The Ondo State Government has intensified efforts to expand its Internally Generated Revenue (IGR) base in line with Governor Lucky Orimisan Aiyedatiwa’s vision of transforming the state into an industrial hub.
The Commissioner for Information and Orientation, Hon. Idowu Ajanaku, disclosed this during an interactive session with political journalists in Lagos, noting that the state recorded ₦28.1 billion IGR in the first quarter of 2025 — a clear indication that ongoing economic reforms are yielding results.
Ajanaku revealed that the administration has signed a Memorandum of Understanding (MoU) with a refinery capable of producing 500,000 barrels of oil per day, while BUA Cement is set to establish operations in Okeluse to harness the state’s rich limestone deposits. These partnerships, he said, will spur job creation, boost industrialisation, and expand revenue inflows.
The Commissioner highlighted Governor Aiyedatiwa’s development blueprint, tagged OUR EASE Agenda, built on seven pillars: Order and Security, Urban and Rural Development, Revolutionary Technology and Industrialisation, Efficient Healthcare, Adequate Power and Energy, Sustainable Infrastructure and Tourism, and Education with Human Capital Development.
“Dr. Aiyedatiwa is poised to change the narrative and put Ondo State on the map as a leading industrial hub. His background as a businessman gives him the leverage to attract investors and grow our economy,” Ajanaku said.
On infrastructure, he cited major ongoing projects across the three senatorial districts, including the near-completion of the Irese overhead bridge in Akure, the dualisation of the Akungba–Ikare road, and the Ilaje–Ibeju Lekki coastal road being executed in partnership with the NDDC. He added that 60km of Araromi beach roads are also under construction.
Ajanaku further disclosed that the World Bank-assisted Rural Access and Mobility Project (RAMP), backed by a ₦4 billion state counterpart fund, is opening up rural communities to agricultural and commercial activities. “Across the 203 wards of the state, there is one project or the other going on,” he noted.
On security, the Commissioner said Governor Aiyedatiwa is ensuring a peaceful environment for businesses to thrive, stressing that the Amotekun Corps recently commended by the United Nations as a model for community policing—has been equipped with 25 new operational vehicles.
He dismissed rumours of a rift between Governor Aiyedatiwa and his deputy, Olayide Adelami, describing them as baseless and the handiwork of detractors.
Looking ahead, Ajanaku assured that as Ondo State marks its 50th anniversary in February 2026, landmark projects would be commissioned by President Bola Ahmed Tinubu, reflecting the governor’s commitment to industrialisation, infrastructure, and sustainable revenue growth.
