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.

Hamidu Olowo     Kehinde Boyede     Vasolar     College Of Arabic And Islamic Legal Studies     NaAllah     11th Galadima     Oyawoye     Ilesha Gwanara Road     Seni Saraki     SWAN     Monsurat Omotosho     NFAI     Students Union Government     REO CAKES     Ibraheem Adeola Katibi     Academic Staff Union Of Universities     AbdulHamid Adi     Apaokagi     Muhammadu Gobir     Paul Odama     Seun Bolaji     Omoniyi     Olatunji Moronfoye     Jare Olatundun     M.Y. Abdulrahaman     Towoju     Saba Jibril     Chief Imam Of Lafiagi     Ogidi-Oloje     Azeez Salawu     Abdulahi Abubakar Bata     Dan Masanin     Aliyu Sabi     John Dara     Raimi Iyanda     Hassan Saliu     Ahmad Fatima Bisola     Mopelola Abdulmaliq-Bashir     Islamic Development Bank     Ahmed Alhasssan     Prince Mahe Abdulkadir     Adesoye     Olomu     Oke-Ode     Abdulkadri Ahmad Alaiye     Toyin Falola     Bureau Of Lands     VADA     Eruku     Kwara State Television (KWTV)     Leke Ogungbe     Abdulwasiu Bolaji Adeyi     Balogun Gambari     Okin Biscuit     Aishat Sulu-Gambari     Habeeb Saidu     KWIRS     Orisun Igbomina     Abdulrahman Abdulrazaq     Ilorin Metro Park     Taofik Abdulkareem     Umar Yakubu Jaja     Ilorin East/South Federal Constituency     Nigerian Army     Modupe Oluwole     Yeketi     Yunus Oniboki     Sam Onile     Otuka     A.O. Belgore     Ahman Patigi     Falokun-Oja     AbdulRahman Saad     Fola Consultant     Metro Park     NNPP     Tunde Yusuf    

Cloud Tag: What's trending

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

Salaudeen Oyewale     Just Law Forum     Bareke     Nupe     Micheal Imoudu     Kehinde Baale     Arik     Oyin-Zubair     Tafida     Oluwarotimi Boluwatife Adenike     Ita-Ore     Halidu Danbaba     Alfa Yahaya Road     Universal Basic Education Commission     Ilorin South     Abdulkadir Jimoh     Rice Farmers Association Of Nigeria     Goodluck Jonathan     AbdulRasaq Abdulmajeed Alaro     Yusuf AbdulRasheed     Abraysports FC     Christopher Ayeni     Umar Gunu     Yahaya Dumoye     Abdulfatai Ahmed     Tsaragi-Share     Ibrahim Abdulqadir Abikan     C2c@kwarastate.gov.ng     Adanla-Irese     Rebecca Bake     Seun Bolaji     Jelili Yusuf     Kamaldeen Kehinde     Ado Bayero     Dogara     State Bureau Of Internal Revenue     Ayodele Olaosebikan     Adebayo Salami     Olateju Lukman     Special Adviser On Digital Innovation     Taiwo Joseph     Usman Yunusa     KWSIEC     Bond     Lateef Fagbemi     Islamiya Abdulraheem     Bamidele Adegoke     Freshvine Nigeria Limited     Otunba Taiwo Joseph     Olusegun Adeniyi     Kwara South     Sanusi Abubakar     Javed Khan     Kisira     Danhawa     Mamatu Abdullahi     Sobi FM     Isiaka Saka Opobiyi     Kamaldeen Ajibade     Salihu Alhaji Musa     Saka Asiat Ayinke     Maryam Ado Bayero     New Model Police Station     Yahya Mohammed     Kolade Solagberu     Ndama Al-hassan     Ilorin General Hospital     Muyiwa Oladipo Kanu     Ahmed Saidu Rufai     International Aviation College     Onilupeju Of Ilupeju     Muhammad Sirajo Aliyu     Abdulwaheed Musa     Neuropsychiatric Hospital     Otoge     EndSARS     Durbar