Bad economy threatens new Olubadan of Ibadan palace project

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Bad economy threatens new Olubadan of Ibadan palace project

President-general of the Central Council of Ibadan Indigenes, CCII, Chief Wole Akinwande, has raised alarm that the current economic downturn in the country has taken its toll on the construction of the new palace of Olubadan of Ibadanland, on which work started last year.

It will be recalled that when the sod of the project behind the Ibadan House at Oke-Aremo in the hinterland of the ancient city was turned last year Governor Abiola Ajimobi, who was then in the last year of his first four year tenure, had stated that the first phase of the project would be completed by April this year.

But, as at now, the project is still under construction, according to the president-general of the umbrella body of all the socio-cultural groups in Ibadanland.

He made the disclosure yesterday in Ibadan while speaking with journalists at a ceremony for the unveiling of the logo and lighting of torch for Ibadan cultural festival 2015/2016, which had in attendance High Chiefs Suleiman Adetunji and Tajudeen Ajibola, the Balogun of Ibadanland and Asipa Balogun respectively.

Akinwande said though, work had reached appreciable level on the project as it has been roofed, plastered in and out, the CCII has been working round the clock to ensure that work did not stop on the site.

He lamented the economic crunch that had badly hit everybody, share of which the project has taken, adding that some of those who had pledged to donate were finding it difficult to keep to their promises, not out of unwillingness, but because they were incapacitated due to the bad economy.

He said CCII has been visiting all the critical stakeholders in Ibadanland to sensitise them on the need to appreciate that the Olubadan palace project “is our joint project and the response has been encouraging with all those visited showing enthusiasm and commitment towards its successful completion.”

At the unveiling of the logo which was performed by the managing director-designate of the First Bank Plc, Dr. Ademola Kazeem Adeduntan, the chairman of the Ibadan Cultural Festival 2015/2016, Very Rev. Ademola Moradeyo, said the annual festival would be historic because it would be the first time the programme is held with Okebadan festival.

This story was first published by National Mirror

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