A State Must Borrow To Develop, Osun STA

A State Must Borrow To Develop, Osun STA
  • PublishedMay 16, 2018

By Nofisat Marindoti

The Senior Technical Adviser to the State Governor of Osun, Ogbeni Rauf Aregbesola, on Development Partners and Internatioal Relations, Dr. Micheal Olugbile, has stated that there can be no development in a State without such State borrowing.

Olugbile who heads the Program Delivery Unit, PDU, said this while addressing press men in the State Secretariat, Abere, on Wednesday.

The STA added that borrowing money itself is not wrong, only that the money has to be used sensibly and not for the wrong things.

According to him, the functions of the unit include ensuring effective utilization of World Bank and all donor related projects in the state and to act as a gap between the State Government and donors.

Olugbile said the unit also supervises existing projects, coordination of developmental assistance with partners and seeking new developmental assistance.

Listing the achievements of the unit so far, Olugbile added that the unit is preparing for some projects on technical education, women development program and is also seeking support to complete the Ilesa water Project.


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