THE Ooni of Ife, Oba Adeyeye Ogunwusi Thursday presented seven coastal buses worth N56m to ease inter-state transportation for the people of Ile-Ife and its environs.
The monarch also announced free medical treatment for the people of the ancient town.
Speaking at the commissioning, which took place at Enuwa Square Oba Ogunwusi disclosed that the buses were actually made-in-Nigeria, calling on Nigerians to patronize the locally made products.
According to him, the present economic downturn in the country can be reduced if the citizens of the country start to patronise products and goods produced locally.
The monarch said he decided to partner with Olofin Micro Finance Bank, Ile-Ife to purchase the vehicles in order to bring about economic growth of Ile-Ife and also ease transportation into and outside Ife town.
On the free health services, Oba Ogunwusi urged the people of the town to make good use of the free healthcare care services saying that development cannot thrive in a town that dwells in health challenges.
Speaking, the Managing Director of Olofin Micro Finance Bank, Mr. Toyin Olufolahan disclosed that the buses cost N8m each. He said the bank decided to partner with the monarch in his bid to bring about economic transformation in Ile-Ife. Olufolahan said the coastal buses would be assessed by cooperative societies and they would pay within two years.