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.

National Broadcasting Commission     Yoonus Lawal     Sayomi     Ahmed Bayero     Smart School     Aliyu Kora-Sabi     ER-KANG Mining     Oladimeji Thompson     Turaki Of Ilorin     Matthew Okedare     Ishaq Abdulkarim     Titus Suberu-Ajibola     Ayinde Oki     Oba Abdulrahim     Chief Imam Of Lafiagi     Share/Tsaragi     Ambassador Kayode Laro     Makama Of Ilorin     AbdulHakeem Ajibola Akanbi     Apata Ajele Secondary School     Umar Ayinla Saro     Kunle Okeowo     Saad Omo\'ya     Undergraduate Bursary     Tunde Yusuf     Oniwasi Agbaye     Ileloke     Bamidele Aluko     Lithium     Illyasu Abdullahi     International Aviation College     Offa     Ilorin     Adedayo Yusuf Abdulkareem     Olohungbebe     Ijakadi     Abubakar Olusola Saraki     Gambari     Plat Technologies Limited     Tunde Idiagbon Road     Christopher Odetunde     Alabi Lawal     Tsaragi-Share     Mohammed Abdulahi     Doyin Group     Akanbi-Oke     Saheed Popoola     Sabi     Abdullahi Adisa Akodudu     Ilesha-Baruba-Gwanara     Muslim Stakeholders Of Kwara State     Sardauna     Amos Sayo     Yusuf Olaolu Ali     Congress For National Consensus     Bolaji Nagode     Abdulmutalib Shittu     Tanke Flyover Bridge     Gobir     Owo Arugbo     NIPOGA     Prince Sunday Fagbemi     Voices Of Tomorrow     Mumeen Lah     Kwara State University Of Education     Abdulrasheed Lafia     Eruku     Durbar     Ajibola Ademola Julius     Fola Consultant     LABTOP     Kunle Akogun     Oladipo Akanmu Tolani     Amuda Aluko     Wahab Olasupo Egbewole     Ishola Moses Abiodun     Abdulrazaq Akorede    

Cloud Tag: What's trending

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

IPSAS     Ajakaye     Valsolar Consortium     Suleiman Ajadi     Abubakar B.M     Marafan Shonga     Mohammed Khadijat Kubura     Al-Adaby     Ajeigbe     Alao Ayotunde     Photo News     Sarah Jubril     Peter Obi     Yusuf Abdulraheem     Yusuf Babatunde Abdulwahab     Convocation Ceremonies     Lanre Badmas     All Confederation Of Principals Of Secondary Schools     Agboola Abdulraheem     Charles Ibitoye     TVC Female National Debate     Kehinde Boyede     International Public Sector Accounting Standards     Mubarak Oladosu     Salman Alada     Olufolake Abdulrazaq     Abdulmumin Yinka Ajia     Arandun     Jide Ashonibare     Yekeen Alabi     Alimi Abdulrazaq     Centre For Peace And Strategic Studies     Olatunji Ibrahim     Monthly Sanitation     Samuel Adedoyin     C2c@kwarastate.gov.ng     Ayinde Oyepitan     Moji Makanjuola     Mahee Abdulkadir     Gambari     Oke-Ogun     LAK Jimoh     Oloye     Tunde Yusuf     Ayo Salami     Senior Staff Union Of Colleges Of Education     Idris Amosa Oladipo Saidu     Muyiwa Oladipo Kanu     Issa Manzuma     Tanke Flyover Bridge     Rex Olawoye     Chemiroy Nigeria Limited     Standard Organization Of Nigeria     Ahman Pategi University     Saidu Kawu     Galadiman Ngeri     Al-Hikmah University     Maimunat Oloriegbe     LEAH Charity Foundation     Colleges Of Education Academic Staff Union     BECE     Issa Memunat Moyosore     Adedayo Yusuf Abdulkareem     Susan Modupe Oluwole     Okedare     Congress For National Consensus     Alabe     Kolade Solagberu     Nigerian Army     Ganmo Electricity Sub-Station     Taofik Mustapha     Abraysports FC     Yakubu Mohammed Abdullahi     Kayode Ishola     Abdulfatai Baakini     Idi-Ape     Aso Ofi