Governor Rauf Aregbesola of the State of Osun has disclosed that, he has signed agreements with two companies that will provide hangers for Helicopters and all categories of Aircrafts at the Osun Airport under construction at Ido-Osun.
Governor Aregbesola stated this on Tuesday April 29, 2014 while declaring open the first Osun Economic Summit tagged “Orisun Aje 2014″ with the theme “Crux of Economic Developmental master plan, Analyzing radical economic paradigm shift”.
The Economic Summit which is the first of its kind since the creation of the state in 1991, has participants drawn from the academics, financial sector, entrepreneurs and stakeholders in the economic sector within and outside the country.
Aregbesola who identified lack of productivity as the reason for poor economy, enjoined participants at the summit to give their discussion the deserved seriousness and come up with practical solutions on how the state could overcome the challenges of revenue generation.
He stated that the state now has the lowest poverty rate In the country with 3% and promised to make continuous efforts so that the state would depend less on federal allocation.
According to him, the state now generate 1.6 billion naira monthly as IGR as against 300 million Naira he met, the development he attributed to several programmes embarked upon by his administration.
The coordinator of the summit, Mr Abiodun Agboola said the reason for organizing the summit was to enable participants cross-fertilize ideas on how to further improve the state economy.
Some participants who spoke to Bioreports expressed optimism that with several papers presented by stakeholders, the summit would bring a new dawn to the economy of the state.
The two day event is expected to come up with a communiqué.