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.

Jimoh Bashir     TIIDELab     Na\'Allah     Oloye     VADA     Baba Idris     Kayode Bankole     Maimunat Oniyangi     Rasaq Jimoh     Funmilayo Zubair     Countryside Emerging Leaders Fellowship     Abubakar Abdullahi Bata     Suleiman Yahya Alapansapa     Ashiru     Saad Omo\'ya     United Nigeria Congress Party     Clement Yomi Adeboye     Kemi Adeosun     Emir Of Ilorin     Senior Staff Union Of Colleges Of Education     Asiwaju Bola Tinubu     Mahmud Durosinlohun Atiku     FERMA     Abdulmumin Yinka Ajia     Kupchi Hosea Maxwell     Kunle Okeowo     Sulyman Atolagbe Alege     M.Y. Abdulrahaman     Kunle Suleiman     Laolu Saraki     Sa\'adatu Modibbo-Kawu     Javed Khan     Babatunde Ajeigbe     Micheal Imodu-Ganmo Road     Ilorin Muslim Community     Bibire Ajape     Abdulrasaq Alaro     Babaloja-General     Rice Farmers Association Of Nigeria     Kolawole Bashirat     Hassanat Bello     Saliu Alamoyo     Ilorin Central Mosque     Kwara Restoration Project     Dumagi     Sam Okaula     Kwara State Internal Revenue Service     Umar Adelodun     Matthew Babaoye     Kwara Primary Health Care Development Agency     Sarakite     Harrison Osauwagboe     Crystal Corner Shops     Shururat Olatinwo     Oyelere Oyinloye     Aso Ofi     Kwara State Fire Service     Ibrahim Sulu Gambari     AbdulRazaq AbduMajeed Alaro     Ilorin West     Abdullahi Dasilva Yussuf     Communication Network Support Services     Aminu Ado Bayero     Temitope Ogunbanke     Shola Odetundun     Labour Party     Baba Issa Awoye     Adegoke Bamidele     Taofik Abdulkareem Babaita     Samuel Olusegun Adedayo     Owo Arugbo     Ajibola Saliu Ajia     Saheed Popoola     Is\'haq Modibbo Kawu     Coronavirus     CLAY POT     Guber Aspirant    

Cloud Tag: What's trending

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

Femi Oladiji     Emir Of Ilorin     Olufolake Abdulrazaq     Zainab Abass     Bolaji Aladie     Olatunji Ibrahim     SARS     Saka Balikis Kehinde     New Nigeria People’s Party     Saad Omo Iya     Yusuf Abdulwahab     Ayekale     Ojuekun     Ebola     Oladimeji Thompson     Mumeen Lah     Mohammed Ibrahim     KwaraLearn     Mustapha Olanipekun     Tunde Mukaila Mustapha     Yusuf Aiyedun     Facemasks     Tunde Yusuf     Segun Olawoyin     Azeez Bello     Labour Party     Abubakar Bature Sulu-Gambari     Offa Poly     Hamidat Sulyman-Yusuf     Adeleke Ogungbe     Federal Allocation     Baba-Isale     Kwara Restoration Project     CACOVID     Christopher Ayeni     Dorcas Afeniforo     Rotimi Atere     Tosho Yaqub     Durosinlohun Kawu     Kwara State Health Insurance Agency     Micheal Imodu-Ganmo Road     Peculiar Allowance     Apaokagi     National Information Technology Development Agency     Jumoke Gafar     Umar Ayinla Saro     Ilorin Talaka Parapo (ITP)     Muhammadu Gobir     Ajuloopin     Tayo Alao     RTEAN     Abdulrasheed Lafia     Mukhtar Shagaya     Olayinka Olaogun     Maja     Ronke Adeyemi     Bello Abubakar     Radio Kwara     Taofik Abiodun Ahmed     Ayodele Olaosebikan     Geri-Alimi Split Diamond Interchange     Ibrahim Taiwo     Soffiyyallah Kamaldeen     KWATMA     Ilorin Water Reticulation     Segun Ogunsola     Kwara State Governor     Kolawole Bashirat     Onilorin Of Ilorin     Onikijipa     Sobi Specialist Hospital     Raji Ayodele Kamaldeen     Adijat Adebiyi     Tosin Saraki     Isiaq Khadeejah     Oni Adebayo     Oke-Kura