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.

Hydro-electric Power Producing Areas Development Commission     Umar Sanda Yusuf     Sa\'ad Alanamu     Adijat Adebiyi     Seed Technologies     Nigerian Supreme Council For Islamic Affairs     MalHub     Pacify Labs     Omotoso Musa     Kannike     Bolaji Nagode     School Of Nursing     Mohammed Abduraheem     Wahab Isa     Abubakar Bature Sulu-Gambari     Theophilus Oyebiyi     Lola Ashiru     Kayode Yusuf     Suleiman Yahya Alapansapa     Tunji Moronfoye     Sarah Alade     Otuka     Adam Abdullahi Al-Ilory     Ishola Abdullahi     Eleja     Face Masks     UITH     Aasiyat Bello Oyedepo     Saliu Shola Taofeek     Offa Grammer School     MAI Akande     Saraki     Sarakite     Abdulkadir Remi Hawawu     Mohammed Ajia Ibrahim     Kayode Issa     Taibat Ayinke Ahmed     Yusuf Lawal     Oba-Solagberu     Post Utme     Tafidan Kaiama     Durosinlohun Atiku     Ajuloopin     Paul Olawoore     Monsurat Omotosho     Ejidongari     Facemasks     Government House     Sanusi Abubakar     George Innih     Raliat Elelu-Habeeb     Clement Yomi Adeboye     Ayinde Oki     HAMFAT Clinic And Maternity     Adamu B. Yaqubu     Ado Ibrahim     Okasanmi Ajayi     International Aviation College     Aisha Gobir     Abdulrauf Yusuf     Mufti Of Ilorin     Wakilin Mata Lafiagi     Joshua Adeyemi Adimula     IHS     Special Adviser On Digital Innovation     Akeem Lawal     Lukman Adeloyin     ITEM 7     Muhammed Akanbi     Share/Tsaragi     Ministry Of Women Affairs And Social Development     Alaiye     Oya State     Christian Association Of Nigeria     Olomu Of Omu-Aran     Okin Biscuits     CCEPE    

Cloud Tag: What's trending

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

Abdullahi Atanda     Abdulkadir Bolakale Sakariyah     Offa Metropolitan Club     Salaudeen Oyewale     NIPOGA     Matthew Okedare     Hakeem Idris     Omar Bolaji Gambari     Isin     Sa\'adu Salau     Saad Omo Iya     Falokun-Oja     Samari     Bamidele Aluko     Saliu Tunde Bello     Lanre Issa-Onilu     Tayo Awodiji     Ahmed Ayinla Jimoh     Durosinlohun Kawu     Kwara State Coalition Of Business And Professional Associations     Chief Imam Of Ilorin     CKNG     Asiwaju Bola Tinubu     CT Ayeni     Fareedah Dankaka     Amuda Bembe     Jare Olatundun     Abdulkadir Orire     Taofeek Sanusi     Tinubu     Isiaka Danmeromu     Olatunji Abdulmumeen     All Confederation Of Principals Of Secondary Schools     Kuliyan Geri     Oko-Erin     Ibrahim Oniye     Waziri Yakubu Gobir     Babaloja-General     Yahaya Oloriegbe     Halimah Perogi     Gbenga Olawepo     Laolu Saraki     Gbugbu     Iyabo Adewuyi     JAAC     Gobir Organization Foundation     Yekeen Alabi     Ahmed Bolaji Nagode     Abdulkadir Remi Hawawu     Ajibike Katibi     Suwa-Arabs     Ilorin East     ER-KANG     3MTT     Facemasks     Olukotun Of Ikotun     Ebola     Computer Based Test     Ilorin Like-Minds     Oba Of Jebba     Salau Kabiru Abdullahi     Musa Yeketi     National Union Of Road Transport Workers     Eleja     Elese Of Igbaja     Lateef Fagbemi     Photo News     Yakub Lai Gobir     Ibrahim Abdullahi     Usman Yunusa     Farouk Salim     Kawu     Bolaji Gambari     Ilorin Talaka Parapo     Bello Bature     Moro     TETFUND