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.

New Nigeria People’s Party     Gobir     Hassan Abdulazeez Elewu     Iqra Books     Lasiele Alabi Yahaya     Muhammed Mahe Abdulkadir     Onilorin     Olatomiwa Williams     Bukola Ajikobi     Musa Aibinu     Makama Of Kaiama     3MTT     Eghe Igbinehi     Zaratu Umar     Bola Iyabo Ibiyeye Adisa     Muhammad Toyin Sanusi     Grillo     John Obuh     Aishat Sulu-Gambari     AbdulRaheem Ahmad Shayi     Budo-Egba     Oke-opin     Radio SBS     Olufolake Abdulrazaq     Abdulwahab Ololele     KWASAA     Sulu Gambari     Kwara     Bolakale Kawu     Shettima     Nurudeen Muhammed     Alao Ayotunde     Council Of The Wise     ER-KANG Mining     Oyedun Juliana Funke     Ahmad Belgore     Wahab Issa     Emmanuel Bello     Akeem Lawal     Mahmud Ayinla Giwa     Elerin Of Erin-Ile     Omotoso Musa     Tunde Saad     Awodun     Sa\'ad Alanamu     Ishola Moses Abiodun     Al-Hikmah Radio     Ojuekun Sarumi     Oloyede     Toyin Saraki     JUSUN     Yemi Osinbajo     Aliyu Muhammed     Isiaq Khadeejah     The Herald     2017 Budget     Imam Gambari     Otoge     Muhammed Taofeeq Abdulrazaq     Shehu Raheem Adaramaja     Iyiola Oyedepo     Saraki     Abdulsalam A. Yusuf     Abdullahi Saadudeen Alikinla     Yomi Ogunsola     Danhawa     A.G.F Abdulrasaq     Alfa Modibbo Belgore     Kola Adesina     Amina El-Imam     Kayode Oyin-Zubair     Association Of Kwara State Online Media Practitioners     Funmilayo Zubair     Omupo     REO CAKES     Aasiyat Bello Oyedepo     Kulende-UITH    

Cloud Tag: What's trending

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

Ibrahim Abduquadri Abikan     Iyiola Oyedepo     Tunde Yusuf     Lateef Ademola Olatunji     Jalala     Ganmo     Bibire Ajape     CBT     Plat Technologies Limited     Joseph Daudu     Overland     Yusuf Amuda Abubakar     Wakilin Mata Lafiagi     Balikis Jawondo     Agbarere     Gamji Members Association     Amos Bajeh     Adebayo Salami     Suleiman Ajadi     Oniwasi Agbaye     Niyi Osundare     Emir Of Yashikira     Societe Generale Bank Of Nigeria     Alabere     Idowu Laro     Oloriegbe     Special Agro-Industrial Hub     Local Government     Simeon Ajibola     Olofa Of Offa     Ilorin Like-Minds     Nigerian Medical Association     Najim Yaasin     Kayode Laro     Yusuf Lawal     Press Release     REO CAKES     Musbau A. Akanji     Bolakale Saka     Jimoh Akani     Ella Supreme Tissue Paper     Sheikh Ariyibi     Aremu Bose Deborah     Abdul-Rahoof Bello     Bolakale Ayo     Orire     Abdulmalik Bashir Mopelola Risikatullahi     IPSAS     Government House     Ibrahim Abdulqadir Abikan     Dan Iya     Nurudeen Mohammed     Bayo Onimago     Dar-Al-Handasah Consultants     Bashir Adigun     Sabo-Oke     Eghe Igbinehi     EndSARS     Abubakar Suleiman     Abubakar Baba     Dan-Kazeem     Omar Bolaji Gambari     EFCC     Emmanuel Bello     Ilorin Muslim Community     Ojo Fadumila     Muslim Stakeholders Of Kwara State     Ghali Muhammed     Shonga     Kwara State Council Of Chiefs     The Herald     Abdulmutalib Shittu     Islamic Development Bank     Government High School Adeta     Babata     Agor Market     Yusuf Olaolu Ali