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Osun State Government owned investment agency, Osun State Investment Company Limited (OSICOL) has recorded over 700% turn over in the last six years.
The investment fortune has grown from about 300million in 2011 to about 2.6billion in 2017.
In the company’s balance sheet made available to newsmen in Osogbo revealed that the turn over represent 760% growth increment in the last six years when Aregbesola administration came on board.

A product of the company, Essence Table Water which is on high demand boost and encourages revenue base of the company.
The General Manager of OSICOL, Mrs. H. I Amade while speaking with newsmen said that the company made high sales from the water because it circulated and accepted across the country.
She noted that the improvement was achievable through Governor Rauf Aregbesola’s unflinching support for the company’s course.
According to her,  “In line of producing healthy water, most water company failed to avoid the presence of mercury in their processed water. Mercury, an element which naturally is found in air, water and soil can cause serious damage to the body when exposed to even a little of the substance.
“When exposed to mercury, the nervous, digestive and immune systems, lungs, kidney and even the skin might be affected. Mercury also exists in various forms (metallic, inorganic and organic) and these forms determine the extent of health hazard on people exposed to it.

“This is what our company has prevented in the production of our table water and it has become a driven force to our impressive revenue annually”, she added.
Mrs Amade attributed the tremendous improvement in the company’s revenue base to Governor Rauf Aregbesola’s determination and dynamism adding that the company has sustained the acceptability strength of its table water production as it is now one of the leading brands in the array of similar products in the south western Nigeria.‎
The OSICOL General Manager revealed that medical experts have seen and acknowledged the quality of the water production just as it is being recommended for use in hospitals as well as it is makeup derived from well researched materials.
She attributed the wide acceptance of the product as well as the recommendation given by the medical practitioners to mercury free value which she said has distinguished it in market.
“Aside OSICOL Water, the company has nearly completed the biggest gas station in Osogbo, the Osun State capital, delved into real estate with properties in Lagos and Abuja, the federal capital territory coupled with about 526 hectares of land in cultivating cocoa in Ibokun.
“The Osun State Investment Company Limited has also won several awards and recognition in commemoration of its excellence in being one of the leading Investment platforms in the south western part of the country.
“OSICOL has embarked on diverse business ventures as part of efforts to boost the state’s internally generated revenue drive, create wealth and sustain its economic self-reliance.
“The company which was established in 1991 has various business interests, among them, are manufacturing, bulk purchasing, training and consultancy, sales and distribution, real estate, agriculture among others”, she affirmed.

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An inter-denominational prayer was held yesterday in Iwo, Osun State, for the speedy recovery of President Muhammadu Buhari.
 

 
The prayers featured Islamic, Christian and traditional clerics.
It was held at the palace of the Oluwo of Iwo, Oba Abdul-Rasheed Adewale Akanbi.
Personalities at the prayers included the President’s wife, Hajia Aisha Buhari, who was represented by the wife of the Secretary to the Oyo State Government (SSG), Mrs. Halimot Alli.

Others include the Aare Musulumi of Yorubaland, Alhaji Daud Makanjuola, Oyo State House of Assembly Deputy Speaker Musa Abdul-Wasiu, traditional rulers and Iwo chiefs.

Mrs. Buhari expressed gratitude to the Oluwo and others Nigerians for their prayers for her husband.
She called for continued support for the Buhari administration.
The Iwo Muslim community, led by the Chief Imam, Sheikh Abdulfatai Olododo, who was represented by through Sheik Abdul Mumin, stressed the need for religious tolerance among religious groups.
Iwo Chairman of the Christian Association of Nigeria (CAN), Pastor Caleb Ayoola, as well as Rev. Niyi Akinola, who read from 2 Chronicles 7: 14, noted that God is the utmost healer.

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A delegation from the Federal Government’s Social Investment Programme, N-POWER today paid a commendation visit to volunteers who organized remedial summer classes for pupils in SSS1 to SSS3 in Ilesa East Local Government area of the state of Osun.
 

