Pangilinan: Late Gov. Lito Osmena led economic boom of Cebu

Published July 22, 2021, 3:57 PM

by Mario Casayuran

Opposition Senator Francis “Kiko” N. Pangilinan on Thursday July 22 expressed his deepest sympathies to the family of the late Cebu Governor Lito Osmeña who passed away on Monday at age 88.

“I pray for your comfort and strength as you deal with the sorrow from the passing of the former governor,” Pangilinan said.

Pangilinan, president of the Liberal Party (LP), emphasized that Osmeña would be best remembered for leading Cebu province’s economic boom, which earned the tag “Ceboom” during his term as governor from 1988 to 1992, and the quality of his leadership.

Osmeña threw his hat into the national political arena when he ran as Fidel Ramos’s vice president in 1992, but he lost to Joseph Estrada.

Ramos appointed Osmeña as his chief economic adviser and chairperson of the Presidential Committee on Flagship Programs.

In 1998, he ran for president under Probinsiya Muna Development Initiative (PROMDI) but he lost anew to Estrada.