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.

Ahmed Shuaib Buranga     Salaudeen Oyewale     Medview Airlines     Haashim Initiative For Community Advancement     Muslimah Entrepreneurship Forum     Abdulkadir Bolakale Sakariyah     Chief Imam Of Ilorin     Gabriel Fashanu     Sheriff Shagaya     IPSAS     Segun Ogunsola     Micheal Imoudu     Otoge     IQRA College     Lanre Olosunde     Rapheal Ashaolu     Abdulsalam Firdaous Amosa     Saliu Alamoyo     ASKOMP     Ilorin Likeminds Foundation     Just Event Online     Oja-Oba     Ahmed Saidu Rufai     COEASU     Owo Arugbo     NITDA     Iyeru Grammar School     Ayekale     Folashade Omoniyi     Danladi     Sulyman Abdulkareem     Osinbajo     Olugbense     Aiyedun     Olayinka Are     KWIRS     General Hospital, Offa     Balogin Alanamu     RTEAN     Musa Ayinla Yeketi     Sulaiman Gado     Ebun-Olu Adegboruwa     Adamu Atta     Ahmad Olanrewaju Belgore     AbdulHakeem Ajibola Akanbi     Roseline Oni Aremu     MalHub     Temitope Ogunbanke     Tafida Of Kaiama     Salihu S. Yaru     Ganmo     Abdulganiyu Oladosu     Taofik Abdulkareem     Valsolar Consultoria     National Information Technology Development Agency     Federal Neuro-Psychiatric Hospital     Bello Abubakar     Abegunde Goke     Kamaldeen Ajibade     Abdulrasheed Akogun     Tsaragi     General Tunde Idiagbon International Airport Ilorin     Olofa Of Offa     University Road     Kwara State Geographic Information Service     AbdulRauf Keji     Millennium Development Goals     Saka Keji     Hijab     Abdulfatai Baakini     Ilofa     Muideen Olaniyi Alalade     March 18     AGF Abdulrazaq     David Oyerinola Adedunmoye     Zainab Abass     Mufutau Gbadamosi Esuwoye    

Cloud Tag: What's trending

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

Laduba     Toyin Saraki     Folorunsho Erubu     Mohammed Ghali Alaaya     Adegoke Bamidele     Adama Isa     Sulyman Abdulkareem     Chemiroy Nigeria Limited     Ibrahim Sulu Gambari     Kwara South     Tunde Oyawoye     Yusuf Abdulwahab     Abdulsalam Firdaous Amosa     Maigidasanma     Suleiman Idris     Okanlawon Musa     Ekiti     TETFUND     Emir Of Yashikira     Abdulkadir Bolakale Sakariyah     Olaiya Lawal     Kamaldeen Gambari     Federal Neuro-Psychiatric Hospital     MMWG     Samuel Adaramola     Saudat Abdulbaqi     Oyedepo     Gafaru Olayiwola Olorisade     Fareedah Dankaka     Ibrahim Labaika     Sheikh Ridhwanullah El-ilory     Veterinary Teaching Hospital     General Hospital, Offa     Owo Arugbo     Chief Of Staff     Oloye     Barakat Community Secondary School     Mary Arinde     Adesoye     Rachael Obisesan     Yakubu Mohammed Abdullahi     Bolaji Gambari     Ileloke     Aliyu Muyideen     John Olajide Adedipe     Bluenile Associates     Elerin Of Erin-Ile     Towoju     Iyaloja-General     Osinbajo     Islamic Development Bank     Emmanuel Bello     Sulyman Buhari     Kwara State Sports Commission     Salake     Ilorin General Hospital     Ilorin     Simeon Sayomi     Afusat Nike Ibrahim     Jawondo     Umar Ahmed Gunu     Henry Olaosebikan     Olabanji Orilonishe     Odo-Owa     Ishola Abdullahi     Abdulwaheed Musa     Umar Adelodun     Olokoba     Royal FM     Ahmad Olanrewaju Belgore     Elesie Of Esie     Isiaka Oniwa     Agor     Amusement Park     Facebook     Funmi Salau     Ajidagba