2nd March, 2012
Ejigbo Local Council Development Area, Lagos, southwest Nigeria, has raised N2.7million through its Road Trust Fund, RTF, campaign.
The sum was realised at the formal launching of the council’s RTF, held at the council secretariat.
Speaking at the event, the Chairman, Ejigbo LCDA, Kehinde Bamigbetan, said the road trust fund introduced by his administration, was fashioned after the Lagos security trust fund introduced by the Lagos State Governor, Babatunde Raji Fashola, to address the challenges of road construction in the area.
”Let me confess that I do not hold the copyright to the concept of applying the instrument of trust funds to solve pressing social problems.The intellectual property belongs to Governor Babatunde Fashola,who miraculously created a goldmine for addressing the security of Lagosians,with the establishment of the Lagos State Security Trust Fund.”
‘Our strategy is to maximize all windows of investible funds for the rehabilitation and construction of our roads, and this strategic framework relies on four tactical imperatives,which include the establishment of Ejigbo LCDA road trust fund to utilize donations from public and private sectors to drive road construction in the local government,” he said.
Bamigbetan added that his administration able to construct Rafiu Tijani street,Kolawole Sebili street,the Jakande Estate gate road and the grading of over 64 roads through subvention and Internal Generated Revenue, IGR, during his first term in office.
He admitted that this modest effort fell far short of the expectation of Ejigbo residents who felt that the huge investments in the construction of two primary schools,four health centres,seven public toilets and a new customary court, should have been diverted to road construction.