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

Oyo Govt To Use France’s 55m Euros Loan To Upgrade Adeoyo Hospital, Others

by NationalInsight
January 31, 2023
in Featured, News
Reading Time: 3min read
0
2
SHARES
1.2k
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp

Oyo State government has signed a twin Memorandum of Understanding (MoU) with the French Government to promote a new healthcare initiative and the teaching of French language in the state.

https://aouniversity.edu.ng/ https://aouniversity.edu.ng/ https://aouniversity.edu.ng/

Governor ‘Seyi Makinde, who spoke after the signing of the MoU, held at the Executive Council Chambers of the Governor’s Office, Agodi, Ibadan, where the French government was represented by the French Ambassador to Nigeria, Her Excellency (Mrs.) Emmanuelle Blatmann, said that the relationship will help the state in area of commerce, business, labour and education.

He explained that despite the popularity and wide usage of English in Nigeria, it is obvious that French is a major language of international relations capable of boosting commerce, labour, growth and development.

You might also like

Again, Philanthropist Monsur Ayoade Ejide Donates Equipment to LAUTECH

UK Raises Visa Fees for Nigerians, New Rates Take Effect April 8

IBEDC Appoints Deolu Ijose as New MD/CEO

Load More

A statement by the Chief Press Secretary to the governor, Mr. Taiwo Adisa, indicated that the MoU is predicated on a 55m euros loan granted by the French government to Oyo State.

The statement added that the concessionaire loan will be used for the upgrading of Adeoyo State Hospital and other general hospitals across the geopolitical zones of the state.

Speaking at the MoU Signing ceremony, Governor Makinde said: “Let me specially welcome the France Ambassador to Nigeria to Oyo State.

“We are here for a two-pronged engagement, and the entire state is excited because the first agreement, which is on the initiative for health care delivery in Oyo State, is heartwarming. “In 2019, I campaigned on four major pillars, which are health, education, security, and expansion of our economy. Now, the initiative is unfolding before us.

“Again, on the other side of the Memorandum of Understanding, Education is also tied into a major pillar for us, which is crucial. So, we thank you for supporting us. Regarding the commercial agreement on the health care initiative, the Honourable Attorney-General already gave out the data on concessionary loans.

ALSO READ  Alao Akala Commiserates With Ayantayo Ayandele's Family

“This agreement we just signed, and we look forward to the agribusiness side of it. The AG has said the loan is in 40 years maturity, which will be a long journey. So, I really want to thank you for this on behalf of the people of Oyo State.

“People may wonder how we could get such a low-interest loan facility – 0.009. I don’t think we can have it better anywhere in the world.

“The second, which is the Memorandum of Understanding that promotes the French language in Oyo State, you will recall that in 2021, we acceded to the request by the French government to release funds for a block of four classrooms with an office building at the Centre for French Language. So, this is what we are building on.

“Recently, we also had the Emmanuel Alayande College of Education upgraded to a University of Education, which will be for training of teachers. We can leverage on that.
“Despite the popularity and wide usage of English in Nigeria and Oyo State, French is a major language of international relations.

“So, it is not out of place that we are signing an MoU to promote the French language in Oyo State. You will also help us with commerce, business, and labor.

“So, let me thank you, Ambassador and the team, for this visit. We hope you will come again as we continue to build on this mutually beneficial relationship. “Two days ago, I was at Igbeti, and one of the requests they put before me was to upgrade the general hospital, and now that they are listening to me, it is going to be upgraded.

ALSO READ  I Created New Emirates to Strengthen Traditional Institution in Kano- Ganduje

“I want to assure you that the next time you come to Oyo State, we will still be here because we know the people will give us four more years.”

Speaking earlier, the French Ambassador to Nigeria, Her Excellency, Mrs. Blatmann, revealed that the concessionaire loan is the first in three decades from the French government to Nigeria, adding that it will help in the provision of quality healthcare, qualitative education and enhance globalization.

“It is a great honour for me and my team to be here today. I wish to remind us that this is the first intentional loan granted by the French treasury for more than three decades and the first to come into the health sector in Nigeria.

“Oyo State is the main partner we have and it is only fair that we start here. We are very proud of Oyo State. We are contributing to confirm the status of the pacesetter state. So, this project explains the relationship between Oyo and France,” she said.

In his address, the state’s Attorney-General and Commissioner of Justice, Professor Oyelowo Oyewo, SAN, said that the concessionaire loan of 55 million Euros acquired from the French government for the healthcare initiative will be paid back in 40 years with the interest rate of 0.0009.

Government officials who graced the occasion include, former Deputy Governor in the state, Ambassador Taofeek Arapaja, Oyo State first female speaker, Senator Monsurat Sumonu, Commissioners and other top government functionaries.

 

author avatar
NationalInsight
See Full Bio
ALSO READ  Court Adjourns Arraignment of Binance Executive till April 8
Tags: (Mrs.) Emmanuelle BlatmannMemorandum of Understanding (MoU
Share38Tweet24Send
Previous Post

Oyo SDP Guber Candidate Charges FG to Intervene on Petrol Price

Next Post

Okere, Others Declare Support for Makinde’s Re-election Bid as Gov Promises to Fix More Roads, Boosts Economy

NationalInsight

NationalInsight

Related Posts

#image_title
Featured

Four Arrested For Allegedly Impersonating Wike To Dupe Military Officer, Others Of Over N150m

by NationalInsight
March 26, 2026
103
Senator Rasidi Ladoja
Featured

Olubadan Warns Land Grabbers to Stay Off Ibadan Land

by NationalInsight
March 25, 2026
102
Otunba Adebayo Alao-Akala: The Man, His Legacy, and Enduring Impact (1950–2022)
Featured

Oyo Professionals Raise Alarm Over ‘Politically Motivated’ Allegations Against Late Alao Akala

by NationalInsight
March 25, 2026
120
Amofin Beulah Adeoye
Featured

Blueprint for National Transformation: Series 13 — The Terrestrial Foundation of Movement and Economic Development By Amofin Beulah Adeoye

by NationalInsight
March 25, 2026
103
#image_title
Featured

2027: Amofin Beulah Adeoye Attends PDP Stakeholders’ Meeting, Hails Governor Makinde’s N10,000 Allowance For Civil Servants Over Fuel Hike

by NationalInsight
March 25, 2026
103
Next Post

Okere, Others Declare Support for Makinde's Re-election Bid as Gov Promises to Fix More Roads, Boosts Economy

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

Mr. Deolu Ijose

IBEDC Appoints Deolu Ijose as New MD/CEO

March 26, 2026
103
Hon Akeem Ademola ige

2027: Why Ige Again is the Ultimate Game Changer for Oyo South

March 26, 2026
104
#image_title

Four Arrested For Allegedly Impersonating Wike To Dupe Military Officer, Others Of Over N150m

March 26, 2026
103
National Insight News
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertise Here

Recent Posts

  • Again, Philanthropist Monsur Ayoade Ejide Donates Equipment to LAUTECH
  • UK Raises Visa Fees for Nigerians, New Rates Take Effect April 8
  • IBEDC Appoints Deolu Ijose as New MD/CEO

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