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Osun secures $65m Islamic bank loan

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Governor Rauf Aregbesola of Osun State

Governor Rauf Aregbesola of Osun State


Governor Rauf Aregbesola of Osun has said the state government has secured a $65 million loan from Islamic Development Bank (IDB) to be used to improve water supply in the state.

The money would be used for the construction of water treatment plant, 17km transmission line from Kajola to Ilesa, booster pumping station and three water reservoirs on the hill.

“The state will provide counterpart fund of about 40 million dollars for the construction of water distribution system and sanitation,” he said.

At the celebration of the World Water Day in Osogbo on Wednesday, the governor said the water project was in line with the six-point Integral Action Programme.

World Water Day is celebrated annually on March 22 and focuses attention on the importance of universal access to clean water, sanitation and hygiene facilities in developing countries.

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The day also focuses on advocating for sustainable management of freshwater resources.

The first International World Water Day, designated by the UN, was commemorated in 1993.

Aregbesola was represented at the ceremony by the state’s Senior Consultant on Water Resources, Mrs Tawakalitu Williams.

He said the government had concluded plans to boost agriculture through irrigation.

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He added that “healthy living cannot be achieved without adequate access to potable water supply.

“It is due to this recognition that my administration embarked on rehabilitation of water and sanitation facilities in urban, small towns and rural areas of the state.

“This year’s theme of the World Water Day — “Why Waste water” is also in line with the mandate of the six-point Integral Action Plan of my administration to improve agricultural production to ensure food security in the state.”

The team leader of the European Union, Mr Adebayo Alao, appreciated the governor’s support and appealed to him to expedite action on implementation of the State Water Sector Law that was assented to in October 2015.

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The guest lecturer at the programme, Prof. M. K. Shridah, stressed the need for the use of good and clean water for healthy living.

He also commended the governor for efforts toward providing potable water to the people of the state.

Shridah, a lecturer with College of Medicine, University of Ibadan, said many diseases emanate from water and urged people to ensure that they use clean water. (NAN)

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