Ondo State Governor, Lucky Orimisan Aiyedatiwa, has approved a record-breaking N33.8 billion budget for the Ondo State Oil Producing Areas Development Commission (OSOPADEC) for the 2025 fiscal year, describing it as the highest allocation ever made to the Commission.
The Governor made the announcement on Monday during the inauguration of the newly reconstituted OSOPADEC Board at the Cocoa Conference Centre, Governor’s Office, Akure.
Aiyedatiwa said the budget would target key areas such as road infrastructure, education, health, water supply, housing, youth and women empowerment, scholarships, and skill acquisition across Ilaje and Ese-Odo local government areas.
“This budget will fund vital projects in roads, schools, water supply, health centres and housing. It will also strengthen youth and women empowerment schemes, scholarship programmes, and skill acquisition centres, in line with our administration’s development blueprint,” the Governor stated.
He told the newly inaugurated board members that their appointment was a call to serve and tasked them with delivering visible and measurable development across the oil-producing communities.
The governor also emphasized that the new OSOPADEC law, signed late last year, had repositioned the Commission for greater transparency, efficiency and service delivery.
“With the amendment of the OSOPADEC Act signed into law late last year, the Commission has been fundamentally repositioned to operate with greater efficiency, enhanced transparency, and renewed focus on optimal service delivery,” he noted.
While assuring the Board of his administration’s support, Aiyedatiwa said such support would be performance-based, urging the members to serve with integrity and commitment.
“This is a bold statement that OSOPADEC will not only function under this administration but will also flourish. It must deliver transformation that speaks loudly and visibly in the lives of the people,” he added.
The Governor also called on traditional rulers, community stakeholders, and civil society actors to support the board’s efforts toward a new era of development in the region.
Responding, the newly appointed OSOPADEC Chairman, Prince Biyi Olaleye Poroye, thanked the Governor for the opportunity to serve and pledged that the Board would approach its mandate with utmost dedication.
Other top officials present at the event included Deputy Governor Dr. Olayide Adelami; Chief Judge of the state, Justice Olusegun Ayedun; Speaker of the House of Assembly, Rt. Hon. Olamide Oladiji; Chief of Staff, Prince Segun Omojuwa; Head of Service, Mr. Bayo Philip; as well as members of the state executive council, lawmakers, local government chairmen, traditional rulers and other dignitaries.
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