Kwara govt stops subvention to Kwarapoly, College of Health Tech. Offa; cuts allocations to other institutions

Date: 2016-08-08

In view of the dwindled financial allocations in the state, Kwara state government has cut the age long annual subvention to Kwara state polytechnic, Ilorin and College of Health Technology Offa, while it released a slashed N430,388,359.24 to the remaining seven others,with a promise to pay the balance of N86,996,421.7 by the end of August.

Governor Abdulfatah Ahmed of Kwara State The State Commissioner for Finance, Alhaji Demola Banu, who disclosed this in a statement on Sunday, explained that the government had reviewed the subventions accruing to the institutions by deploying mechanisms to block loopholes and wastage in the system. Banu also clarified in the statement that the decision to stop annual subvention to the two institutions was because findings revealed that their IGR could conveniently meet their financial needs towards the smooth running of the two institutions.

The commissioner said that institutions still enjoying government subventions include the Kwara State University (KWASU); Kwara State Colleges of Education in Ilorin, Oro and Lafiagi; Kwara State College of Arabic & Islamic Legal Studies; Kwara State College of Nursing, Oke-Ode; and the Kwara State School of Nursing and Midwifery, Ilorin.? He asserted that the dwindled financial allocations to the state and the need to cut excesses prompted the State government to stop and cut the annual subventions that were hitherto being collected by the institutions.

The Commissioner called on the management of all the state-owned institutions to be more innovative and resourceful in generating revenue for their schools, adding that the situation where government's subventions are spent only on recurrent expenditure was not sustainable. He also said that school authorities should be prudent in the utilisation of financial resources in order to make their institutions gain some degree of financial autonomy.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Kaiama     Rasaq Jimoh     Surajudeen Akanbi     Unicontinental Construction Company     Idi-Ape     Nigerian Correctional Service     Rafiu Ajakaye     Bola Ahmed Tinubu     Ilorin.Info     Kolo     Afonja Descendants Union     Ejidongari     Abdullahi Adisa Akodudu     Gbajabiamila     Forgo Battery Company Limited     Minister     AbdulHakeem Ajibola Akanbi     Aliyu Sabi     Yekeen Alabi     Ronke Adeyemi     Ibrahim Oniye     Basic Education Certificate Examination     Abdul Jimoh Mohammed     Bisi Kristien     Post-utme     Cornelius Adebayo     Ita-Nmo Market     Segun Abifarin     Yakub Lai Gobir     HAMFAT Clinic And Maternity     Kayode Ibrahim     Sambo Murtala     Abdulmumin Yinka Ajia     Odogun Olushola Gabriel     Mohammed Yahaya Barki     Mohammed Lawal     Ibrahim Labaika     Abdulrazaq Sanni     Senate     Esinrogunjo     Okasanmi Ajayi     Damilola Yusuf Adelodun     08001000100     Hassan Saliu     Bolaji Gambari     Kayode Zubair     Prince Bola Ajibola     Abdulrasaq Alaro     Umar Bayo Abdulwahab     Prince Mahe Abdulkadir     Kwara State Geographic Information Service     Alore     David Oyepinola Adedumoye     Curfew     General Tunde Idiagbon International Airport     Sobi Specialist Hospital     Elelu     Shola Odetundun     Ahmed Alhasssan     Kolade Solagberu     Olatunji Moronfoye     Mogaji Aare     Emir Of Lafiagi     Oluwarotimi Boluwatife Adenike     Musa Alhassan Buge     Umar Ahmed Gunu     International Aviation College     KWTV     Idiagbon     Mohammed Saidu     March 28     Olomu     Abegunde Goke     Egbejila     Code Of Conduct Tribunal     Ayekale     Muritala Awodun    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Funmi Salau     Crystal Corner Shops     Yusuf Aiyedun     TIIDELab     Ayegbeni     Yakubu Danladi     Abdulrauf Yusuf     Kanu Agabi     Asa LGEA School     General Hospital, Ilorin     Alaaya     Joseph Alex Offorjama     Ilorin East/South Federal Constituency     Aro Yahaya     Abdullahi Dasilva Yussuf     Abdulmalik Bashir Mopelola Risikatullahi     Taofik Abdulkareem Babaita     Maimunat Oloriegbe     Ibrahim Abduquadri Abikan     Ilesha-Baruba     Abdulrauf Aliyu     Joseph Yemi Ajayi     Bukola Ajikobi     Hakeem Idris     Ijakadi     Orisa Bridge     SDP     Kwara Metro Park     Demola Banu     CACOVID     Dan-Kazeem     Idowu Aremu     Taofik Mustapha     Wahab Kunle Shittu     Hassan Saliu     Kwara Primary Health Care Development Agency     Bibire Ajape     Muhammad Fawaz Abubakar     Hakeem Lawal     Muyideen Ajani Bello     Olaiya Lawal     Jide Ashonibare     Wahab Olasupo Egbewole     Olumide Daniel Ibitoye     Gabriel Fashanu     Moses Adekanye     Fatimat Saliu     Sulyman Atolagbe Alege     Abdulrazaq Sanni     Amule     Offa Poly     Folashade Omoniyi     Oke-Oyi     Mashood Abdulrafiu Agboola     Olatunji Moronfoye     Gbenga Olawepo     Onilu     Olatinwo     Kamaldeen Ajibade     Musa Aibinu     Tunde Oyawoye     Kwara University Of Education     Baba Issa Awoye     Special Agro-Industrial Hub     Adanla-Irese     Federal Road Maintenance Agency     Abiodun Jacob Ajiboye     Borgu     Ilorin Curfew     Agor Market     Folorunsho Erubu     Lafiagi     Salmon Babatunde Salmon     Hausa     Magaji Are     Ilorin General Hospital     Michael Nzwekwe