Adelekesays his administration revived Osun’s economy

Osun State Governor Ademola Adeleke said his administration has revitalised the state’s economy through targeted investments across multiple sectors.

Spokesperson Olawale Rasheed reported that Adeleke made the remarks while addressing a delegation of the Association of Real Estate Managers and Consultants, which visited the Government House in Osogbo on Tuesday.

The governor noted that the state has allocated several billions of naira to the rehabilitation of roads, schools, health centres and utilities, aiming to deepen the economy and raise the Gross Domestic Product.

“Our infrastructure growth agenda is driving substantial changes in the local economy and real estate sector. Our integrated, multi‑sector plan focused on road networks, urban renewal, and local content policy. This is boosting Osun’s economic development.”

“From 2023 to date, we have committed several billion naira to the infrastructure upgrade of our dear state. Our infrastructure‑driven economic growth creates new economic corridors and urban renewal, reducing traffic congestion in major cities.”

“Our projects prioritise local contractors, engineers, artisans, and construction materials to ensure that funds circulate within the state. I am happy to announce that our administration has put an end to capital flight in Osun governance. Our policies successfully reduced Osun’s infrastructure deficit by over 50 per cent from 2022 to date,” Adeleke said.

He added that government spending on infrastructure has lifted real‑estate values and improved connectivity through graded and paved roads, thereby enhancing accessibility for residents and businesses.

“We have scored a major first in urban expansion and planning. Widening of road networks in cities like Osogbo, Ede, Iwo, Ilesa and Ile‑Ife is pushing development into new areas. This increases opportunities for residential and commercial real estate development.”

Earlier, Association of Real Estate Managers and Consultants President Abiodun Olowoporoku praised the governor for his commitment to expanding the real‑estate sector.

He specifically highlighted the enactment of the real‑estate regulatory bill, calling it a landmark achievement for the state’s property market.

The PUNCH reports that Governor Adeleke is seeking re‑election in the August 15 governorship poll, facing challenges from the All Progressives Congress candidate Bola Oyebamiji and the African Democratic Congress candidate Dr Najeem Salaam.