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.

Malete     Ibrahim Issa Jetti     Bashir Adigun     A.O. Belgore     Egbejila     Khairat Gwadabe     Ajase-Ipo     Zulu Gambari     Kola Ologbondiyan     Oluwatoyin Lukman     Abdullahi Imam Abdullahi     Sobi     Jare Olatundun     Abdullahi Adisa Akodudu     Mashood Abdulrafiu Agboola     Oyeyemi Olasumbo Florence     Tosho Yaqub     Shehu Jimoh     Bond     Abiodun Abdulkareem     Government High School Adeta     Quran     Local Government     Tafida Of Kaiama     Yusuf Abdulraheem     Mahmud Ayinla Giwa     YAKOOYO     Suleiman Ajadi     Osinbajo     Patience Jonathan     Mohammed Tunde-Jimoh     Dunmade     CCB     Afolayan     Ibrahim Abduquadri Abikan     Ibrahim Jawondo     M.Y. Abdulrahaman     Femi Oladiji     KFA     Tsaragi     Bibire Ajape     Umar Yakubu Jaja     Femi Gbajabiamila     C2c@kwarastate.gov.ng     Ibrahim Abdulqadir Abikan     Olukotun Of Ikotun     Mohammed Yahaya Barki     Moremi High School     Olajumoke Monsura Gafar     Ilorin Talaka Parapo (ITP)     Iyiola Oyedepo     Bankole Omisore     Vasolar     IESA     Abikan     Omoniyi     Saliu Mustapha     Bolaji Aladie     Ita-Ore     Mohammed Ghali Alaaya     Nigeria Computer Society     Wahab Egbewole     Wasiu Onidugbe     Abubakar Suleiman     Issa Baba     Kamaldeen Gambari     Baba Isale     Yahaya Abdulkareem     College Of Arabic And Islamic Legal Studies     Dasuki Belgore     Ibikunle Ogunleye     Dankaka     Olatunji Moronfoye     Atiku Abubakar     Ishaq Oloyede     Saba Mamman Daniel     Emir Of Yashikira    

Cloud Tag: What's trending

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

Magaji Erubu     Opobiyi     Bursary     Abdulrahman Iliasu     NAWOJ     Oko     Emir Of Kano     Sobi FM     KSIRS     Valsolar-Kwara Company Limited     Adamu Ibrahim Sabi     Tinubu Legacy Forum     Elekoyangan     National Broadcasting Commission     Gani Saadu     Jimoh Akani     Okiki     Hameed Oladipupo Ali     Samuel Elizabeth Keatswa     KWSUED     Magaji Are     IYA YUSUF     Amusa Bello     Yeketi     Mazars Consulting     Gobirawa     Abdulrazaq Adebayo     Dauda Adeniran Adeshola     Aliyu Umar     Royal FM     Otoge     Ahmed Alhasssan     Elerin Of Erin-Ile     Kayode Ishola     Ahmed Dankaya     Oro Grammar School Old Students Association     Gbugbu International Market     Ilorin Curfew     Simon Sayomi     Abubakar Lah     Kwara Poly     Ahmad Belgore     Kwara State Geographic Information Service     Yusuf A. Usman     Kwara State Fire Service     Quranic Recitation Competition     20 Billion Bond     Umar Ayinla Saro     CACOVID Palliatives     Eghe Igbinehi     AbdulRasaq Abdulmajeed Alaro     Afolayan     Anilelerin     Yusuf Amuda Gobir     SAPZ Project     Ariyo     Jebba     Ifelodun     Iyabo Adisa Ibiyeye     Adedeji Onimago     Ilorin Emirate Stakeholders Forum     Clement Yomi Adeboye     Alfa Modibo Belgore     Mohammed Lawal     Sheu Ndanusa Usman     SSUCOEN     UNILORIN Alumni Association     Sherif Shagaya     Onilorin Of Ilorin     Minister     Okoolowo     Owo Isowo     Osuwa     Yusuf Lawal     Yoonus Kola Olatinwo     Abdullahi Saadudeen Alikinla     Kwara NIPR