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.

Aliyu U. Tilde     Nigerian Supreme Council For Islamic Affairs     Baba Idris     Folaranmi Aro     Mukhtar Shagaya     Yeketi     Ethical College     Olupako Of Share     Quran     COEASU     IESA     Adekunle David Dunmade     Olaiya Victor Mobolaji     Omupo     Orire     Emir Of Kano     Teachers Specific Allowance     Ubandoma Of Ilorin     Tescom.kwarastate.gov.ng     Mujtabah Bature     Moremi High School     Ifelodun     IPSAS     Ahmed Alhasssan     National Union Of Road Transport Workers     Sherif Sagaya     Hauwa Nuru     Ilorin Durbar     Kwarareports     Isaac Gbenle     Javed Khan     Abdulrasheed Akogun     National Pilot     Saliu Ajibola Ajia     Mohammed Saidu     Kwara State Health Insurance Agency     Abdulrahman Abdullahi Kayode     Funmilayo Braithwaite     Chief Imam Of Offa     Yahaya Jibril Usman     Shuaibu Yaman     Khadijat Ayoola Yusuf     Ijakadi     Dan-Kazeem     Press Release     Ghali Muhammed     Kehinde Baale     Noah Yusuf     Maryam A. Garuba     Federal College Of Education (Special), Afon     Yakubu Gobir     Olajumoke Monsura Gafar     Gbemisola Oguntimehin     Chief Imam Of Lafiagi     Sulu Babaita Isiaka     Tafida     Sarah Alade     UTME     Sulyman Atolagbe Alege     Medview Airlines     MATTA Girls Foundation     Nigeria Association Of Women Journalists     Ahmed \'Lateef     Sheikh Alimi     Senior Staff Union Of Colleges Of Education     Asa LGEA School     Yusuf Abdulkadir     Awili Pedro     David Adesina     Mohammed Jimoh Faworaja     Just Event Online     Bello John Olanrewaju     Muhammad Toyin Sanusi     Isiaka Oniwa     Doyin Agbamu     Oke-Oyi     Olukotun Of Ikotun    

Cloud Tag: What's trending

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

Towobola Abdulrahman Toyin     Babaloja-General     Salaudeen Oyewale     Ndakene     Ado Ibrahim     Kisra     The Herald     Muhammad Ghali Alaaya     Binta Abubakar Mora     Ilorin Central Mosque     Kamaldeen Kehinde     Chemiroy Nigeria Limited     Ahmed Idris Mohammed     Yakubu Dogara     Hijaab     Abubakar Abdullahi Bata     Arinola Fatimoh Lawal     KWTV     Bibire Ajape     Park     Ibrahim Taiwo Road     Omotoso     Rabiu Kwankwaso     AbdulRasaq Abdulmajeed Alaro     Abdulazeez Uthman     S.O. Opowoye     Royal FM     Hamza Usman     Patigi Regatta     Abubakar Baba     Garba Ado Sanni     Omotosho     Mashood Dauda     Lateef Ademola Olatunji     Sherif Shagaya     C2c@kwarastate.gov.ng     Tope Daramola     Assayomo     Tanke Road     Kwara 2023     Kunle Okeowo     Isaac Gbenle     Oko-Erin     Toyin Olayinka Tejidini     Bilikisu Oniyangi     Facebook     Yusuf Arowosaye     Babajide Ajayi     Bola Tinubu     Shettima     AbdulKareem Yusuf Danhawa     Ileloke     Abdulwahab Oba     Abdulsalam Firdaous Amosa     Mohammed Yisa     Sabitiyu Grillo     Lawal Arinola Kudirat     Quareeb Islamic Association     Muhammed Aliyu     Sarah Alade     International Public Sector Accounting Standards     Facemasks     Suleiman Rotimi Iliasu     Raliat Islamic Foundation     Wasiu Odewale     Rebecca Bake     Ilorin West     Shehu Jimoh     NTA Ilorin     Ahmad Ali     Salihu Jibril Garbi     Olatunji Ayeni     Kubra Kazum     Yoonus Lawal     Gani Saadu     Ibikunle Ogunleye     Umar Ahmed Gunu