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State of Osun
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Nickname(s): |
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Location of State of Osun in Nigeria
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| Coordinates: 7°30′N 4°30′ECoordinates: 7°30′N 4°30′E | |
| Country |  Nigeria |
| Geopolitical Zone | South West |
| Date created | 27 August 1991 |
| Capital | Osogbo |
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Government |
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| • Governor | Adegboyega Oyetola (All Progressives Congress (Nigeria)) |
| • Deputy Governor | Benedict Gboyega Alabi |
| • Senators | |
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Area |
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| • Total | 9,251 km2 (3,572 sq mi) |
| Area rank | 28th of 36 |
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Population (2006 census)
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| • Total | 3,416,959[1] |
| • Rank | 17th of 36 |
| Demonym(s) | Osunian |
| • Year | 2007 |
| • Total | $7.28 billion[2] |
| • Per capita | $2,076[2] |
| Time zone | UTC+01 (WAT) |
| postal code |
230001
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| ISO 3166 code | NG-OS |
| HDI (2018) | 0.609[3] medium · 14th of 37 |
culled from: Osun State – Wikipedia
Local Government Map of Osun State
Project Site is within “Aiyedaade Local Government Area”, of Osun State
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Ayedaade
Ilu Omoluwabi
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Ayedaade
Location in Nigeria
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| Coordinates: 7°19′N 4°21′ECoordinates: 7°19′N 4°21′E | |
| Country | Nigeria |
| State | Osun State |
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Government |
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| • Local Government Chairman and the Head of the Local Government Council | Adeyeye Abdullateef A. |
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Area |
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| • Total | 1,113 km2 (430 sq mi) |
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Population (2006 census)
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| • Total | 150,392 |
| Time zone | UTC+1 (WAT) |
| 3-digit postal code prefix |
221
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| ISO 3166 code | NG.OS.AD |
ROLE AND DIRECT BENEFITS FOR HOST STATE GOVERNMENT
The promoters extend hands of partnership to the State Government to provide land at concessionary rate for this industrial development initiative. The State is free to decide its form of assistance by considering few options viz: providing land with title document at an affordable rate as host payable on agreed format; OR provide land with title document at an affordable rate which after value deciding is built as equity holding into the project. The equity percentage shall be mutually agreed and documented for posterity and accountability.
The State Government’s decision on chosen collaborative mode shall be officially communicated and gazette to avoid undue land-related crisis from indigenous owners. The modality for compensating land original owners shall also be legally documented between parties from the start of allocation. Host State Investment Company LTD is proposed as interfacing project vehicle to represent the State interest.
LGA ALLOCATION: In the alternative, direct land allocation by traditional owners (Ikoyi/Ikire) at Local Government Area (LGA) shall be explored while C of O shall be obtained to back-up such offer from the Host State.
OTHERS BENEFITS:
| Category of Impact | Direct | Indirect | Induced |
| Economic |
– Purchasing expenditure for local goods and services – Taxes paid to the government |
– Subsequent backward expenditure for local goods and services along the supply chain – Income of supply chain employees – Taxes paid by suppliers to the government |
– Household consumption as direct and indirect employees spend their income within the economy – Taxes paid by the private sector (e.g. retail traders) |
| Employment | – Local jobs created | – Local jobs created along the supply chain | – Jobs created in the private sector (e.g. retail) |
| Human Capital Development | – Training for company staff |
EMPLOYMENT AND REVENUE POTENTIAL OF PROJECT
The project will generate 500,000 self-sustaining directs job from manufacturing and related activities within the park. A further 5:1 indirect employment of 2.5million jobs shall be created therefrom. The employment potential is huge for natives and other citizens, including foreign nationals as technical partners before take-over by component local understudies.
A consequential internally generated revenue boost shall follow for host government’s benefit.
ABOUT HOST COUNTRY (NIGERIA)
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Federal Republic of Nigeria
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Motto: “Unity and Faith, Peace and Progress”
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Anthem: “Arise, O Compatriots“ |
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| Capital | Abuja 9°4′N 7°29′E |
| Largest city | Lagos |
| Official languages | English |
| National languages | Hausa • Igbo • Yoruba |
| Other languages[1] |
List
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Youths Population (2020)
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43% (A positive index of development) |
| Demonym(s) | Nigerian |
| Government | Federal presidential constitutional republic |
| Muhammadu Buhari | |
| Yemi Osinbajo | |
| Ahmed Ibrahim Lawan | |
| Femi Gbajabiamila | |
| Justice Ibrahim Tanko Muhammad | |
| Legislature | National Assembly |
| Senate | |
| House of Representatives | |
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from United Kingdom
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| 1 October 1960 | |
| 1 October 1963 | |
| 29 May 1999 | |
| Area | |
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• Total
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923,769 km2 (356,669 sq mi) (32nd) |
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• Water (%)
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1.4 |
| Population | |
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• 2020 estimate
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206,630,269[3] (7th) |
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• 2006 census
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140,431,691 |
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• Density
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218/km2 (564.6/sq mi) (42nd) |
| GDP (PPP) | 2020 estimate |
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• Total
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$1.087 trillion[4] (23rd) |
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• Per capita
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$5,280 (129th) |
| GDP (nominal) | 2020 estimate |
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• Total
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$500 billion[4] (27th) |
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• Per capita
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$2,432 (137th) |
| Gini (2020) |  35.1[5]medium |
| HDI (2019) |  0.539[6]low · 161st |
| Currency | Naira (₦) (NGN) |
| Time zone | UTC+01:00 (WAT) |
| Driving side | right |
| Calling code | +234 |
| ISO 3166 code | NG |
| Internet TLD | .ng |
culled from: Nigeria – Wikipedia