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Osun begins Interview for shortlisted Teachers across the State | GOVERNOR ADELEKE CELEBRATES TUNJI ADELEKE ON HIS BIRTHDAY | Remain Steadfast and Avoid Distractions, Governor Adeleke Tasks Osun PDP Members. | GOVERNOR ADELEKE CELEBRATES RENOWNED PUBLISHER, SEYE KEHINDE AT 60 | Governor Adeleke Commissions Isiaka Adeleke Resource Centre Donated to Adeleke University by Hon Bamidele Salam. | Revenue Generation: Osun Adopts Unified Ticketing System for Commercial Motorcycle/Tricycle Riders. | Governor Adeleke Pays Emotional Tribute to Late Brother, Senator Isiaka Adeleke, on 8th Anniversary. | EASTER: KEEP HOPE ALIVE FOR THE PROMISE OF BETTER DAYS AHEAD ,GOVERNOR ADELEKE ENJOINS OSUN PEOPLE | Governor Adeleke to Attend Investment Summit and Commonwealth Trade & Investment Forum in London. | Alternative High School for Girls: Operations Will Commence Soon – Osun Govt Insists | Governor Adeleke Directs Police Commissioner to Stop Tax Extortion & Forgery by Yes/No Council Chairmen. | RE: BORIPE LG INAUGURATES MARKET TASK FORCE: OSUN STATE GOVERNMENT WARNS ALL TO DISREGARD ILLEGAL ACT. | GOVERNOR ADELEKE MOURNS PASSING OF OSUN APC CHIEFTAIN, DR ADEKUNLE ADENIJI. | Osun APC in Identity Crisis, Scared of Governor Adeleke’s Local and National Acceptability. | Governor Adeleke Fosters Cultural Tourism at British Museum, Links UK, Osun Businesses in B2B Conference | Governor Adeleke Seeks UK Subnational Investment, Signs MOU on Investment Facilitation | Ifon- Ilobu- Erin Osun Communal Disputes: Governor Adeleke relaxes 24 hours curfew to 12. | GOVERNOR ADELEKE MOURNS PASSING OF EX-OYO GOVERNOR, PA OLUNLOYO. | COURT-SACKED YES/NO CHAIRMEN: OSUN APC RAISED FALSE ALARM | Governor Adeleke to Attend Investment Summit and Commonwealth Trade & Investment Forum in London. | NULGE National leadership commends Governor Adeleke’s Leadership Ingenuity Maturity
Commission Project Now  +  Spread payment of multiple months

Commission Project Now + Spread payment over multiple months

To realize its ambitious infrastructure projects, the state is partnering the financial sector as well as reputable infrastructure developers to  evolve an innovative and cost-efficient mechanism of funding the projects.

This innovative mechanism, popularly tagged, Osun Financial Re-engineering has allowed the state to concurrently execute multiple strategic projects, a development that is unprecedented in the state’s history.

Financial re-engineering has allowed the state, to literarily, Build Now and Pay over time. For a number of the projects being implemented, the mechanism allows the State to leverage on its revenues projections in the mid term to spread payments for infrastructure payment over periods of 24-36 months.

This mechanism delivers the benefits of

  • Optimum Revenue leverage, as the State can execute projects in the present, but pay based on it projected revenue over a three-year period.
  • Early Return on Investments, as most projects will be delivered and start to render services, before repayment is completed.
  • Inflation Proof Cost, as the cost of commissioning and executing projects in the present, would be devoid of inflation costs of executing same project in the future.

The financial re-engineering mechanism being pioneered by the state of Osun is a novel means for Infrastructure Financing within the Nigerian public sector. This has won the state commendations from the finance industry,  like that of the Nigerian Infrastructure Bank PLC.

See more http://www.punchng.com/business/industry/infrastructure-bank-osun-complete-negotiation-on-n17-8bn-road/
 

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