Sagamu-Papalanto-Ilaro Road Construction Commences, Abiodun Affirms PPP Success
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Ogun State Governor, Prince Dapo Abiodun, has announced the commencement of construction on the Sagamu-Papalanto-Ilaro Road, a project undertaken through a Public Private Partnership (PPP) involving Ogun State, the Federal Government, and the Dangote Group.
Governor Abiodun made this revelation during the opening of the Abeokuta branch of Providus Bank at Oke-Ilewo. He emphasized that this dual carriageway, constructed with concrete, serves as a notable success story in leveraging PPP for the benefit of the public.
Upon completion, this road will alleviate traffic congestion on the Abeokuta-Siun-Sagamu route, a vital link connecting the Ota area to the Lagos-Ibadan Expressway. Additionally, Governor Abiodun underscored that the influx of industries and investments into the state underscores the positive outcomes of his administration’s PPP initiatives.
He further emphasized that the successful execution of various policies and programs, driven by the ISEYA pillars and with strong private sector involvement, demonstrates the potential of effective harnessing of public-private partnerships.
He said: “Ogun is blessed with mineral resources in abundance; two-thirds of our land is sitting on limestone. The gas pipelines that crisscross our state and the conducive environment have brought a lot of industries and businesses to our state.
“Ogun State is the largest producer of cassava in the world, number one producer of poultry and eggs in Nigeria. We are the industrial, religious, and educational capital of Nigeria.
“We have more universities than 3-4 states combined, which means that we are constantly incubating more students than any other state,” the governor said.
He said the state would soon commence the construction of a Dry Port at Kajola to enable manufacturers import their raw materials and route them directly to the state, saying this would increase the State’s ranking on the ease of doing business index.
“This administration has been very deliberate by turning the push factor to pull factor. We will continue to provide the enabling environment for people to come live, work, and play in our State,” he added.
The governor commended the Bank for its giant strides in just seven years of its existence, especially its programmes on the Small and Medium Scale Enterprise which he said is the engine room of the economy, attributing its success to the tenacity and indepth of the management in the banking sector.
The Alake of Egbaland, Oba Aremu Gbadebo, while commending the management of the bank for siting its branch in the State capital, emphasized the need for the bank to make loans available to its customers, as no bank could survive without granting loans, calling on all and sundry to patronize the bank for economic uplightment.
The Managing Director of Bank, Mr. Walter Akpani noted that the bank in the last three years, had organized Small and Medium-Scale Enterprises programmes that attracted about 4,000 people, saying the bank is poised to impart positively on the economic wellbeing of the State.
Akpani described the people of the State as commercial oriented, noting that Abeokuta has been a melting point for good things for long.
He added that his bank, which is one of the best financial institutions in the country, with several awards, is digitally inclined to make a positive impact in the lives of the people of the state.
