Kwara assembly confirms establishment of infrastructure fund

Date: 2016-11-11

The Kwara House of Assembly yesterday confirmed the establishment of Kwara Infrastructure Development Fund (IF-K). The confirmation was sequel to Governor Abdulfatah Ahmed's request for the approval of the scheme which will fund all developmental projects in the state.

The governor had sought legislative backing on the establishment of the state Infrastructure Development Fund (IF-K) for the execution of capital projects under the public private partnership.

Th governor in a message dated October 19, 2016 which was read by the Speaker, Dr Ali Ahmad, said the board had been fully set up in line with the law establishing the IF-K.

He added that the board, in addition, had ratified the appointments of the bureau and matters relating to the IF-K in accordance with Section 18(1) and Section 10 of the bureau law.

While describing IF-K as an optimum process for gap closure after consideration of several factors, he said the initiative was determined to be a modulated approach to meeting the sophisticated infrastructure financing needs.

The governor therefore sought for the house's confirmation and acceptance of the IF-K to be fully operational.

The house had summoned six state public officers over the issues relating to the confirmation and establishment of the IF-K.

Officers summoned were Chief of Staff to Governor Abdulfatah Ahmed, Alhaji Yusuf Babatunde Abdulwahab, the state Commissioner for Finance, Alhaji Ademola Banu and his counterpart in the Ministry of Planning and Economic Development, Alhaji Wasiu Odewale.

Others were the chairman, Kwara State Internal Revenue Service, Dr Muritala Awodun and Accountant General of the state, Alhaji Suleiman Ishola, among others.

Source

 

Cloud Tag: What's trending

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

Sulaiman Gado     Oke-Ero     UTME     Bolakale Ayo     Mary Kemi Adeosun     Bamidele Aluko     Unilorin     Iyabo Dupe Adekeye     Garba Dogo     Samuel Adaramola     Government Girls’ Day Secondary School Pakata     March 28     Eleja Taiwo Banu     Muhammad-Mustapha Suleiman     Aremu Bose Deborah     Baaziki Sulaiman     Ijagbo     Quranic Recitation Competition     Ojo Fadumila     Oko-Olowo     Ahmed Bolaji Nagode     Borgu     Ahmad Olayiwola Kamaldeen     Saliu Shola Taofeek     Usman Yunusa     Yusuf Mubarak     KWASSIP     Ahmed Idris Mohammed     Funmilayo Oniwa     Rafiu Ajakaye     Muhammad Ghali Alaaya     Idiagbon     Daud Adeshola     Bank Of Industry     Ojuekun Sarumi     Ganmo Electricity Sub-Station     Amuda Musbau     20 Billion Bond     Akeem Olatunji     Emmanuel Olatunji Adesoye     Saadu Yusuf     Earlyon Technologies     Erin-ile     Erubu Oba Zubair     Wahab Olasupo Egbewole     Kwara State Football Association     Jimoh Saadudeen Muhammed     Abiodun Musa Aibinu     Aisha Gobir     AGILE Programme     Apaola     Chief Imam Of Offa     Local Government     Kwarareports.com     Dairo Kunle Paul     Quran     Bamidele Adegoke Oladimeji     Abdulmumin Yinka Ajia     Oloyede     Babs Iwarere     Gobir Organization Foundation     Tsaragi     Sa\'adatu Modibbo-Kawu     Oluwarotimi Boluwatife Adenike     Bashiru Makama     Temi Kolawole     Ilorin International Airport     Babata     Ajuloopin     Bayer AG     Ike Ekweremadu     Sheikh Ridhwanullah     Ayotunde Emmanuel Alao     Bolakale Kawu Agaka     Ilorin Emirate Stakeholders Forum     Muhammad Yahya     April 11    

Cloud Tag: What's trending

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

Issa Oloruntogun     Ahmed Bayero     Ohoro Of Shao     Nurudeen Muhammed     Valsolar-Kwara Company Limited     Abdulquawiy Olododo     Abdulkadir Akanbi-Oke     Chemiroy Nigeria Limited     Read With Me     Yahaya Muhammad     Bayo Ajia     Gani Saadu     Mohammed Khadijat Kubura     Ijakadi     Adesoye     Gbugbu     College Of Education     Bola Ahmed Tinubu     Sabitiyu Grillo     Bluenile Associates     Adamu Attah     Offa Descendants Union     Wole Oke     NIPOGA     Unilorin     Sulyman Tejidini     Yomi Adeboye     Olota Of Odo-Owa     Durosinlohun Kawu     Rafiu Ibrahim     Jumoke Gafar     Maimunat Oloriegbe     Hijab     Code Of Conduct     Yinka Aluko     Abdulrauf Yusuf     Adamu Jemilat-Baki     Kale Bayero     Suleiman Rotimi Iliasu     Adedeji Onimago     Ado Bayero     Abatemi-Usman     Amusement Park     Owode Market     Share/Tsaragi     Suleiman Idris     Sheikh Alimi     Hydroelectric Power Producing Areas Development Commission     Aso-ofi     Ali Ahmad     Kunbi Titiloye     Veterinary Teaching Hospital     Olatunji Moronfoye     Lateef Ademola Olatunji     United Nigeria Congress Party     AbdulRaheem Ahmad Shayi     Olosi Of Osi     Madawaki     Kola Adesina     Saka Keji     Wasiu Odewale     Aro Yahaya     Ahmed Mohammed Rifun     Ahmed     Yusuf Abdulkadir     Photo News     Emmanuel Olatunji Adesoye     Damilola Yusuf Adelodun     Yusuf Ibitokun Sherifat     Adama Isa     Kuliyan Geri     NFAI     Balikis Jawondo     Facebook     Bello Oyebanji     IF-K     Government Girls’ Day Secondary School Pakata