By Chioma Obinna
Osogbo—Attorney General and Osun State Commissioner for Justice, Dr. Basiru Ajibola yesterday disclosed that only N3.5bn have been spent so far by the State government on the MKO Abiola International airport designed to instigate the economic revolution of the state.
Ajibola who spoke on a national TV on the airport concessioned to All Works of Life, AWOL, International Limited explained that the 3.5 billion was used to re-construct the runaway of the abandoned aerodrome used in air lifting during the 2nd world war.
According to him, the creative and ingenuity mechanism of Governor Aregbesola for the betterment of osun people paved way for the modern technique of project financing to engage AWOL on a BOT (Build, Operate and Transfer).
He explained the BOT was done in collaboration with the Turkish government, wherein 85 percent of the N69bn will be sourced from them to cement the export/import partnership development and trade arrangement for technological and expertise contribution of the Turkish government to Africa using the state of Osun as a standard template for its materialization.
Ajibola asserted that the import consequences of having an international airport at Ido Osun will create the long desired boost to turn around the economic prospect and industrialization template of the 27 year old state.
“The runaway according to specifications under construction which is 85 percent completed will be 3.5km long, the facility will also create good ambience for hanger and aircraft maintenance services which can only be found in Johannesburg, South Africa and Ethiopia; Its uniqueness will be the ability to energize the haulage system through cargo shipment,” he added.
On the economic implication of the airport, he said: “5 – 10 percent of the N69bn earmarked will find its way into the economy of the state through direct engagement of skilled and unskilled workers by the concessionaire, it will galvanize our local economy, not forgetting the fact that the access road to the international airport will be a dual carriage way thereby improving the road infrastructure which will be a value booster for properties and structures in the axis”
“Over time, the offices of statistics and economic planning have been engaged in monitoring the direct and indirect benefits of all our interventions with special cognizance into reduction in unemployment ratio and attendant economic effect, I tell you, the reports computed have always been positive and encouraging”, he said.
“The basic essentials of the airport which are the runway, control tower, terminal building, aviation equipment, regulatory interphase with the Federal government will be perfected such that a Boeing 747 will taxi from the MKO Abiola International airport in 8 months time,” he said.