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.

Irepodun     Alaiye     UNILORIN Alumni Association     UITH     Abubakar Aliagan     Kpotum Mohammed Baba     KSIRS     Isin     Muslimah Entrepreneurship Forum     Ahmed Saidu Rufai     Abdulrauf Aliyu     Hikmah AbdulKareem     Malete     Col. Adedipe     Tunde Mukaila Mustapha     Lawan     Ashiru     Olusegun Adeniyi     IF-K     Joseph Bamigboye     Sulyman Abdulkareem     Quareeb     Ministry Of Women Affairs And Social Development     Michael Nzwekwe     Amuda Musbau     David Oyerinola Adedunmoye     Jalala     Yomi Adeboye     Saad Omo\'ya     Mope Dasuki Belgore     Jaiz Bank     Kayode Ishola     General Hospital     ITP     Durbar     Yaman     Nigeria Customs Service     Kayode Ibrahim     SGBN     Kwara TV     Muyiwa Oladipo Kanu     Oke-Ero     BIR     Sai Kayi     Ajase-Ipo     Alimi Abdulrazaq     Prince Sunday Fagbemi     March 28     Arinola Fatimoh Lawal     Balogun-Ojomu     Maimunat Oniyangi     Isiaka Gold     Oke-Kura     Yomi Ogunsola     Abdulrahman Abdulrazaq     Lithium     Kola Adesina     Iyaloja-General     Theophilus Oyebiyi     Mogaji Aare     Ronke Adeyemi     Wasiu Odewale     Sodiya     Senior Ibrahim Suleiman     Abdulganiyu Salahudeen     Ibraheem Adeola Katibi     Saliu Mustapha     Kayode Alabi     Isa Aremu     Federal Road Maintenance Agency     New Model Police Station     NURTW     Tunji Oyawoye     Funmilayo Mohammed     Aisha Abodunrin Ibrahim     International Vocational Centre     Young Progressives Party    

Cloud Tag: What's trending

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

Economic And Financial Crimes Commission     Shehu Adaramaja     Sherif Sagaya     Jamiu Oyawoye     Salihu Alhaji Musa     Memunat Monsuma     Kola Ologbondiyan     Split Diamond Interchange     Hamidat Sulyman-Yusuf     Hijaab     Tafida     Balogun Gambari     Aliyu Olatunji Ajanaku     Kayode Oyin Zubair     Ella Supreme Tissue Paper     Gafaru Olayiwola Olorisade     Alaro     Yunus Oniboki     Ajasse-Ipo     Omoniyi Ayinla     Salihu Ajibola Ajia     Chikanda     Abdulrahman Abdulrasaq     Kamaldeen Kehinde     Afetu Of Alabe     Rasheed Jimoh     Ifelodun     Ahman Patigi     Oyun     Y.A. Abdulkareem     Adebayo Mohammed Kamaldeen     Odolaye Aremu     Olabode George Towoju     HAMFAT Clinic And Maternity     Funmilayo Isiaka Oniwa     AbdulRazaq Abubakar Jiddah     ITEM 7     Najim Yaasin     Saheed Popoola     Abdullahi Samari     Abdulrazak Shehu Akorede     CUTI     Alliance For Democracy     Ilorin South     Saadu Yusuf     Erubu Oba Zubair     Sunday Otokiti     Communication Network Support Services     Shettima Of Ilorin     Nurudeen Muhammed     Elewu     Musibau Akanji     Taiwo Joseph     Quran     Abraysports FC     Amuda Musbau     Ahmed Bayero     Turaki Of Ilorin     Edu     V.O. Abioye     Abdulrazaq Aiyelabegan     Sodiya     Sa\'adatu Modibbo-Kawu     Ilorin Emirate Stakeholders Forum     Bamidele Adegoke     Isapa     Tunji Oyawoye     Khadijat Ayoola Yusuf     Yakub Lai Gobir     KWTV     Raji Ayodele Kamaldeen     Sidikat Uthman Ajibola     Arca Santa     Olokoba     CACOVID     Oloye     Muhammad Mustapha Suleiman