Today, Gov. Seyi Makinde inaugurated the project monitoring committee for Rural Access and Agricultural Marketing Project (RAAMP) in Oyo State.
The Rural Access and Agricultural Marketing Project (RAAMP) is a Federal Government sponsored project under the World Bank and other donor agencies with payment of 12 percent counterpart fund of project worth by interested State to cater for the construction and rehabilitation of up to 1,000 kilometres rural and farm roads and also, assist in expanding the State economy with a seven years project life cycle.
The rural based project is envisioned to facilitate rapid rural development and agro logistics infrastructure which would result in social and economic development.
The Governor, who also doubles as the chairman of the committee stated in his address during the inauguration of the monitoring committee and the relaunching of RAAMP, that the counterpart fund was provided within three months of his administration so as to get the project back on track.
He added that the committee will ensure that all projects that will be initiated under RAAMP will be of great quality that can stand the test of time.