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.

Taofeek Sanusi     Okin Biscuits     Seni Saraki     Kayode Yusuf     Bilikisu Oniyangi     Yemi Osinbajo     Monkey Pox     Aso Ofi     Ibrahim Abdulkadir Abikan     Hussein Olokooba     Sulyman Tejidini     Ilorin.Info     Sun Qing Rong     Academic Staff Union Of Universities     Jimoh Akani     Ilorin Water Reticulation     Bayo Onimago     Abdulkadir Remi Hawawu     Taiwo Joseph     Ilorin Anchor Men And Women     Alaiye     Suleiman Mora Omar     GAMA     Abdulmumini Jawondo     Unilorin     Muhammad Ghali Alaaya     Elese Of Igbaja     Hauwa Nuru     Eleyele     Mutawali     Al-Ilory     Oko Erin     Police Commissioner     Ebun-Olu Adegboruwa     Toyin Falola     Olukotun Of Ikotun     Ishola Abdullahi     Sheu Ndanusa Usman     Samari     GGDSS Pakata     Yakub Lai Gobir     Saadu Gbogbo Iwe     Owo Isowo     Rebecca Bake     Alikinla     Lasiele Alabi Yahaya     Jeunkunu-Malete-Bani     IHS     Abdulkadir Orire     Ambassador Kayode Laro     Kehinde Boyede     Adeniyi Ojo     International Public Sector Accounting Standards     Mohammed Lawal     Jani Ibrahim     Valsolar Consultoria     Tsaragi-Share     Abdulwahab Oba     Abdullahi Adisa Akodudu     Bashir Adigun     Raliat Islamic Foundation     Grillo     Umar Danladi Shero     Salaudeen Oyewale     Salihu Jibril Garbi     Allocation     Oya State     Adesoye College     Offa Poly     Olushola Saraki     Tunji Folami     Taofeeq Olateju     Dauda Adeniran Adeshola     Olaitan Adefila     Kola Ologbondiyan     Ijagbo Health Centre     Ajakaye    

Cloud Tag: What's trending

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

Muazam Nayaya     International Vocational Centre     Yahaya Oloriegbe     Razak Atunwa     Quareeb     Issa Oloruntogun     Sulaiman Gado     Www.Kwarareports.com     UNILORIN Alumni     Abegunde Goke     Abdulganiyu Salahudeen     Sola Saraki University     Yoruba     Shuaib Olarongbe     Innocent Okoye     Kola Bukoye     Oluranti Idowu     Ladi Hassan     Tunde Oyawoye     Muhammed Abdullahi     Soffiyyallah Kamaldeen     Yomi Adeboye     UITH     Special Adviser On Digital Innovation     Abdulrasaq Alaro     Salary     Neuropsychiatric Hospital     Orisun Igbomina     Sanusi Abubakar     Balogun-Ojomu     Idi-Ape     Segun Abifarin     A.G.F Abdulrasaq     Bello Oyedepo     Funmilayo Isiaka Oniwa     Mohammed Kamaludeen     Ajia-Bako     Chief Imam Of Lafiagi     Memunat Monsuma     CACOVID     Gobir Organization Foundation     Jimba Babatunde     David Oyedepo     Danhawa     Oyun     Iponrin     Oba Of Jebba     Olaitan Adefila     Ahmad Lawan     Adeola Abraham     Senior Ibrahim Suleiman     Saliu Ajibola Ajia     Bola Shagaya     Adolescent Girls Initiative For Learning And Empowerment     Peter Obi     Solomon Edojah     Abdulkadir Bolakale Sakariyah     Eleja Taiwo Banu     Kwara Liberation Group     Kawu     Adamu Jemilat-Baki     Yakub Ali-Agan     IFK     Binta Sulyman     YAKOOYO     JSSCE     Timothy Olatunde Fadipe     RTEAN     Ajuloopin     KWIRS     Afolasade Opeyemi Kemi     Sidikat Akaje     MalHub     Aisha Abodunrin Ibrahim     Muhammed Taofeeq Abdulrazaq     Oye Tinuoye     Oba Sulaiman Asude