Governor Makinde Highlights Economic Stability in Oyo State, Urges Continued Peace

Oyo State Governor, Seyi Makinde, has reaffirmed his administration’s commitment to economic stability, revealing that the state injects approximately ₦24 billion monthly into the economy through salary payments to state and local government workers. The governor also emphasized the role of peace and unity in fostering economic growth and attracting private sector investments.

Governor Makinde made these remarks on Sunday when he received Muslim clerics, traditional rulers, and political leaders who visited his Ikolaba residence in Ibadan after the Eid-el-Fitr prayers at the Agodi Eid Ground. The delegation was led by the Deputy Governor, Barr. Abdulraheem Bayo Lawal, and included notable figures such as the Otun Olubadan of Ibadanland, Senator Rashidi Ladoja, Senator Sharafadeen Alli, former Deputy Governor Taofeek Arapaja, and Professor Kamil Oloso.

Gov. Ododo Hails President Tinubu’s Leadership, Celebrates His 73rd Birthday

Economic Growth and Stability in Oyo State

Speaking at the gathering, Governor Makinde highlighted the economic progress recorded under his administration, stating that the steady injection of funds into the economy through salaries and investments has contributed to financial stability and increased business confidence.

“Now, every four weeks, ₦24 billion flows into the economy of Oyo State through workers’ salaries. The state government’s wage bill is ₦14 billion, while that of the local governments stands at ₦10 billion. This has positively impacted economic activities in the state,” Makinde stated.

Beyond the public sector, the governor also noted that private investors are increasingly confident in investing in Oyo State due to the state’s stable economic environment. He cited the development of the Farmers’ Wholesale Market in Ijaiye Farm Settlement, which is part of his administration’s commitment to enhancing agricultural production and commerce.

“Yesterday, we visited the Ijaiye Farm Settlement for the new Farmers’ Wholesale Market. The settlement covers 27,000 hectares of land, and we have set aside 3,000 hectares for the project. This initiative will improve trade and provide farmers with direct access to markets, boosting productivity and income,” he explained.

The Role of Peace and Unity in Development

Governor Makinde credited the peaceful coexistence among residents as a key driver of Oyo State’s current economic progress. He urged all citizens to maintain peace and unity, stressing that development can only thrive in a stable environment.

“Oyo State is now known for peace, unity, and harmony. When we cast our minds back to 2007, things were quite different. Before, there were divisions even during religious gatherings like Eid prayers, where people from different political parties would avoid each other. Today, we see a change. Everyone gathered for prayers and came together in unity. This is the Oyo State we must continue to build,” Makinde remarked.

The governor warned against returning to past periods of political division and unrest, emphasizing that patience and collaboration are essential to achieving sustainable progress.

Leadership and Governance in Challenging Times

Acknowledging the economic challenges faced by Nigerians, Governor Makinde called on political officeholders across the country to work towards improving citizens’ welfare. He reassured the people of Oyo State that his administration remains focused on alleviating economic hardships through policy interventions and infrastructural development.

“It has been a difficult and challenging period for many people. However, as the saying goes, tough times don’t last, but tough people do. Political leaders must remain focused on improving conditions for the people, and we must all work together to build a stronger state,” he urged.

The governor expressed his commitment to ensuring that Oyo State continues on a path of steady economic growth, emphasizing the importance of inclusive governance, infrastructure development, and social welfare programs.

Traditional Rulers and Leaders Call for Patience and Unity

Delivering a goodwill message on behalf of the Olubadan of Ibadanland, Oba Owolabi Olakulehin, the Otun Olubadan, Oba Rashidi Ladoja, encouraged Oyo residents to remain patient and hopeful despite the prevailing economic challenges.

He assured the people that the Makinde-led administration is making significant progress, and development efforts will yield positive results over time.

Similarly, Deputy Governor Barr. Abdulraheem Bayo Lawal urged the Muslim community to uphold the values of love, kindness, and empathy as taught by Islam. He commended Governor Makinde for his unwavering commitment to workers’ welfare, particularly the regular payment of salaries and his transparent governance approach.

“Governor Makinde has remained steadfast in ensuring that salaries are paid on time and that government policies prioritize the well-being of citizens. We must all continue to support his efforts and contribute positively to the development of Oyo State,” he stated.

Special Prayers for Governor Makinde and His Administration

Professor Kamil Oloso, speaking on behalf of the Muslim Ummah, led special prayers for Governor Makinde and his administration. He expressed gratitude for the governor’s support to the Muslim community and his efforts in promoting inclusivity and religious tolerance in Oyo State.

Also present in the delegation were:

• Rt. Hon. Mohammed Fadeyi, Deputy Speaker, Oyo State House of Assembly.
• Oloye Nureni Akanbi, a respected elder statesman.
• Several state commissioners, local government chairpersons, and other government officials.

Conclusion: A Call for Sustained Peace and Economic Growth

Governor Makinde’s Eid-el-Fitr message reinforced the importance of peace, economic stability, and inclusive development. By prioritizing timely salary payments, infrastructure projects, and private sector investments, his administration has positioned Oyo State for sustained economic growth.

The governor’s call for unity and patience serves as a reminder that collective efforts are required to achieve long-term development goals. As Oyo State continues to attract investments and build a stronger economy, the commitment to peace, progress, and good governance remains the foundation for a brighter future.