 
 
Speaking during the visit, Mr. Afolabi Imoukhuede, Senior Special Assistant to the President on Job Creation and Youth Employment, who was represented by N-POWER Project Adviser, Mr. Kabir Aregbesola commended the volunteers for carrying out the community service, which is outside their primary assignment.
“You are fulfilling the very essence for which N-POWER was created, that is, adding value to the community where you serve. You are paid a token for contributing positively to your communities.
“I’m happy to know you haven’t stopped working because the schools where you serve are on holiday. You came up with this wonderful initiative to give back to the society, for this, N-POWER is encouraged,” Afolabi said.
He continued, “We want this to serve as example to other beneficiaries in other areas of the state and in the country at large. The essence of this initiative is to create a platform where people can serve their community, and you have chosen to give back in an area that is unquantifiable. This will in no small way improve the performance of pupils in Ilesa East. We are proud of your activities and it will be rewarded.”
Earlier, the Chairman of N-POWER volunteers in Ilesa East, Ojo Oladimeji whilst delivering his welcome address said 30 amongst a total of 496 volunteers deployed to Ilesa East are participating in the teaching exercise which simultaneously holds in three schools; St. Margaret’s Secondary School 1, St. Margaret’s Secondary School 2 and Obokun High School.
“Sir, 700 students are presently benefitting from this free summer coaching school. The student cuts across SSS1-SSS3. We packaged the programme to keep our student busy throughout this holiday period. We started on the 1st of August and hope to wrap this up on the 31st of August.”
Meanwhile, the commissioner for Education in the state of Osun, Mr. Kola Omotunde-Young who was represented by the Director of Schools, Mrs. Olufunke Adeyeye appreciated the Federal Government for investing in various social programmes.
“N-POWER is an upgraded version of our own Osun Youth Empowerment Scheme, OYES. We thank the Federal Government for making this scheme available, as volunteers in the state school system have consistently added value by providing quality and quantitative education for our students in primary and secondary schools.
Omotunde-Young said, “This type of intervention could be the only saving grace for many students when it’s time to write their final examination. On behalf of the state, I thank you for your selfless service.”
Dignitaries who attended the reception includes Deputy Director Schools, Osun Ministry of Education, Mr. Akinloye Oyebanji; representation of N-POWER focal person in Osun, Ms. Toyin Akinpelu; Head of Strategic Communications, Policy and Economic Team of the Governor, Mr. Kikiowo Ileowo; Host Principal, St. Margaret Secondary School 1, Mrs. B.A. Komlafe; Principal, St. Margaret Secondary School 2, Dr. Mrs. R.O. Aluko; Principal, Obokun High School, Prince Ogunmoke; representatives of the National Ofientation Agency, NOA and Chairman, Osun N-POWER Volunteers’ Forum, Mr. Gbogboade Dotun amongst many others.

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In a bid to enhance speedy administration of justice in Osun, Governor of the state, Ogbeni Rauf Aregbesola on Wednesday commissioned the Justice Research Center in Osogbo, just he says effective judicial system will aid economic growth.
 

