The Executive Chairman of Odogbolu Local Government, Hon. (Dr.) Babatunde Oyetola Diya, has initiated discussions with VFD Microfinance Bank to explore strategic Public-Private Partnerships (PPP) aimed at boosting economic development in the council area.
The meeting, held on Wednesday at the bank’s corporate headquarters in Ikoyi, Lagos, focused on key areas such as affordable housing, financial services, and e-sports, in line with the Diya administration’s economic transformation agenda.
Hon. Diya highlighted Odogbolu’s strategic advantages, including its proximity to major economic hubs, improving infrastructure, and investor-friendly policies. He emphasized his administration’s commitment to PPP-driven governance, citing the establishment of a dedicated PPP Office within his first 100 days in office as a critical step toward attracting investment.
“Odogbolu is ready for economic transformation through strategic collaborations. We are creating an enabling environment for investors while ensuring that such partnerships yield direct benefits for our people,” Diya stated.
He also commended the Ogun State Government, led by Governor Dapo Abiodun, for its infrastructure development efforts through PPP models, referencing projects like the Ijebu Ode-Mojoda-Epe Expressway and the Atan-Lusada Toll Road. Additionally, he praised the newly built 250-bed Specialist Hospital in Abeokuta as a testament to the state’s commitment to quality healthcare.
The council boss reiterated his administration’s resolve to attract private-sector investments to stimulate job creation, infrastructure development, and improved living standards in Odogbolu.
“Our goal is to integrate Odogbolu into Ogun State’s economic framework by fostering partnerships that drive growth and enhance welfare. This engagement with VFD Microfinance Bank reflects our dedication to innovative governance,” he added.
The collaboration marks a significant step in Odogbolu’s push for financial inclusion, economic expansion, and sustainable development through private-sector participation.
