The All Progressives Congress (APC) in Osun has assured the people of the state that the future will certainly be bright under Governor Gboyega Oyetola-led APC government.
According to the party, “indications from the outgoing year 2019 presage a pace- setting flourish of economic, industrial and social development for 2020 unlike anything the state has witnessed in the current decade”.
This was contained in a statement signed by Osun APC Director of Publicity, Research and Strategy, Kunle Oyatomi that was circulated to the newsmen in Osogbo.
The party said that already, the investment made by the state government, which has transformed Osun into a business friendly environment is producing such encouraging results that investors,both local and International are pledging to set up in the state in 2020.
The statement reads: “This is a further reason for thanksgiving by the people of Osun during this advent and new year celebration.
“What makes the prospects of 2020 even more reassuring is that quite a number of would-be investors have contributed hundreds of millions of naira to guarantee their investment.
“That is a measure of investor confidence in Osun as a reliable and safe business destination” the APC said.
According to the party, these are the results of the last Economic Summit held in Osogbo recently at which investors were exposed to the strategic position and natural resource endowment of Osun that make it a potentially suitable economic hub for profitable businesses.
APC argued that the impact of this development on employment will be outstanding while the knock on effect on the standard of living in the state will exceed expectations.
The party further stated that one of the gains of the summit, “ is that business activities will accelerate and boost internally generated revenue for the state government.
“Indeed, the prognosis is that by the 4th Quarter of 2020, about 30 to 40%, (if not more) of the state Budget will be largely funded by internally generated revenue.
When you add all of the above to the increased social welfare packages that Governor Oyetola has initiated, coupled with the enhanced security for business to operate unobstructed, Osun will bubble and investors will smile to the banks”, the APC said.
“It is on this note of optimism that our party, the APC, wishes the good people of state of Osun, a very happy Christmas and a prosperous 2020” the party added.