The Osun State House of Assembly has approved the #273,908,997,410 appropriation bill for the 2024 fiscal year in the State
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The Executive Governor of Osun State, Senator Ademola Adeleke has congratulated his Special Adviser on Tax Matters, Hon. Kamorudeen Ajisafe, popularly known as Kosolowe, on the occasion of his birthday, eulogizing him as a dependable ally.
osunstate.gov.ng 21/12/23
It has come to our notice some mischievous information being peddled on social media concerning the planned termination of the lease agreement between our company, Osun State Investment Company Limited, the owner of the Mega Station at Abere, Osun State and NNPCL
Osun State Investment Company Limited, a limited liability company set up under the Company and Allied Matters Act entered into a 10-year leasing agreement with NNPCL in 2018 for the running of the company’s newly built Mega Station at Abere.
The new management of the company, in line with best practices did a general review of the businesses and all contractual agreements considering the poor state of the business and to shore up the revenue base.
This is how we discovered to our dismay that the leasing contractual agreements done was lopsided in favour of the Lesee and our company at a financial disadvantage. It’s like the notorious P&ID contract.
Those that did the agreement from our side must have agreed to the poor terms for reasons best known to them but definitely not in the interest of either the company, state or the citizens.
Very ridiculous money was paid for the ten years’ leasing, with NOTHING coming to the company either monthly or annually. And out of this paltry sum, OSICOL is still the one paying the annual insurance on the property.
The mega station is also poorly operated as they hardly have petrol to sell to the people. Most times, sales are done through one pump with long queues of buyers.
After our letter, as expected, the local management of NNPC had a meeting with us and promised to have a second look at the agreement and come up with favorable terms that would ensure a win-win situation between the two organisations.
So, the issue of selling is in the figment of the imagination of the social media servants of those that have been exploiting our organisation in the past five years.
Those that benefited from the previous terms are the ones that are jittery and paying for this campaign of calumny.
E-Signed
Taofik Kolawole Alimi
Managing Director
Osun State Investment Company
(Subsidiary of Omoluabi Holdings Limited)
December 20th, 2023.
Sequel to a near perfect semblance of peace and orderliness that has returned to the hitherto warring communities of Ifon and Ilobu in Irepodun local government, Osun state Governor, Senator Ademola Adeleke, has directed that, with effect from tomorrow, Wednesday, the 20th of December, 2023, the curfew imposed on the two communities be lifted forthwith.
The Executive Governor of Osun State, Senator Ademola Adeleke has rejoiced with a former President of the Nigerian Senate, Senator Bukola Saraki on the auspicious occasion of his 61st birthday, hailing him as a consummate politician with strong flare for development.
Our attention has been drawn to a fake news published by a platform known for its consistent spreading of false news which is increasingly bringing pressure for the invocation of the cyber crime act.
The Executive Governor of Osun State, Senator Ademola Adeleke has felicitated with the Vice Chancellor of the Osun State University, Professor Clement Odunayo Adebooye, as he marks a new age, acknowledging the pivotal role that his transformative vision is playing in shaping the future of the esteemed institution.
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The Executive Governor of Osun State, Senator Ademola Adeleke, has arrived in Nigeria after a month of working vacation outside the country.
Osun state government has announced the results of its investigation into the alleged food poisoning of some pupils at Osogbo, declaring that the pupils were not poisoned under the Osun Home Grown School Feeding Programme, O’Meals