Seyi Makinde, governor of Oyo state, says he will ensure the return of billions of the state funds allegedly looted under the late Abiola Ajimobi, his predecessor. Ajimobi died in June after failing to recover from COVID-19. Speaking at an event to kickstart the construction of the 21km Ajia-Airport-New Ife expressway road, in Ajia town, the governor said the retrieved funds would be used to develop the state’s infrastructure. He also addressed the criticisms trailing the announcement of N100bn bond issuance by the state. “Our administration means business. We will drastically reduce the infrastructure deficit in Oyo state in the shortest possible time. And this is how economies work: investors will only go where they can be assured of profits,” Taiwo Adisa, the governor’s chief press secretary, quoted him to have said. “In order to achieve this, we must strategise on how to increase our spending on infrastructure, because what we collect from Abuja every month from federal alloc...