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.

Siraj Oyewale     KwaraLearn     Olaiya Zuberu     Quarry Royal Valley     Ilorin West/Asa Federal Constituency     Amoyo     FERMA     Kolawole Akande     Tinubu     Wahab Egbewole     Kwara State Football Association     Towobola Abdulrahman Toyin     SUBEB     Olatunde Olukoya     Galland Marcias     Sa\'adu Salahu     Yusuf Zulu-Gambari     Balogun-Ojomu     Ilofa     ANCOPPS     Biliaminu Aliu     Ayeyemi Sulaiman     AbdulRahman Saad     Playing Host     Oloye     Kwara Pdp     AIT Ilorin     Sobi     Christopher Tunji Ayeni     KWSUED     Kassim Babamale     International Aviation College     United Nigeria Congress Party     Sulu Babaita Isiaka     IESA     Olayinka Are     Mubarak Oladosu     Saliu Tunde Bello     Asa LGEA School     Alimi Abdulrazaq     Kwara Politics     M.Y. Abdulrahaman     Katibi Ibraheem Adeola     Abubakar Lah     Paul Odama     Rasaq Jimoh     Adama Isa     International Vocational Centre     Yakubu Dogara     Okanlawon Musa     Abdullahi Adisa Akodudu     Sulu Gambari     Patience Jonathan     Abdul-Rahoof Bello     Gbemisola Saraki     National Pilot     TIIDELab     Zainab Abass     All Peoples Party     Joseph Yemi Ajayi     20 Billion Bond     Lawal Arinola Kudirat     David Oyedepo     Yahaya Muhammad     Academic Staff Union Of Universities     Isiaka Danmeromu     Saheed Popoola     Kannike     Tanke Flyover Bridge     Shururat Olatinwo     Onilupeju Of Ilupeju     Umar Ahmed Gunu     Sabitiyu Grillo     Undergraduate Bursary     Aliyu Sabi     Valsolar Consortium     Opobiyi    

Cloud Tag: What's trending

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

Kwara State Television (KWTV)     Tunji Moronfoye     Na\'Allah     Sulu Gambari     Ilorin Emirate     Ilorin South     Hassan Saliu     Elections     Patience Jonathan     Salary     Bareke     Apata Ajele Secondary School     Tunde Yusuf     Cornelius Adebayo     Michael Nzekwe     Kubra Kazum     Balogun Fulani     Aminat Omodara     Ekiti     March 18     Elese Of Igbaja     Marufat Oladosu     Adolescent Girls Initiative For Learning And Empowerment     AbdulFatai Adeniyi Dan-Kazeem     Wahab Kunle Shittu     Katibi Ibraheem Adeola     Lateef Alagbonsi     Henry Olaosebikan     Akom Construction And Engineering Synergy Ltd     Prince Bola Ajibola     Simeon Sayomi     Abdullahi Adisa Akodudu     Kamaldeen Ajibade     Abdulmutalib Shittu     Al-Hikmah Radio     Kwara Consultative Forum     Moses Salami     Ahmed Shuaib Buranga     MMWG     Wahab Agbaje     Ilorin West/Asa Federal Constituency     Vasolar     Aremu Odolaye     Kayode Laro     Oloruntoyosi Thomas     Hussein Olokooba     Magaji Nda     Student Learning Support Helpline     Tunji Oyawoye     Alabere     Elerinjare     Roseline Oni Aremu     Kwara Metro Park     Orire     Igosun     Ilorin Metro Park     Afeyin-Olukuta     Ita-Ore     ASKOMP     Shoprite     Just Law Forum     Kwabes     Chemiroy Nigeria Limited     Ghali Alaaya     Kwara Poly     Ghali Muhammed     Yunus Oniboki     MAI Akande     Wahab Olasupo Egbewole     Ayinde Oyepitan     Oyin-Zubair     IHS     Afetu Of Alabe     Raji AbdulRasaq     Bayo Lawal     Unilorin     Binta Abubakar Mora