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.

Igbomina     Abdulrahman Abdullahi Kayode     Yusuf Olaolu Ali     Col. Adedipe     Yusuf Babatunde Abdulwahab     MalHub     Abdulhakeem Adelaja Amao     JAMB     Monthly Sanitation Exercise     Sa\'ad Alanamu     Oyedun Juliana Funke     Yemi Osinbajo     Aminu Ado Bayero     Isiaka Danmeromu     Hydroelectric Power Producing Areas Development Commission     Yemi Sanni     Aminu Adisa Logun     Yakub Lai Gobir     Ubandoma     Abdulsalam A. Yusuf     Clement Yomi Adeboye     Omoniyi M. Ayinla     Tunji Moronfoye     Durbar Festival     Adegoke Bamidele     Mohammed Yahaya Barki     Wasiu Onidugbe     Ibrahim Abikan     Muhammed Danjuma     Alfa Modibbo Belgore     Muhammed Mahe Abdulkadir     Jumoke F. Ajao     Bashirat Bola Bello     Sambo Murtala     Rashidi Yekini     Folorunsho Alao     Kwara Poly     Kwara State Fire Service     Jide Ashonibare     Minister     Col. Taiwo     Ajike People Support Centre     Aso-ofi     Sarah Alade     Imam Gambari     Abdullahi Biffo     Olufolake Abdulrazaq     Bureau Of Lands     KWASIEC     Saduki Lafiagi     Salaudeen Oyewale     Mahmud Babatunde Baker     Mogaji Aare     Ibrahim Abdullahi     Obuh     Odogun Olushola Gabriel     Folaranmi Aro     Popo-Igbonna     Daud Adeshola     Bola Ahmed Tinubu     Oloriegbe     Ayinde Oyepitan     Isau     Micheal Imodu-Ganmo Road     Kwara State Printing And Publishing Corporation     Ahman Patigi     Kayode Yusuf     Lanre Jimoh     Kwara South     Al-Adaby     Gobir     College Of Arabic And Islamic Legal Studies     Kawu Baraje     Bola Olukoju     Falokun-Oja     Prince Bola Ajibola     Olohungbebe    

Cloud Tag: What's trending

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

Abdulraufu Mustapha     Mohammed Lawal Bagega     Rasheed Jimoh     Aliyu U. Tilde     Gafaru Olayiwola Olorisade     Christopher Ayeni     AbdulRauf Keji     Bola Tinubu     Summit University     Basit Olatunji     Roheemat Hammed     Kupchi Hosea Maxwell     Siddiq Adebayo Idowu Salawu     Oyedepo     Tunde Akanbi     Yusuf A. Usman     Toyin Saraki     Alfa Modibo Belgore     IQRA College     Salihu S. Yaru     Arinola Fatimoh Lawal     Adeola Abraham     Jaiz Bank     Ayekale     Galland Marcias     Sabo-Oke     KSIRS     Hamidat Sulyman-Yusuf     Jide Oyinloye     Overland     Balogun Ajikobi     Valsolar     Salami Adekunle     Saidu Isa     Ilota     KwaraLearn     Minimum Wage     Afusat Nike Ibrahim     Bayo Lawal     Abdulrazaq Sanni     Oyelere Oyinloye     March 18     Coalition Of Kwara North Groups     Kwara Volleyball Association     Ile Arugbo     Abdulbaqi Jimoh     Ethical College     Kwara Basketball Association     Ayobami Seriki     Ilorin South     AGM Professional Services     Oba David Oyerinola Adedunmoye     ER-KANG Mining Nigeria Company Limited     Bureau Of Lands     Kayode Alabi     Sheikh Hamzat Yusuf Ariyibi     Women Radio     IF-K     Kunle Okeowo     Saka Asiat Ayinke     Ramadan     Abubakar Baba     PPS     Abubakar Atiku     Osuwa     Medinat Folorunsho Salman     Samuel Elizabeth Keatswa     Nurudeen Mohammed     Ilorin Airport     Ibraheem Adeola Katibi     Mohammed Abdulahi     Gbenga Awoyale     Yahaya Abdulkareem Babaita     Ilorin West     Kwara Restoration Project     Aishat Sulu-Gambari     Logun