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.

Bolakale Ayo     Adesoye     Irepodun     Kamoru Kadiri     Nigerian Army     Kayode Oyin-Zubair     Firdaos Amasa     Olatinwo     Taibat Ayinke Ahmed     Yakub Lai Gobir     IYA YUSUF     Dan-Kazeem     BIR     Makama Of Ilorin     Olabode Towoju     Sunday Fagbemi     Yoonus Kola Olatinwo     Elerin Of Adanla     COVID     John Kehinde Salako     John Dara     Lateef Alagbonsi     Adam Abdullahi Al-Ilory     Inside Kwara     NNPP     Abdulkadir Bolakale Sakariyah     Tescom.kwarastate.gov.ng     Abdulmajeed Wahab     Oniyangi     Orire     David Oyepinola Adedumoye     Kishira     ARMTI     Bilikisu Gambari     Idris Garba     Funmilayo Zubair     Ola Falade     Gbenga Olawepo     Omoniyi Ayinla     Labour Party     Lukman Adeloyin     Abraysports FC     Lola Olabayo     Alaro     David Adesina     Emir Of Yashikira     Kolo     Cassava Growers\' Association     Mohammed Danjuma     Amusement Park     Javed Khan     Shuaib Jawondo     KWACOBPA     Bola Sagaya     Abdulkadir Akanbi-Oke     Onilu     Undergraduate Bursary     Turaki Of Ilorin     Olatunde Jare     Muhammed Danjuma     Daud Adeshola     Dele Belgore     Bibire Ajape     Bello Oyebanji     Ahmed Bolaji Nagode     Otuka     Ilorin East/South Federal Constituency     Aremu Odolaye     Taofeeq Olateju     Yahaya Abdulkareem Babaita     Alabe     Abdullahi Samari     FERMA     Saba Mamman Daniel     M.Y. Abdulrahaman     Pakata Patriots     Gabriel Fashanu    

Cloud Tag: What's trending

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

Femi Agbaje     Haleeman Salman     Sardauna Of Ilorin     Ahmed     Salihu Ajibola Ajia     Ahmad Uthman     Erin-ile     Umar Saro     EndSARS     Shuaibu Yaman     Saidu Yaro Musa     Suleman Abubakar     Taofeek Ibraheem     S.O. Opowoye     Jani Ibrahim     Rafiu Ajakaye     Isiaka AbdulRazaq     Segun Olawoyin     Suleiman Mora Omar     Abubakar Usman Jos     Kwara Consultative Forum     Adegoke Bamidele     Elelu     Abdulrazaq Solihudeen     Rasheed Jimoh     Muhammad Sirajo Aliyu     Kale Bayero     Basit Olatunji     Adaramaja     Makama     Igbomina     Shettima Of Ilorin     ER-KANG Mining Nigeria Company Limited     KWTV     Durbar Festival     Hassan Abdulazeez Elewu     Mashood Abdulrafiu Agboola     Hussein Olokooba     Olota Of Odo-Owa     Zulu Gambari     Benin Republic     Farouk Salim     Kayode Issa     GANZY     Abubakar Kawu Baraje     Kaiama     National Information Technology Development Agency     Mutawali     Aliyu Muhammed     Kwara NIPR     Akume     Radio SBS     Wasiu Onidugbe     Principal Private Secretary     Odo-Owa     Lanre Aremu     Mohammed Ibrahim     Samuel Adedoyin     Abdulrasheed Lafia     April 11     Afusat Nike Ibrahim     Isau     Ibrahim Taiwo Road     Kwara Politics     Femi Oladiji     Abdulrahman Abdulrasak     Women For Change And Development Initiative     Dan-Kazeem     Simeon Ajibola     Law School Scholarship     Oniwa     Mike Omotosho     James Ayeni     NTA Ilorin     Esinniobiwa Quareeb     Hydro-electric Power Producing Areas Development Commission     Ogidi-Oloje