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.

Fatimoh Lawal     Yekeen Alabi     Ilorin Central Mosque     Democracy Day     Ganmo Power Sub-Station     Femi Oladiji     Kwara State Television     FOMWAN     Zulu Gambari     Ilorin South Constituency     Abdulrasheed Lafia     Road Transport Employers Association Of Nigeria     Arandun     Saka Keji     Kwara South     KFA     Tuesday Assayomo     Taibat Ayinke Ahmed     Haliru Dantoro     Okasanmi Ajayi     Prince Bola Ajibola     Samuel Olusegun Adedayo     Muslim Stakeholders Of Kwara State     Abdulrahman Abdulrazak     Saba Mamman Daniel     Bio Ibrahim     Alfa Modibbo Belgore     Ibikunle Ogunleye     Funmilayo Isiaka Oniwa     Kayode Oyin-Zubair     Amoyo     Raliat AbdulRazaq     Ilorin Talaka Parapo     Kwara Basketball Association     Elerin Of Adanla Irese     Federal Allocation     Ibrahim Akaje     Ahmed Alhasssan     UTME     Umar Gunu     Tanke Flyover Bridge     Alapado     Funmi Salau     Niyi Osundare     Dele Belgore     11th Galadima     Adolescent Girls Initiative For Learning And Empowerment     Surajudeen Akanbi     Waziri Yakubu Gobir     Kwara 2015     Abubakar Usman Jos     Sulyman Tejidini     Muhammad Mustapha Suleiman     Oyawoye     Ibraheem Adeola Katibi     Ahman Pategi University     Kola Bukoye     Alimi Abdulrazaq     Kehinde Boyede     Busari Toyin Isiaka     Zara Umar     Abubakar Olusola Saraki     Farouk Salim     Jimoh Saadudeen Muhammed     Bisi Kristien     Aasiyat Bello Oyedepo     Abdullahi Atanda     Savannah Centre For Diplomacy, Democracy And Development     Kamoru Kadiri     Revenue Court     Ijakadi     Students Union Government     Kazeem Oladepo     Ayodele Kuburat Olaosebikan     Ilorin Like-Minds     Alabi Lawal     Okin Group    

Cloud Tag: What's trending

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

Wahab Femi Agbaje     Rabiu Kwankwaso     Lithium     Idris Garuba     AbdulRahman Saad     Abdulrosheed Okiki     Saad Belgore     KWASAA     Pategi     Congress For National Consensus     Ladi Hassan     Agboola Abdulraheem     Umar Ayinla Saro     Kayode Zubair     Saba Jibril     Dogara     Ayo Salami     JAMB     Saliu Shola Taofeek     Yakub Ali-Agan     Oke-opin     Tafida Of Kaiama     Oladipo Akanmu Tolani     Olaitan Buraimoh     Bola Olukoju     Abdulrahman Onikijipa     Mustapha AbdulGaniyu     LABTOP     Oko Erin     Saliu Oluwole     V.O. Abioye     Abdulkadir Remi Hawawu     Saidu Kawu     Modibo Kawu     Charcoal     NTA Ilorin     NIPR     Kwara State Internal Revenue Service     Ayekale     Pakata Development Association     Abdullah Janet Amudat     Olatunji Moronfoye     Abdullahi Dasilva Yussuf     Salihu Yahaya     Twitter     College Of Arabic And Islamic Legal Studies     Aliyu Muyideen     Mahe Abdulkadir     Oluranti Idowu     Harmony Holdings     Kayode Alabi     Offa Grammer School     Simeon Ajibola     Deji Ajani     Edu     Ayo Adeyemi     Raji AbdulRasaq     Abdulrasheed Akogun     Aliyu Umar     Taofik Mustapha     Senate President     Iliasu     Hijab     Aso Ofi     AbdulGaniyu Kareem     Oloyede     Buhari     CELF     Ilesha-Baruba     Olumide Daniel Ibitoye     UTME     Okeose Christian Cementary     Bayo Ojo     Jamiu Oyawoye     Saka Keji     Abdulmutalib Shittu     Abdulkadir Akanbi-Oke