 
The center situated in the premises of the State high court of justice complex, is equipped with state of the art facilities for research and speedy judicial service delivery.
Facilities at the center include: a server room, 30 computer sets, internet facilities, printers, scanners, 20KVA inverter that can run for twenty four hours among others.
Speaking at the commissioning of the project put together by the United Nations Office on Drugs and Crime (UNODC) in collaboration with the European Union (EU), Ogbeni Aregbesola assured the donors that the state will ensure that the center is accessed from any part of the state within four months.
The governor emphasised the need for every individual to have access to justice as it is one one of the ways through which the economy can also grow.
Aregbesola pointed out that no economy can grow where there is injustice, stressing that no investor would want to put money in a society where adequate justice delivery system is lacking.
He assured the donor agency of the state’s readiness to make maximum use of the facility, stressing that the center will be widely publicised and guided jealously.
He said, “we want everyone to have access to justice in our state, we want criminals and the recipient’s of the crime to have access to easy justice, that’s why we are happy about this.
“Many people don’t know that the growth of any economy is also tied to the efficient and speedy delivery of justice in such a society.
“The economy can not grow when there is no justice, I can absolutely tell you that nobody will be ready to put his money in a society where there is no adequate dispensation of justice.
“We are so happy about what you have given to us through this center, I assure you that we will make good use of it, we will publicise it and make sure it is accessible to whoever needs it.
“I want you to know that I will commission our Ministry of Innovation,Science and Technology to work and see to it that this center can be accesed from any part of the state within the next four months”. Aregbesola stated.
In an address, ChiefJudge of the state, Hon.Justice Adepele Ojo said the establishment of the center is in a bid to take justice delivery in the state to a world standard.
She explained that the centre will aid judicial workers in the state to be at par with their peers from any part of the world, while also appealing to the donor agency to continue to remember the state with more interventions.
“This center will go a long way in enhancing justice delivery in the state and assist judiciary  workers in the state to raise their standards in terms of justice delivery.
“The overall idea of this is to deliver a world class research center on the judiciary in a bid to make our judiciary workers stand shoulder high among their peers.
Attorney General and Commissioner for Justice, Barrister Bashiru Ajibola while delivering a goodwill message noted that any contribution to the judiciary is highly important to the governor of the state as it will ensure fair judgement to all.
He charged all stakeholders in the judiciary sector to work in harmony in a bid to promote fair justice delivery to all and sundary in the state.
He commended the efforts of the UNODC for counting Osun worthy of the center, stressing that it goes a long way in emphasising the importance of Osun to the entire world.
According to the Attorney General, “all hands must be on deck to take judicial delivery to the next level in every nook and cranny of the world in a bid to aid smooth judicial service delivery.
“Judicial delivery all over the world has gone digital for it to be quickly delivered, judicial workers need to engage in research and modern methods of delivery for justice not to be delayed or denied.
“We are happy for this judiciary  research center because it is obvious that this will go a long way in assisting justice  delivery in our state. Ajibola stated.
Representative of the UNODC, Miss Christina Albertini stated that the aim of the project is to assist governments across the world to be able to uphold the rule of law to all and sundary.
She added that it is also to assist judiciary  workers to enhance their capacity through information and communication technology, while urging the state to make good use of the facility.
“We will continue to do all we can as an organisation to see that equitable justice is delivered to all at all times.
“We don’t want anyone to be denied of access to justice “. Miss Albertini stated.

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THE crisis which led to the closure of Ladoke Akintola University of Technology (LAUTECH) in Ogbomoso, Oyo State, will soon be resolved, its Pro-chancellor, Prof Oladapo Afolabi, has said.
Afolabi, who chairs the Governing Council, spoke to reporters in Osogbo, the Osun State capital.
 

 
 
Other council members, the Vice-Chancellor (VC), Prof Adeniyi Gbadegesin, and his fellow principal officers were at the briefing.
The school was shut five months ago, following the management’s inability to pay workers for 10 months.

Afolabi, a former Head of Service of the Federation, said he was optimistic about early resolution of the crisis, stressing that he and other members of the council would renew their determination to restore the lost glory of LAUTECH.

He said the council was inaugurated at a time the institution is in its trying moment, assuring that they had accepted the challenges and were ready to ensure all issues causing perennial crisis at the institution, including funding, would be addressed.
The professor of Chemistry said the council would interact more with employees through their unions in order to gain their confidence and to boost their morale. He added that the council would also meet with students and other stakeholders, including governors of Osun and Oyo, former VCs, Soun of Ogbomoso, among others to ensure that the crisis is permanently resolved.
Afolabi said: “We had our inaugural meeting at the main campus in Ogbomoso on August 9, 2017 and created a 90-day action plan which has started in earnest. Consultations have been held with the various unions, parents’ forum and traditional rulers.
“We have also engaged the service of an auditing firm to ascertain the financial standing of the institution. We are expecting an interim report from the firm in a matter of days. It is this report we will be presenting to the visitors to the university. We have high hope that submission of this report would go a long way in bringing get a lasting solution to the problems of LAUTECH.
“From various interactions the council has had with the diverse stakeholders, we have realised that we are on the same page, working towards the same goal. The council will spare no efforts to get the university re-open for students to continue with their studies and move on with their academic pursuits. The students have pledged their cooperation to abide by any decision taken, if that would make the university to work again.

