The Vice President, Prof. Yemi Osinbajo today said Ondo State has a critical role to play in the rapid development of the country.
The vice president maintained that there are potentials across the state, which he said was capable of transforming to all round development in the country.
Prof. Osinbajo stated this while declaring open a two-day State Development Partners Summit and re-launch of the State Education Endowment Fund (OSEEF) held at the International Event and Culture Centre (The Dome), Akure.
Represented by Dr. Isa Aliyu Ibrahim,the Director General of National Information Technology Agency (NITDA) , Osinbajo disclosed that the federal government was ready to partner the state for all the potentials to be harnessed.
He commended Governor Oluwarotimi Akeredolu for his administration’s developmental initiatives in the state.
His words, “No doubt ,Ondo state has a lot of potentials that can bring all round development to this country and this type of summit is an indication that the state is preparing for development. I want to commend the state government for this great initiative where investors would come together to brainstorm.
“I must say that development has suffered in two ways; Over exposure of words and under implementation of polices. We talk too much and pay less attention to implementation of our policies.
“Human capital development is key and I am happy the state is doing something on this because people must be involved in the process of development.”
While speaking at the event, Governor Oluwarotimi Akeredolu stressed that the summit was designed to create a platform for partnership with stakeholders in the private and the public sector for economic growth and development.
The governor said the collaboration would be in the area of agricultural development, infrastructural development and human development to create a resilient and growing economy in the state.
He added that the re-launch of the state Education Endowment Fund was aimed at bridging the funding gap in the education sector and also make public schools more attractive than the private ones.
Akeredolu said; ” Development Partners Summit seeks to create a platform for partnering with key players in both private and public sectors in order to mobilize resources for engendering economic growth and development of the State.
“In the same vein, the rebirth of Ondo State Education Endowment Fund (OSEEF) today, is targeted at bridging the funding gap in the education sector. It is also aimed at creating an effective avenue for sustainable growth and development of education in the State”.
“Ondo State has the potential to become a key player in the economy of the South West region of Nigeria by virtue of its human and natural endowments. It is imperative that we re-engineer the economy and place it on a trajectory of sustained growth. To achieve this, our Administration understands the fact that sustainable development can be accomplished through robust partnership. Therefore, our focus is to ensure rapid growth, development and sustainability of the economy.
“We need your collaboration and cooperation in the areas of Infrastructural development, Agricultural Development and Capacity Building to create a growing and resilient economy for our State. On our part, we will continue to put in place investor-friendly regulatory environment that will allow the private sector to thrive.
“Our ranking in the ease of doing business in the country has risen in recent times due to the purposeful drive at ensuring business friendly environment. Mr. Vice President, Ladies and Gentlemen, let me continue to assert with pride that not only isOndo State adjudged one of the most peaceful States in the country, we are a focal point of development in the South West Region.”
On his part, Emmanuel Igbasan, the commissioner for Economic Planning and Budget pointed out that the government was committed to making the state a regional economic champion, preferred investment hub towards impacting the quality of life of the people.

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