In a bid to further develop Oyo State and attract private sector investment, Governor ‘Seyi Makinde has announced plans to revive the abandoned Ikere Gorge Dam in Iseyin. The governor revealed this via his biweekly newsletter tonight. He said he has spoken with investors who have expressed interest in completing the power plant at the dam, with the condition that the access road leading to the dam is improved.
Governor Makinde emphasized the importance of thinking outside the box and turning the state’s comparative advantage into a competitive advantage. He also highlighted the need to create a conducive environment for private sector investment in order to drive economic growth.
The governor’s announcement comes as a positive development for the state, as it continues to attract businesses and investors. Just recently, German investors expressed interest in exploring agriculture opportunities in Oyo State and pledged to establish five industries within the next year. Additionally, investors from Spain have also shown interest in the state.
Governor Makinde acknowledged that tough decisions may need to be made in the course of governance, but reassured the people that their feedback would be taken into consideration. He also emphasized the importance of using available resources to meet the needs of the people and drive developmental projects.
The revival of the Ikere Gorge Dam is expected to not only provide electricity but also create opportunities for economic growth and development in Iseyin and its surrounding areas. With the governor’s commitment to attracting private sector investment and developing infrastructure, Oyo State is poised for continued progress and development.
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