“We are optimistic of early resolution of the crisis rocking the institution. Government is committed to bringing back a formidable school, while council and management are more determined to ensure an enduring legacy.We hope that this effort would lead to resumption of activities in the institution in a matter of days and not months. In about 20 days, we should be able to give the public an update on resumption.”

Afolabi promised that the council would ensure accountability in the spending of the institution’s funds and would not become a burden to the two owner states. He said there would be judicious use of subventions released by the government to run the institution.

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The audit report on Ladoke Akintola University of Technology (LAUTECH), Ogbomosho, may be presented to the owner-states tomorrow.
 

 
Oyo State Commissioner for Education, Science and Technology Prof. Adeniyi Olowofela announced this yesterday in Ibadan, the state capital, while featuring on a radio programme.
He said the management of the institution finally agreed to the call by the two owner states to audit the institution as a way of resolving its perennial and protracted crises.
Assuring  the general public that the audit report will fast-track resolution of the crisis, the commissioner said work was in top gear to ensure the school’s crises are resolved soon.

He said the Ibadan Technical University (TechU) would not get prefential treatment over LAUTECH.

According to him, TechU’s fee stands at about N900,000 to make it self-sufficient and self-dependent.
Olowofela said the technical university was built for people who can afford its fees.
The commissioner said there were modalities to resolve LAUTECH’s crisis in the interest of the people.
On why LAUTECH’s crisis lingered, Olowofela said there were intricacies in the university’s administration.
According to him, Osun State, which is a co-owner, has a university, which is self-financing, although it was established years after LAUTECH.

Olowofela said there was no reason for LAUTECH to be different.

He said: “The position of Osun State government was that if its university, which was established 12 years ago, can be self-financing, LAUTECH, which has been established for 20 years plus, must be self-financing as well, especially now that there’s dwindling allocation to states from the Federal Government.”
Olowofela noted that to show their seriousness towards the institution, the two states, last January, committed N292 million each to solve problems in the school.
The commissioner said they jointly approved the audit of the school by KPMG.
He recalled that between 2011 and 2017, the Oyo State government single-handedly spent N10.2 billion on LAUTECH, N8.3 billion on LAUTECH Teaching Hospital at Ogbomoso in Oyo State and N3.7 billion on LAUTECH Teaching Hospital at Oshogbo in Osun State.
Olowofela added that if the Oyo State government was not serious about LAUTECH, it would not have spent N22 billion on the institution.

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The Governor of the State of Osun, Ogbeni Rauf Adesoji Aregbesola will tomorrow(Wednesday 23rd of August, 2017 )at 12noon commission the Justice Research Center which is newly established and equipped at the State of Osun High Court of Justice Complex, Ilobu road, Osogbo.

 
This was contained in a statement issued by the Chief Registrar of the State High Court, Mr. Lawrence Olawale Arojo.
According to the statement, the Research Center was provided courtesy of the United Nations Office on Drugs and Crime (UNODC) in collaboration with the European Union (EU).
Arojo said the Center is an ultra modern and internet connected center of world class standard.
He noted that the research center will be of immense benefit to Judges, Magistrates, Lawyers, Court users and other stakeholders in the justice delivery sector.

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The present administration has reiterated its commitment to the training and retraining of its workforce in a bid to boost their morale and promote efficiency.
This was stated today by the chairman Local Government Service Commission, Elder Peter Babalola during the opening ceremony of the third phase of the workshop titled “EFFECTIVE LEADERSHIP MANAGEMENT IN THE LOCAL GOVERNMENT ADMINISTRATION” for Heads of Department of works, Town planing and Agric held at the Local Government Service Commission multipurpose hall.
Elder Babalola maintained that all Heads of Departments at the local government level must contribute their quota by working assiduously for revenue drive and generation in order to cushion governments efforts.
He noted that,the training is designed to enhance participants managerial skills through the exposure to modern management techniques as well as to inculcate in them prudent financial management through adherence to basic rules and regulations.
In his address of welcome,the permanent secretary Local Government Service Commission, Mr Dayo Olaluwoye explained that there Is need for Heads of Department to build their capacities both intellectually and psychologically in order to adequately fit into the process of achieving the present administration’s policy objectives for local Governments.
He emphasised that, the workshop is necessary at this point in time to improve the managerial skills of all Heads of Departments in local governments so that they can fulfill their statutory roles effectively.
Mr Olaluwoye then applauded the state governor, Ogbeni Rauf Aregbesola for making the training programme a reality inspite of the present economic crunch.
Also, speaking at the occasion, the Managing Consultant of FIDARET VENTRURE LIMITED, Elder Olufemi Adelowokan stressed that the workshop is expedient to fill the perceived skill gap noticed in the officers as a result of their movement to higher level of responsibility in new Council-Manager system.
He then urged participants to approach the training programme with total commitment so as to derive maximum benefit from it.

