Kwara PDP, Assembly tackle gov over N20 billion Bond

Date: 2015-11-26

The Kwara State chapter of the Peoples Democratic Party (PDP) and the state House of Assembly which enjoys a majority of members of the All Progressives Congress (APC) have gone on war path with the state governor, Alhaji AbdulFatah Ahmed over the proposed N20 billion Bond the state government is proposing to take.

Already, the state House of Assembly has urged the state government to furnish the legislature with detailed information on the bond so far accessed by the present administration in the state. This is coming on the heels of the allegation by the state publicity secretary of the PDP, Mr. Rex Olawoye, that the government of Ahmed has taken up to five bonds in the last five years.

The demand for a detailed information by the assembly is part of resolutions reached by the House following the State Governor AbdulFatah Ahmed's request for the House resolutions on the proposed seven-year N20billion bond to address critical developmental projects in the state and read by the Speaker Dr. Ali Ahmad on the floor of the House.

Reading the resolutions of the House, the Speaker commend the state government for its vision conceptualising the stimulus acceleration plan and proposing various projects that will improve on the lives of the people. According to the Media Aide to the Speaker, Adebayo Abdullahi, the detailed information requested for would assist the House to access the impact of the previous bonds accessed by the state government on the lives of the people of the state.

?

The House equally urged the Executive arm of government to furnish the legislature with detail information on the cost and locations of the projects to be executed under the proposed bond. The legislature also resolved to consult widely with members of their constituencies on the proposed bond so that they will be better informed and obtain their inputs on the proposed N20billion bond.

Members had while speaking on the proposed bond frowned at the Executive arm of government for not consulting with the legislative arm before citing projects in their constituencies. They said as representative of their constituents, they were better informed on the needs of their people and their inputs would help government to prioritise the needs of their people.

The Speaker while directing the Clerk to the House to communicate resolutions of the House to the State Governor said the House would not rush at taking a decision which according to him may affect the future generation. Besides, the state government has advised the state chapter of PDP to properly educate itself about government programmes instead of misleading the public.

In a statement issued in Ilorin, the state government condemned as misleading, a claim by the state publicity secretary of the PDP, Mr. Rex Olawoye, that it has taken up to five bonds in the last five years. The state government said the previous administration of Dr. Bukola Saraki obtained a N17b bond in 2009 to fund major infrastructure projects in the state which was paid off in August 2013.

Moreover, the state government wondered where the PDP got the figures of N23b and N30b bonds referred to in the said interview and advised the opposition party to seek clarification instead of misleading the public with phantom figures.

Setting the records straight, the state government said the proposed N20b, when approved, will be utilised for reviving ongoing projects on road, education, health, energy, water and sports as well as new ones that were stalled following the drop in FAAC allocation to the state from N3.2b monthly to N1.8b monthly. Stressing that the temporary reliance of the state government on federal government bail out funds for the payment of salaries was not peculiar to the state, the statement said many others, including those controlled by the opposition PDP, had received bailout for salary payment. Nevertheless, the statement stressed that the state government was one of those with the lowest levels of salary arrears.

Government also emphasised that the proposed N20b bond was a strong indication that the state economy was robust as no bank will lend money without demonstration of proven capacity to repay.

Source

 

Cloud Tag: What's trending

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

Ebun-Olu Adegboruwa     Salihu Ajia     David Oyerinola Adedunmoye     Transition Implementation Committee     Rachael Obisesan     Bayo Ajia     Olabode Towoju     Kwara State Sports Commission     Aliyu Adebayo     Amusement Park     Ilorin Emirate     Offa Metropolitan Club     James Kolo     Abdulrahman Abdulrasaq     General Hospital     KWASEIC     Lawal Olohungbebe     Risikat Lawal     UNIFEMGA     TETFUND     Chief Imam Of Lafiagi     John Mayokun Dada     Ganiyu Abolarin     Alabi Olayemi Abdulrazak     Issa Memunat Moyosore     Kwara 2023     Baba Issa     Cornelius Adebayo     Kupchi Hosea Maxwell     Sobi FM     Village Alive Development Association     Ahmad Belgore     MAI Akande     Simeon Ajibola     Simeon Sule Ajibola     Kazeem Gbolagade     Matthew Babaoye     Zubair Folorunsho Erubu     Kwha.gov.ng     General Tunde Idiagbon International Airport     Kwara South     Mohammed Lawal Bagega     Islamic Development Bank     KWATMA     Hassan Taiye Salam     Amasa     Mubarak Oladosu     Pategi     Sidikat Alaya     08001000100     SARS     Saliu Alamoyo     Opobiyi     Oasis Muslim Care Foundation     Abubakar Bature Sulu-Gambari     Oba Of Jebba     Makama     Alanamu     Face Masks     Harmony Holdings     Aminu Ado Bayero     Sabitiyu Grillo     All Peoples Party     Hassan Saliu     Abdulazeez Arowona     MATTA Girls Foundation     Bayo Onimago     Okedare     Sola Saraki University     Tuesday Assayomo     Alabere     Kwara Volleyball Association     Sanusi Abubakar     Okala Baba     Olateju Lukman     Hussein Oloyede     Tayo Alao    

Cloud Tag: What's trending

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

Raymond Olaitan     Abdulkadri Ahmad Alaiye     Aisha Ahman-Pategi     Prince Sunday Fagbemi     Lola Olabayo     Ilorin East     Sarah Alade     Ijagbo     Mansurat Amuda-Kannike     Hijaab     Popo-Igbonna     KWIRS     Kunbi Titiloye     Adebara     Galadima     Wahab Femi Agbaje     Olaoye B. Felix     Obasanjo     Hamid Bobboyi     GGDSS Pakata     Okanlawon Taiwo     Aliyu Muhammad Saifudeen     SWAN     Ibrahim Mashood     Monthly Sanitation Exercise     Sulyman Age AbdulKareem     Haleeman Salman     Valsolar-Kwara Company Limited     Ishaq Salman     Lanwa     Ajibola Saliu Ajia     Elelu     Garment Factory     Centre For Peace And Strategic Studies     TIC     Habeeb Abdullahi Al-Ilory     Abdulquawiy Olododo     James Kolo     Sulaiman Gado     College Of Health     Emmanuel Olatunji Adesoye     Lanre Issa-Onilu     Metro Park     Simeon Sayomi     Lafiagi     Abdulkadir Akanbi-Oke     Kola Adesina     Okedare     Boko Haram     Gwanara     ASUU     Alikinla     Ilorin Curfew     High Court     Ramadan     Bursary     Sobi FM     Amoyo     Ajibike Katibi     KWASAA     Hassan Abdulazeez Elewu     Royal FM     Saad Omo\'ya     Mohammed Yahaya Barki     Kwara United     Senate     Abdul-Rasheed Na\'Allah     Aliyu Umar     Offa Descendants Union     Okasanmi Ajayi     Balogun Ajikobi     Salihu S. Yaru     Mohammed Yisa     Lawan     Ilesha-Gwanara     Baaziki Sulaiman     Ola Falade