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.

Solomon Edoja     Mukhtar Shagaya     KWIRS     Salman Alada     International Public Sector Accounting Standards     National Association Of Nigerian Students     Opaleke Bukola Iyabo     Muslim Cementary     N-Power     Onilu     Local Government Pension Board     Gambari     Offorjama     Abdulrasheed Akogun     Olumide Daniel Ibitoye     Yakubu Mohammed Abdullahi     Ilorin Water Reticulation     Salihu Ajibola Ajia     Funmi Salau     Bolaji Nagode     Ibrahim Agboola Gambari     Saba Mamman Daniel     Kwara-SAPZ Project     Crystal Corner Shops     Overland     Yusuf Arowosaye     Sabi     Henry Olaosebikan     Ahmed Bolaji Nagode     Bursary     Mohammed Ibrahim     Babaloja-General     Saka Aleshinloye     Senior Special Assistant On Student Affairs     Tinubu     Sun Qing Rong     Sebastine Obasi     Bello Abubakar     Special Agro-Industrial Hub     Kunle Akogun     Demola Banu     IEDPU     AbdulGafar Tosho     Coronavirus     Okanlawon Taiwo     Afolasade Opeyemi Kemi     Gbadeyan Gbadura Yomi     Igbomina     Kwara Hotel     Simon Sayomi     Rasaq Jimoh     Saka Keji     Abioye Bello     Mashood Abdulrafiu Agboola     Kamaldeen Gambari     Nigerian Correctional Service     JMK Construction Company Limited     Oba David Oyerinola Adedunmoye     Afonja     Haashim Initiative For Community Advancement     GRA     Ajayi Okasanmi     Olatunji Ibrahim     Bashir Badawi     Nagode     Bureau Of Lands     Abiodun Musa Aibinu     Lanre Jimoh     Amada Jidda     Gafaru Olayiwola Olorisade     Taofik Abdulkareem     Kunle Suleiman     Democracy Day     Hamza Usman     Afolabi-Oshatimehin     Esinrogunjo     PharmAccess Foundation    

Cloud Tag: What's trending

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

Hamza Usman     Al-Hikmah University     Aliyu Adebayo     Abdul-Rasheed Na\'Allah     Emir Of Shonga     Ilorin Talaka Parapo     Iyabo Adewuyi     Maimunat Oloriegbe     SSUCOEN     Olushola Saraki     Orisa Bridge     Oko-Erin     Baaziki Sulaiman     Christopher Odetunde     Isiaka Abdulrazak     Sa\'adatu Modibbo-Kawu     Saliu Ajibola Ajia     Nnazua     Apaola     Katibi Ibraheem Adeola     Alagbado     Afin Descendants Union Of Odo-Owa     Abubakar Suleiman     Taofik Abdulkareem     Falokun-Oja     Ilorin Emirate Stakeholders Forum     Eleja     Ambassador Kayode Laro     Dele Momodu     Gbenga Adebayo     Olaitan Buraimoh     Ayedun     Dar-Al-Handasah Consultants     Kwara State Governor     Chemiroy Nigeria Limited     CCEPE     Abdulmumin Yinka Ajia     Salihu Yahaya     Tsaragi/Share     Oluwarotimi Boluwatife Adenike     Magaji Erubu     SSA Youth     Kayode Issa     Ilorin Amusement Park     Gbadeyan Gbadura Yomi     Wahab Agbaje     Ahman Pategi     Kwara Polytechnic     Muritala Olarewaju     Esinrogunjo     Tosin Saraki     Dan Iya Of Ilorin     Lanwa     Funke Adedoyin     Igosun     Ogidi-Oloje     Hassan Oyeleke     Ijagbo     Ado Ibrahim     Suleiman Abubakar     Mohammed Danjuma     Funmi Salau     Esuwoye     Moses Salami     Eghe Igbinehin     Muhammed Aliyu     Niyi Osundare     Pacify Labs     Lithium     Haleeman Salman     IEDPU     Abdulganiyu Oladosu     Savannah Centre For Diplomacy, Democracy And Development     Moji Makanjuola     Tunji Arosanyin     Aliyu Olatunji Ajanaku     Ndama Al-hassan