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.

Lawal Arinola Kudirat     Olushola Saraki     Ebola     ITP     Adamu B. Yaqubu     IESA     Admiralty Villa     Jamiu Oyawoye     CELF     Revenue Court     Saliu Shola Taofeek     Abdullah Janet Amudat     Ambassador Kayode Laro     Yusuf Mubarak     Tunji Arosanyin     Moses Salami     Amosa     Agboola Abdulraheem     Ayoade Akinnibosun     Abdulmajeed Abdullahi     Fola Consultant     NURTW     NIPR     Al-Adaby     Raymond Olaitan     Suleiman Ajadi     Government House     Ilorin Muslim Community     Raji Ayodele Kamaldeen     Ahmed Bolaji Nagode     Musibau Akanji     Micheal Imodu-Ganmo Road     Yakubu Mohammed Abdullahi     Lawan     Haruna Olawale Sulaiman     Yakub Ali-Agan     Lateef Ademola Olatunji     KWIRS     Olatunji Bamgbola     AbdulRahman Saad     Umar Adelodun     Mohammed Abduraheem     Ilorin Emirate Stakeholders Forum     Abdulrosheed Okiki     Abiodun Musa Aibinu     Bashirat Bola Bello     AbdulQowiy Olododo     Odo-Owa     Ibrahim Akaje     Prince Sunday Fagbemi     NYSC     Wahab Kunle Shittu     Sam Onile     NULGE     Yekeen Alabi     Twitter     Ilesha Gwanara Road     Jebba     Unilorin     Vasolar-Kwara Company Ltd     Umar Bayo Abdulwahab     Mustapha Akanbi     Wahab Femi Agbaje     Sun Qing Rong     Bisi Kristien     Ilorin General Hospital     Ayegbeni     Mohammed Katsina Ahmed     Oba Abdulrahim     Offa Metropolitan Club     Ariyo     Jawondo     Oba Abdulkadir La\'aro     Falokun-Oja     Yusuf Zulu-Gambari     Abdulrazaq Aiyelabegan     Abubakar B.M    

Cloud Tag: What's trending

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

Nigerian Correctional Service     Read With Me     Orisun Igbomina     Aishat Mohammed Lawal     Patigi Regatta     Moji Makanjuola     Kulende     Olatunji Moronfoye     Face Masks     Kawu Baraje     Kwara Teaching Service Commission     Ahmed Ayinla Jimoh     Ajibola Saliu Ajia     Isau     Gbadeyan Gbadura Yomi     Suleiman Mora Omar     Gbajabiamila     Local Government Pension Board     Muideen Olaniyi Alalade     Plat Technologies Limited     Akorede     Abiodun Abdulkareem     07039448763     Isiaka Rafiu Mope     Farouk Salim     Muhammadu Buhari     Prince Mahe Abdulkadir     Ibrahim Gambari     NAWOJ     Busari Toyin Isiaka     Adamu Attah     Gbugbu International Market     Falokun-Oja     Christopher Odetunde     First Lady     Alfa Yahaya Road     Kwara-SAPZ Project     Abdulsalam A. Yusuf     Alapansapa     Saba Mamman Daniel     Kwara State Television (KWTV)     SAPZ Project     Aliyu Muyideen     A.G.F Abdulrasaq     Ahmed Mohammed Rifun     Jebba     Omu-aran     Femi Ogunsola     Owode Market     Niguel Gallando Marcias     Towoju     Aisha Ahman Pategi     Alagbado     20 Billion Bond     James Kolo     Ghali Alaaya     Unilorin     Ariyo     Yahaya Abdulkareem     Joseph Alex Offorjama     Neo Mundo Ltd     Jaigbade Alao     National Union Of Road Transport Workers     Waziri Yakubu Gobir     Adedeji Onimago     CACOVID     IEDPU     Yusuf Amuda Gobir     General Hospital, Offa     NSCIA     Biliaminu Aliu     Baboko Primary School     Idris Amosa Saidu     Iqra Books     Mukhtar Shagaya     Oluwarotimi Boluwatife Adenike     UTME