ADVERTISEMENT
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertise Here
  • Login
National Insight News
Advertisement
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Health
  • Tourism
No Result
View All Result
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Health
  • Tourism
No Result
View All Result
National Insight
No Result
View All Result
Home Featured

FG Should Revisit South Korean 100 Million Dollars Loan Deal on Ikere Gorge Dam – Sen. Gbenga Babalola

by NationalInsight
June 24, 2020
in Featured, News
Reading Time: 3min read
0
Ikere Dorge Dam

Ikere Dorge Dam

49
SHARES
613
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp


…..Says Makinde Brought A Breath of Fresh Air Into Governance

The federal government has been urged to approach the Korean government over a loan deal that was meant to resuscitate the abandoned Ikere Gorge Dam project at Iseyin local government in Oyo State.


A member of the 6th Senate from 2007 to 2011, Senator Andrew Gbenga Babalola said this on Wednesday at Ibadan, while addressing journalists on the State of development in Oyo State since the assumption of office of the Seyi Makinde’s administration.

You might also like

Oriire Youth Council Celebrates Chief Adebayo Johnson Bamikole at 80

Amofin Beulah Adeoye Urges Chrisland Graduands to Become Innovators, Change Agents at 7th Convocation Lecture

Alaafin, Oyo Elders Educate Community on 1895 Ogun Pepe and Resistance to Oppression

Load More


Babalola who was the Chairman, Senate Committee on Agriculture in the 6th Senate said the central importance of the Ikere Gorge Dam project moved his committee to approach the Korean government towards the end of his tenure in office for a 100million dollars loan, as the then government was complaining of resources to tackle the project.


He said the conditions of the 20-year loan deal were less stringent and could have paved way for better relationship between the Nigeria and South Korea.


“Towards the end of my tenure as a Senator of the Federal Republic of Nigeria representing Oyo North Senatorial District, after we had looked for various ways to end the unhappy abandonment of the Ikere Gorge Dam, my committee worked with the federal government to approach the government of South Korea for a $100million loan deal that could have solved the problem of reviving that project.

ALSO READ  Makinde Releases Take-off Grant for LAUTECH College of Agriculture Iseyin


“We we’re almost concluding the deal before I exited the Senate, but the dela was left unpursued by the government after I left, the loan was so friendly that it could have been a conductor for better bilateral deals between the two countries.


“I urge the federal government to reopen the loan deal and use it to revive this project so that the dream of our political leaders that put it there would be realized and jobs and viable economy will be achieved.”


Senator Babalola in his assessment of the present administration in Oyo State said governor Seyi Makinde has brought a breath of fresh air into governance in the State, adding that governance has been made to look simple by the governor.


He said in the next twenty-four months, the State should be self-sufficient in terms of payment of salaries and in embarking on social infrastructures without relying on federal allocation.


The economist cum politician hinted that if the governor kept at his style of governance and disallowed politicians from derailing his programmes, the sky would be his limit.


“With the way he has been going, if he does not allow politicians to derail him and he sustains his focus on Agriculture and education with interest in building local economy, then the sky is the limit.


“What attracted me to the man is the breath of fresh air that he has brought in to governance, he has made governance look so simple, no display of unnecessary wealth, I’m sure that is what irks some people that make them resort to criticism.

ALSO READ  Nigeria Stays at 44 as Belgium top FIFA Ranking


“Going this way, I see the State achieving a lot of development, my advise to governor Makinde is that he should stick to his agenda for agriculture, though there is need for more energy and support for farmers in other areas like Iseyin and the rest of Oke-Ogun like he has given interest to Ibadan and Eruwa farm settlements,” he pointed.

author avatar
NationalInsight
See Full Bio
Tags: IKERE GOEORGE DAMiseyinSenator Gbenga Babalola
Share20Tweet12Send
Previous Post

Pedro, William to Stay In Chelsea Until the End of the Season

Next Post

Comrade Ayodele Akele’s Death is a Great Loss- Gani Adams

NationalInsight

NationalInsight

Related Posts

#image_title
Featured

Oriire Youth Council Celebrates Chief Adebayo Johnson Bamikole at 80

by NationalInsight
November 1, 2025
214
Amofin Beaulah Adeoye
Featured

Amofin Beulah Adeoye Urges Chrisland Graduands to Become Innovators, Change Agents at 7th Convocation Lecture

by NationalInsight
November 1, 2025
211
#image_title
Featured

Alaafin, Oyo Elders Educate Community on 1895 Ogun Pepe and Resistance to Oppression

by NationalInsight
November 1, 2025
236
Mr. Adekunle Habeeb
Featured

Lumar Auto Set to Explore Ibadan Market with Exotic Cars

by NationalInsight
November 1, 2025
252
Ekiti State to Host Public Engagement on Tourism Policy This Tuesday
News

₦1.8 Billion Governor’s Lodge? Oyebanji Must Be Probed!

by NationalInsight
November 1, 2025
212
Next Post

Comrade Ayodele Akele's Death is a Great Loss- Gani Adams

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest Post

#image_title

Oriire Youth Council Celebrates Chief Adebayo Johnson Bamikole at 80

November 1, 2025
214
Amofin Beaulah Adeoye

Amofin Beulah Adeoye Urges Chrisland Graduands to Become Innovators, Change Agents at 7th Convocation Lecture

November 1, 2025
211
#image_title

Alaafin, Oyo Elders Educate Community on 1895 Ogun Pepe and Resistance to Oppression

November 1, 2025
236
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertise Here

Recent Posts

  • Oriire Youth Council Celebrates Chief Adebayo Johnson Bamikole at 80
  • Amofin Beulah Adeoye Urges Chrisland Graduands to Become Innovators, Change Agents at 7th Convocation Lecture
  • Alaafin, Oyo Elders Educate Community on 1895 Ogun Pepe and Resistance to Oppression

Copyright © 2020 National Insight News

No Result
View All Result
  • Politics
  • Entertainment
  • News
    • Business
    • Health
    • Tourism
  • Sports
  • Contact Us
  • Privacy Policy

Copyright © 2020 National Insight News

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
WP Twitter Auto Publish Powered By : XYZScripts.com