Oyo State Government, rising from its executive council meeting on Monday, announced the approval of the SEC to pay eight billion naira to Osun state government as part of the outcome of LAUTECH assets sharing.
Addressing State House Correspondents, Commissioner for Education, Science and Technology, Barrister Olasunkanmi Olaleye said the money will be paid in installment.
Ashamu said one billion naira will be paid this month (January 2021) while another one billion will be paid in December 2021. The Commission also said three billion naira will paid in 2022 while another three billion naira will be paid in 2023.
Meanwhile during the media briefing, Commissioner for Energy and Mineral Resources, Ṣeun Ashamu told newsmen that the executive council has resolved to provide an urgent intervention at the Rural Community Development Centre (RCDC), Aawe, which is one of the hubs for the agribusiness development of the Makinde-led administration.
Ashamu said that the state government has also resolved that Ministry of Energy will provide a three-phased system comprising of solar, diesel generator and batter storage for RCDC, Aawe.
He also intimated newsmen that the SEC also approved the implementation of bicycle drive tagged ‘Keke Seyi’ at the cost of ₦750,000.
“The bicycles will be piloted in collaboration with an indigenous company which has offered the state its services to pilot a bike-sharing scheme within the secretariat. So there will be bicycle available for use by member of the public and the staff of the state” Ashamu concluded.
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