Makinde Vows To Reduce Infrastructural Deficit In Oyo

Governor Seyi Makinde of Oyo State has restated his commitment toward reducing infrastructural deficit in the state.
Makinde stated this in Ibadan while flagging off the reconstruction of the 21-kilometre Airport – Ajia – New Ife express road  on Wednesday.
Our source reports that the road project was awarded to an indigenous contractor, Messrs Peculiar Ultimate Concerns Ltd, at a cost of N8.5 billion.
The project is expected to be completed and delivered within 12 months.
The governor called for more funds to tackle the infrastructural deficit in the country.
To boost economic growth, the governor said “ we must strategise on how to increase our spending on infrastructure.
“And this is how economies work; investors will only go where they can be assured of profits.
“ If we do not develop basic infrastructure like roads, it will affect the cost of production, which in turn means less profit for investors.
“So, we cannot be seriously discussing attracting investment into Oyo State when  majority of roads and other infrastructure are in a state of disrepair,” he said.