The Oluwo of Iwo kingdom, Oba Abdul-Rasheed Adewale Akanbi has applauded Osun state governor Rauf Aregbesola for drifting the state towards economic prosperity.

The renowned traditional ruler also commended the state government for being focused and determined in piloting the train of the state to promised land even in the face of the present economic realities.

Oba Akanbi gave the commendation why receiving a Grand Royal Eminence Award from the indigenes of the ancient town.

The award presentation and launching of historic movie titled "Adekola Telu" was organized to honour notable dignitaries in Iwoland.

The monarch who described the current economic situation in Nigeria as ever the worst in history, however extolled governor Aregbesola's foresight towards socioeconomic, political and religious sustainability in the state.

Oba Akanbi who attributed the present economic adversity to lack of good leadership, therefore called on government at various levels to always prioritize the welfare of the masses.

The monarch who described worldly things as ephemeral, said the time has come for Nigerian leaders and traditional rulers to look beyond their noses and rise to rescue the present economic situation in the country.

Oba Akanbi said the traditional rulers and traditional institutions remained notable mechanism to avert the nation from the current economic woes, thus called on his counterparts to deploy their wherewithal to rescue the country.

He said the traditional institutions should not fold arms till country collapses just as he assured that no stone would be left unturned at ensuring the continuity of the corporate existence of Nigeria.

Oba Akanbi said the time has come for every institution to live up to expectation especially at a time the nation is being ravaged with myriads of challenges.

While itemizing some of the landmark achievements since he ascended the throne of his forefathers, the traditional ruler held that his reign has brought many developments and transformations to the ancient town in the last eight months.

Oba Akanbi said within his few months on the throne, he has been able to bring a study centre on National Open University (NOUN) to the ancient town.

He assured his subjects of continued commitment to pro-masses' plights, adding that no opportunity would pass-by without being judiciously utilized.

Other awardees include: the spokesman of Osun state governor, Mr. Semiu Okanlawon (Golden Media Ambassador Award); Former Special Assistant to governor Aregbesola on Legal Matter, Barrister Bola Abimbola bags Legal Icon Award, Former Special Adviser to the Osun state governor on works and transport, Engr. Sabitu Oladepo Amudah bags Community Service Chief Award, among others.

Foolishness is always on display in this part of the world.

Suffering and smiling.

Once the king have enough food in the palace !!!
Even if 90% of Iwo poeple have nothing to eat!!
There is God Ooo , Oluwo of Iwo.

Good governance now includes borrowing into the next 30 years of the state's income to sponsor free cocoa yam and money scheme.
As long as we are divided along religious, tribal and political line, our leader will keep manipulating us to get away with their crimes.

Bolustic:

At least, Aregbe doesn't export fake vegetables na.

Which is worse, fake export or real debt?

In all honesty, when an economy is as battered as Nigeria's, borrowing is very welcome. Nigeria's budget this year is based on so much loans. When you borrow to fund critical infrastructure like Aregbesola has been doing in Osun particularly with education and agriculture, you invest in your future. We take that hundred times over a governor who abandons his job because of economic conditions and goes about cutting ponmo

Standing5:
Good governance now includes borrowing into the next 30 years of the state's income to sponsor free cocoa yam and money scheme.
As long as we are divided along religious, tribal and political line, our leader will keep manipulating us to get away with their crimes.

Standing5:
Good governance now includes borrowing into the next 30 years of the state's income to sponsor free cocoa yam and money scheme.
As long as we are divided along religious, tribal and political line, our leader will keep manipulating us to get away with their crimes.

I see nothing in borrowing to do capital projects. once the terms and conditions attached to the loan are favourable. Moreover there are some developed countries that borrowed to developed their territories too.

tsirin:



I see nothing in borrowing to do capital projects. once the terms and conditions attached to the loan are favourable. Moreover there are some developed countries that borrowed to developed their territories too.

How is a loan that denies workers their future salaries 'favourable'? All these dull people parading around as NL are part of oup problem in Nigeria? How is cocoa yam and free money capital projects? Stupídíty seem cool with lots of you guys nowadays.

G1gbolahan:
In all honesty, when an economy is as battered as Nigeria's, borrowing is very welcome. Nigeria's budget this year is based on so much loans. When you borrow to fund critical infrastructure like Aregbesola has been doing in Osun particularly with education and agriculture, you invest in your future. We take that hundred times over a governor who abandons his job because of economic conditions and goes about cutting ponmo

Your stùpídity appears to know no bound bros. So free food and money is now investment into the future. Instead of doing things that will improve IGR and then borrowing against projected IGR increase, the mentally lazy governor choose to borrow against projected earning that's largely dependent on oil price and FG sharing formula. That's like a son who decides to be borrowing against his father estate with the hope inheriting it and using it to offset his debt. If the father(FG) does not will that estate to the foolish son (Aregbe and your likes) then you get what is going on in Osun state now.
Oil money wasn't and still isn't guaranteed and so aregbe has no argument to borrow based on it.