise
  • Career
  • Contact Us
Thursday, October 1, 2026
  • Login
PrimeStarNews
Advertisement
  • Home
  • Politics
  • Business
  • Crime
  • Entertainment
    • All
    • Freebies
    Jay-Z and rape allegation

    Jay-Z Accuser Withdraws Rape Allegations

    TINUBU HAILS KING SUNNY ADE AT 80; YOU EXEMPLIFY A LIFE OF MUSICAL EXCELLENCE, CULTURAL AMBASSADORSHIP

    Tinubu Celebrates King Sunny Ade at 80

    PRESIDENT TINUBU MOURNS VETERAN ACTOR OLU JACOBS AT 84

    Tinubu Mourns Olu Jacobs, Hails Veteran Actor’s Legacy

    Olu Jacob Dies @ 84

    Veteran Nollywood Actor Olu Jacobs Dies at 84

    Jude Chukwuka Reveals How Divorce Plunged Him Into Eight-Year Depression

    Actor Jude Chukwuka Opens Up on Marriage, Depression, Sex, Nollywood

    Actress Tayo Odueke Open Up on her Romance with MC Oluomo

    Sikiratu Sindodo Opens Up on MC Oluomo Romance, Reveals How She Battled Coma

    I will Marry Soon - Tosin Olaniyan

    Actress Tosin Olaniyan Reveals Why She Stopped Posting Skits, Says Roles Made People Misjudge Her

    Acting Akintunde Reveals How He Specialised on Crime Role

    Actor Shola Akintunde Reveals How He Became Known for Criminal Roles

    Dolly Parton dies

    Dolly Parton, Country Music Legend and Philanthropist, Dies at 80

    Alabi Ogundepo dies

    Veteran Ijala Chanter, Alabi Ogundepo, Dies at 84

  • Art & Lifestyle
    Niyi Osundare: “Tyrants Want to Control History” — Why Memory Without Remembrance Is Dangerous

    Niyi Osundare: ‘Memory Without Remembrance is Dangerous’ (VIDEO)

    Osundare Urges Political Leaders to Make Nigeria Habitable for All

    Niyi Osundare: ‘Let Us Make Nigeria Habitable’ (VIDEO)

    Africans Sell their Fellows into Slavery — Niyi Osundare

    Niyi Osundare: “We Sold Our Brothers Into Slavery” (VIDEO)

    Niyi Osundare Warns Against Losing Nigerian Talent to Japa

    Niyi Osundare: “Every Writer Needs a Community” (VIDEO)

    Police Arrest Suspected Kidnappers

    ‘Slavery Is Still Very Much With Us in Nigeria’ — Niyi Osundare (VIDEO)

    Niyi Osundare: “Japa Has Killed So Many of Our Talents

    Niyi Osundare: ‘Japa Is Slavery, Nigeria Is Exporting Its Best Brains and Importing Ignorance’ (VIDEO)

    Poet Akeem Lasisi Speaks about His Life

    Video: “Poetry Must Have an Audience” – Lasisi Akeem

    UI Mourn Bamgbose

    UI Mourns Renowned Linguist, Emeritus Professor Ayo Bamgbose

    Udeme is a Political Satire -Akeem Lasisi

    Akeem Lasisi: ‘Udeme’ Uses Romance as a Vehicle for Political Satire

    Dapo Thomas Launch Memoir

    LASU Don, Dapo Thomas, Launches Lagos Boy and Lagos Politics

    Trending Tags

    • Golden globes
    • Climate Change
  • Sports
  • Science
  • Opinion
  • World
No Result
View All Result
  • Home
  • Politics
  • Business
  • Crime
  • Entertainment
    • All
    • Freebies
    Jay-Z and rape allegation

    Jay-Z Accuser Withdraws Rape Allegations

    TINUBU HAILS KING SUNNY ADE AT 80; YOU EXEMPLIFY A LIFE OF MUSICAL EXCELLENCE, CULTURAL AMBASSADORSHIP

    Tinubu Celebrates King Sunny Ade at 80

    PRESIDENT TINUBU MOURNS VETERAN ACTOR OLU JACOBS AT 84

    Tinubu Mourns Olu Jacobs, Hails Veteran Actor’s Legacy

    Olu Jacob Dies @ 84

    Veteran Nollywood Actor Olu Jacobs Dies at 84

    Jude Chukwuka Reveals How Divorce Plunged Him Into Eight-Year Depression

    Actor Jude Chukwuka Opens Up on Marriage, Depression, Sex, Nollywood

    Actress Tayo Odueke Open Up on her Romance with MC Oluomo

    Sikiratu Sindodo Opens Up on MC Oluomo Romance, Reveals How She Battled Coma

    I will Marry Soon - Tosin Olaniyan

    Actress Tosin Olaniyan Reveals Why She Stopped Posting Skits, Says Roles Made People Misjudge Her

