The Olumirin Waterfalls in Erin-Ijesha, Osun state will soon be developed into a tourist site, in theNEXT 16 months.
The cost is estimated at $17 millionDOLLARS.
A tripartite Memorandum of Understanding among theINVESTORS, the government of the state of Osun and the community wasSIGNED TODAY in Erin Ijesha.
GeneralMANAGER Osun Tourism Board, Mr Abiodun Balogun described the development as a milestone in the history of tourism development in the state
Mr Balogun, who denied the sale of the site, assured the people of the area that the government would ensure that the investors comply with the spirit of the MOU.
ONEof the leaders of the community, Senator Mojisoluwa Akinfenwa said efforts had been made in the past to get government involved in the development of the site and commended the state Governor for its foresight.
The Director of operations of theINVESTING company, Mr Ladi Wilkey, said the project would be completed within 16months.