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The Special Adviser to the Governor on Water Resources, Rural and Community Development, Honourable Babatunde Ibirogba has identified community development association as a veritable tool for development and progress.

Honourable Babatunde Ibirogba made this known today while declaring open post election workshop for the newly elected Community Development Executives held at the Pastoral Center, Ede.

The Special Adviser explained that the theme of the workshop, Community Development Council :a tool for Societal  Transformation is geared towards community upliftment which is in line with the six -point integral action plan of the present administration in the state.

Honourable Ibirogba congratulated the new executives and charged them to render selfless service to their communities and the  State saying that government needs their support and cooperation in the onerous task of developing the state.

The Director of Community Development Department, Mrs Hannah Mosadomi thanked Ogbeni Rauf Aregbesola for promoting peace and harmonious relationship through Community Development Associations.
The Chairman, State of Osun Community Development Council, Alhaji Issa Abubakar pledged the support of the Council for the government of Ogbeni Rauf Aregbesola saying Ogbeni Aregbesola developmental efforts in the state is highly appreciated.

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Hope of the completion of Moshood Kashimawo Abiola (MKO) International Airport, located in Ido Osun brightened over the weekend as the Turkish government indicated its interest to collaborate with Osun State government on the project.

 

 
The Turkish government also expressed its readiness to partner Osun on trade, commerce and industrial revolution so as to aid the state in its effort to improve on the socio-economic wellbeing of its people.
Speaking during a courtesy visit to Governor Rauf Aregbesola at Obafemi Awolowo Osun Governor’s Lodge, in Abuja, theTurkish Ambassador to Nigeria, Mr Hakan Cakil disclosed that efforts had reached the climax to support the state at completing the MKO Abiola International Airport, a development which he said will open windows for better relations between Nigeria and Turkey.
He said the decision to partner the state was aimed at complementing the efforts being put together by the Aregbesola’s administration at giving the state a befitting airport, just as he commended the state for coming up with the idea of having a unique international airport, capable of being a model in Nigeria and by extension, Africa.
Cakil assured Aregbesola that the partnering company, Biray Construction Company,‎ had the full the backing of the Turkish government, expressing optimism that quality job will be delivered at the end of it all.
He therefore assured that the execution of the airport will not only foster good relationship between the Osun State and Turkey, but also provide ample business opportunities between the partnering governments.
In his remarks, the chairman, Biray Construction Company, Birol Arikan‎ assured Osun State government of quality service delivery, stressing that the company possess the capacity to deliver on its mandate when being given a partnership, which he said will to turn around ‎the airport.
According to him, ‎”We are well known to this project. This is what we do most. We have been on ground for long. We have been operating since 2002. We ha‎‎ve handled such projects across the country. So, when we begin, all efforts will be made to make MKO Abiola International Airport of international standard”.
Earlier in his speech, the facilitator of the partnership, Ambassador Nurudeen Ogunlade announced that the firm, All Works of life Development Organization, had completed all it entails, including obtaining the first tranche of funds through the EXIM Bank of Turkey to begin the construction, upon the signing of concessional agreement between Osun and Biray Construction Group.‎
While responding, Aregbesola, said his administration will muster the political will needed to complete the project, contending that  no efforts will be spared to turn around the economy of the state for the betterment of all and sundry.
He said his administration had done much to bring a facelift to the state, particularly in infrastructure development, a move which, according to him, had turned Osogbo, the state capital, into a mega city.

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