    Acting Akintunde Reveals How He Specialised on Crime Role

    Actor Shola Akintunde Reveals How He Became Known for Criminal Roles

    Dolly Parton dies

    Dolly Parton, Country Music Legend and Philanthropist, Dies at 80

    Alabi Ogundepo dies

    Veteran Ijala Chanter, Alabi Ogundepo, Dies at 84

  • Art & Lifestyle
    Niyi Osundare: “Tyrants Want to Control History” — Why Memory Without Remembrance Is Dangerous

    Niyi Osundare: ‘Memory Without Remembrance is Dangerous’ (VIDEO)

    Osundare Urges Political Leaders to Make Nigeria Habitable for All

    Niyi Osundare: ‘Let Us Make Nigeria Habitable’ (VIDEO)

    Africans Sell their Fellows into Slavery — Niyi Osundare

    Niyi Osundare: “We Sold Our Brothers Into Slavery” (VIDEO)

    Niyi Osundare Warns Against Losing Nigerian Talent to Japa

    Niyi Osundare: “Every Writer Needs a Community” (VIDEO)

    Police Arrest Suspected Kidnappers

    ‘Slavery Is Still Very Much With Us in Nigeria’ — Niyi Osundare (VIDEO)

    Niyi Osundare: “Japa Has Killed So Many of Our Talents

    Niyi Osundare: ‘Japa Is Slavery, Nigeria Is Exporting Its Best Brains and Importing Ignorance’ (VIDEO)

    Poet Akeem Lasisi Speaks about His Life

    Video: “Poetry Must Have an Audience” – Lasisi Akeem

    UI Mourn Bamgbose

    UI Mourns Renowned Linguist, Emeritus Professor Ayo Bamgbose

    Udeme is a Political Satire -Akeem Lasisi

    Akeem Lasisi: ‘Udeme’ Uses Romance as a Vehicle for Political Satire

    Dapo Thomas Launch Memoir

    LASU Don, Dapo Thomas, Launches Lagos Boy and Lagos Politics

    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:

  • Share on Facebook (Opens in new window) Facebook
  • 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

Independence Day 2026
Top News

What I See For Nigeria Between October 2026 & October 2027 By Dr. Iyanda Ibadan

by Primestarnews
October 1, 2026
0

Happy Independence Day, Nigeria. Today, October 1, 2026, Nigeria marks 66 years of independence. I have spent considerable time studying...

Read more
APM’s Adekanmbi felicitates Nigerians, calls for unity and renewal at 66th independence anniversary
Nation

Adekanmbi Hails Nigerians at 66, Urges Support for APM Ahead of 2027

by Gbenro Adesina
October 1, 2026
0

The Governorship Candidate of the Allied People’s Movement (APM) in Oyo State, Hon. Bimbo Adekanmbi, has congratulated Nigerians on the...

Read more
Blaming Makinde for Nigeria’s economic woes betrays Alli’s incompetence
Economy

‘You Can’t Blame Makinde for Nigeria’s Hardship’ — Governor’s Aide Tackles Alli

by Gbenro Adesina
October 1, 2026
0

The Special Adviser on Media to the Oyo State Governor, Dr Suliaman Olanrewaju, has rejected allegations from the All Progressives...

Read more
Tinubu Vows to Defeat Poverty for Nigerians
Top News

Tinubu: “We Will Defeat Poverty” as Government Expands Loans, Social Support

by Gbenro Adesina
October 1, 2026
0

President Bola Ahmed Tinubu has declared that his administration will not merely seek to manage poverty but will work to...

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

  • Agriculture
  • Arts & Life
  • Aviation
  • Breaking News
  • Business
  • Crime
  • Economy
  • Editorial
  • Education
  • Energy
  • Entertainment
  • Environment
  • Feature
  • Financial Institutions
  • Freebies
  • General
  • Headline Stories
  • Health
  • Interview
  • Judiciary
  • Labour
  • Legend
  • Letter
  • Media
  • Nation
  • News
  • Opinion
  • Picture of Moment
  • Picture of the Moment
  • Politics
  • Power
  • Religion
  • Science
  • Security
  • Sports
  • Technology
  • Technology Updates
  • Telecommunication
  • 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
%d