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.

Saudat Abdulbaqi     Muhammed Abdullahi     Chief Imam Of Offa     Saka Saadu     Olayinka Are     College Of Arabic And Islamic Legal Studies     Salihu Jibril Garbi     IDPU     Hassanat Bello     Mutawali Of Ilorin     Sam Okaula     Emmanuel Bello     Turaki     Sa\'ad Alanamu     Hikmah AbdulKareem     Mohammed Khadijat Kubura     Olaoye B. Felix     Olawuyi     Mustapha Akanbi     Elections     Mansur Alfanla     Kpotum Mohammed Baba     Galland Marcias     Olomu     Yakub Ali-Agan     Ladi Hassan     Abiodun Jacob Ajiboye     Isapa     Jaiz Bank     Onilorin Of Ilorin     Al-Adaby     NSCIA     Bayo Mohammed Onimode     Anilelerin     Kamaldeen Gambari     Saka Aleshinloye     Mansurat Amuda-Kannike     Asa     Garuba Alikinla Shittu     ITEM 7     Awili Pedro     Oluwatoyin Lukman     KWSIEC     Kolawole Akande     Yusuf Mubarak     Federal Neuro-Psychiatric Hospital     Haashim Initiative For Community Advancement     Kwara State Internal Revenue Service     Oluranti Idowu     Ibrahim Oniye     Kwara Polytechnic     Bukola Ajikobi     Toun Okewale-Sonaiya     Vasolar     ASUU     Abatemi-Usman     Ojo Fadumila     Abdulrazaq Sanni     Fatimoh Lawal     Saheed Alakoso     Yaman     Funmilayo Oniwa     Isiaka AbdulRazaq     Kwara Poly     Offorjama     Millennium Development Goals     Ali Ahmad     Kwara 2019     Binta Sulyman     Hussein Oloyede     Olaosebikan     Al-Ilory     Sam Onile     Akanji     Bamidele Aluko     Amoyo     NYSC    

Cloud Tag: What's trending

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

Oko Erin     Zara Umar     Oluronke Adeyemi     Amos Sayo     Rebecca Bake     Idiagbon     Kunbi Titiloye     LAK Jimoh     CBT     Yashikira     Elelu     Ayekale     Babs Iwarere     Kwara 2019     Clara Nwachukwu     Mansur Alfanla     Elese Of Igbaja     Abdulraheem Yusuf     Tafida     Ajibola Saliu Ajia     Kolo     Amada Jidda     Hamidat Sulyman-Yusuf     Alabi Lawal     Saeedat Aliyu     Ibrahim Abdullahi     Hussein Oloyede     Mary Kemi Adeosun     Mahee Abdulkadir     Bilikis Oladimeji     Abdulrahman Abdullahi Kayode     Muhammed Taofeeq Abdulrazaq     Bayo Mohammed Onimode     Makama     Ambassador Kayode Laro     Pakata Development Association     Saka Adeyemo     Firdaos Amasa     Yusuf Abubakar     Sun Qing Rong     Read With Me     Police Commissioner     Rapheal Ashaolu     Quran     Yusuf Lawal     Bashiru Makama     Ileloke     Siddiq Adebayo Idowu Salawu     Ganiyu Taofiq     Sarakite     Akume     Lanwa     Ado Bayero     FOMWAN     Jide Ashonibare     Post-utme     Akanji     Mohammed Alabi Lawal     Share/Tsaragi     Aliyu Olatunji Ajanaku     Unicontinental Construction Company     Saliu Ajibola Ajia     Jamila Bio Ibrahim     NULGE     Ekweremadu     KWASEIC     HAMFAT Clinic And Maternity     Saheed Akinwumi     Funmi Salau     2023 Elections     Fareedah Dankaka     Abdulwahab Olarewaju Issa     Local Government Pension Board     Ayoade Akinnibosun     Adewuyi Funmilayo     Abdulrazaq Adebayo     Saidu Isa