Since the establishment of the Oyo State Investment and Public-Private Partnership Agency (OYSIPPA), the appointment of Hon Segun Ogunwuyi, as Director-General has marked a turning point in the implementation of Governor Seyi Makinde’s roadmap for accelerated development.
A highly cerebral accountant and financial expert, Ogunwuyi wasted no time in demonstrating his strategic prowess. One of his first achievements was the revival of the state’s long-neglected Asphalt Plant at Ijaye in Akinyele Local Government, transforming a moribund asset into a productive entity once again.
Under his leadership, key infrastructural projects swiftly followed. The Moniya–Ijaye–Iseyin Road received approval, and major projects including the Oyo–Iseyin Road, Oyo–Ogbomoso Road, and the Iyana-Ajia–Airport Road with a spur to Amuloko were awarded, all closely supervised by OYSIPPA under Ogunwuyi’s stewardship.
Yet, it is not merely the roads that distinguish Ogunwuyi’s tenure. It is his innovative approach to financing and executing legacy projects that truly sets him apart.
Through the introduction of an Alternative Funding Approach, contractors now finance projects from 0 to 60 per cent before the state government begins disbursements.
This strategic model has enabled the administration not only to complete its own development agenda but also to revive abandoned projects left by previous administrations.
Ogunwuyi’s blend of financial acumen, visionary thinking, and pragmatic execution underscores why he is widely regarded as the best man to continue driving Oyo State’s development.
