'So, tell them that the EFCC of Oyo State is coming for them. I want to assure you that we will retrieve the stolen money of the state from them and use the funds to build infrastructure like this.'
Says Alternative Project Funding Approach will bridge infrastructure gap
According to the governor, unlike the previous government, which, he said, preoccupied itself with how to corner state’s funds on a daily basis, his administration would drastically reduce the infrastructure deficit in the state within the shortest possible time.
The governor also used the opportunity to explain the APFA approach through which he said many projects will be executed in the state, stating that it is the administration’s way of funding some infrastructural projects in the state, by having the contractors fund the projects with their own money while the state repays them over a period of time.
He added: “So, for projects under the APFA, because of the nature of spending on the projects, we decided that it would be best to open up the bidding process a little more so that contractors outside of Oyo State can bid as well.
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