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.

Abubakar Abdulraheem     NIRSAL     Timothy Olatunde Fadipe     Okasanmi Ajayi     Erubu     Labour Party     Shaykh Luqman Jimoh     Yakubu Danladi     Wahab Abayawo     Abiodun Oyedepo     Kwara Hotel     Pilgrims Board     Moses Afolayan     Adedeji Onimago     Quareeb Islamic Association     Agboola Babatunde     Yusuf Arowosaye     Ibrahim Labaika     Saka Asiat Ayinke     SSA Youth     AGF Abdulrazaq     Lai Mohammed     Ilorin South     Abdullahi Biffo     Fatimah Abdulkadir     Kayode Zubair     Peter Amogbonjaye     Olatunde Olukoya     Maigida     Ilesha-Baruba-Gwanara     Revenue Court     Yakubu Shaaba     Femi Gbajabiamila     Akume     Tinubu     Ojuekun Sarumi     Ayeyemi Sulaiman     Yusuf Amuda Gobir     Abdulmutalib Shittu     Kwara Apc     Countryside Emerging Leaders Fellowship     Abdullah Janet Amudat     Muritala Awodun     Abubakar Imam     Tunde Oyawoye     Muhammad Mustapha Suleiman     CCB     Binta Abubakar Mora     CLAY POT     Bola Magaji     Alore     Bahago     Yakubu Dogara     AbdulRazaq AbduMajeed Alaro     Bolaji Gambari     Tayo Alao     Elewu     Medinat Folorunsho Salman     Muslim Stakeholders Of Kwara State     Kwara State Television (KWTV)     Mary Kemi Adeosun     TETFUND     Kwara Primary Health Care Development Agency     Idris Garba     Kehinde Baale     Olaoye B. Felix     Elekoyangan     Ramadan     Ajayi Okasanmi     Mohammed Abduraheem     Nagode     Iliasu     Gbajabiamila     IDPU     Balogun Ajikobi     Abdulmumin Yinka Ajia     Abdulrahman Iliasu    

Cloud Tag: What's trending

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

Dele Belgore     Paul Olawoore     Undergraduate Bursary     Taiwo Joseph     Esinniobiwa Quareeb     Raheem Adaramaja     Abiodun Oyedepo     Jimoh Bashir     Abatemi-Usman     Ajeigbe     Umar Danladi Shero     Abikan     Women Radio     Ahmed Mohammed Rifun     Basit Olatunji     Alfa Yahaya Road     Shao     Oko-Olowo     Kwara State Pension Board     Ilorin Emirate     Code Of Conduct Tribunal     Sun Qing Rong     Alabi Olayemi Abdulrazak     Okanlawon Taiwo     Yusuf Olaolu Ali     Sa\'adu Gambari     Elections     Mufutau Olatinwo     Saka Saadu     Unicontinental Construction Company     Kazeem Oladepo     Sidikat Alaya     Moses Salami     Funmilayo Isiaka Oniwa     Ilorin Descendants Progressive Union     Umar Sanda Yusuf     Ubandawaki     Offa Poly     Bashiru Makama     Benin Republic     Arandun     Volunteers Of Ilorin Community And The Emirate     Oba Sulaiman Asude     Dauda Adesola     Oniyangi     Rotimi Samuel Olujide     International Aviation College     Malete     Air Peace     Razak Atunwa     Islamic Development Bank     Ganmo Power Sub-Station     Isiaka Abdulrazak     Moses Rahman Popoola     Abdulquowiyu Olododo     National Broadcasting Commission     Sarah Jubril     Centre For Digital Economy     Kemi Adeosun     Bayo Ojo     Dairo Kunle Paul     Abdullahi Atanda     Abdulrahman Abdulrasaq     Muhammed Akanbi     Aliyu Kora-Sabi     Mansurat Amuda-Kannike     Mohammed Jimoh Faworaja     Toyin Olayinka Tejidini     Abdulazeez Uthman     James Kolo     Olusola Saraki     Saidu Isa     Gambari     International Vocational Centre     Kwara 2015     Abdulkadir Bolakale Sakariyah     Ibrahim Abdulkadir Abikan