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.

Imodoye Writer’s Enclave     Prince Mahe Abdulkadir     Omotosho     Kwara State Fish Farmers Association     Kayode Ishola     Issa Baba     Shagari     Adebayo Salami     Sulyman Abdulkareem     Babatunde Idiagbon     Oladipo Akanmu Tolani     Kayode Alabi     Muhammed Mahe Abdulkadir     Jimba Babatunde     Igbaja     Bature Bello     Oke-Ero     Bibire Ajape     Matthew Okedare     Abdullahi Dasilva Yussuf     Mahe Abdulkadir     Ajasse-Ipo     Saka Saadu     Mahmud Ajeigbe     JAAC     Kulende     Eleja     Ekweremadu     Razaq Ayobami Akanbi     NURTW     Abdulganiyu Oladosu     Funke Adedoyin     Jumoke F. Ajao     Bio Ibrahim     Kpotum Mohammed Baba     Folaranmi Aro     Abdulrosheed Okiki     Kazeem Oladepo     Isiaq Khadeejah     Oye Tinuoye     Henry Makinwa     NYSC     Jalala     Adegoke Bamidele     Wasiu Onidugbe     Marafan Shonga     Omu Aran     Federal Polytechnic Offa     General Hospital, Offa     Kunle Suleiman     Kwara State Governor     Suleiman Ajadi     Raliat AbdulRazaq     Abdulrasheed Akogun     Kehinde Baale     Jani Ibrahim     Owode Market     Jebba     Oke-Odo     PAACO-PCL Consortium     Ope Saraki     Association Of Kwara State Online Media Practitioners     Ahmad Fatima Bisola     Guber Aspirant     3MTT     Olosi Of Osi     Modibo Kawu     Saad Omo\'ya     Okin Biscuits     Abdulrazaq Aiyelabegan     Saliu Oluwole     Haruna Tambiri Mohammed     Hassan Abdulazeez Elewu     Abdullah Janet Amudat     REO CAKES     Kwara 2015     Alabe    

Cloud Tag: What's trending

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

Kpotum Mohammed Baba     Laolu Saraki     Plat Technologies     United Nigeria Congress Party     Olatunde Oyeyiola     Salman Alada     Binta Sulyman     Okin Biscuits     Hijaab     Olabode George Towoju     Abdulrahman Abdulrazak     Elerin Of Adanla Irese     Tunde Mukaila Mustapha     Split Diamond Interchange     Hausa     Kayode Zubair     Rabiu Kwankwaso     Olatunji Bamgbola     Kolade Solagberu     Sidikat Akaje     Busari Toyin Isiaka     Ahman Pategi     JUSUN     Kwara State Sports Commission     Lawal Olohungbebe     SGBN     Yusuf Lanre Badmus     Abdullahi Adisa Akodudu     Damilola Yusuf Adelodun     Abdulquowiyu Olododo     Gobir     Alabi Olayemi Abdulrazak     Kola Ologbondiyan     Ibrahim Sulu Gambari     Kwha.gov.ng     Saliu Mustapha     Aishat Mohammed Lawal     Sheikh Ridhwanullah     Wasiu Odewale     Shehu Adaramaja     Bilikis Oladimeji     Esuwoye     Turaki Of Ilorin     Timothy Olatunde Fadipe     Trade Lenda SME Fair     Oloje     Moses Adekanye     Tayo Alao     SSA Youth     Is\'haq Modibbo Kawu     Ganiyu Taofiq     Saheed Popoola     Chief Imam Of Ilorin     Isiaka Oniwa     Kwara State Television     Sheikh Ariyibi     James Ayeni     Maimunat Oloriegbe     Kwarareports.com     Aliyu Adebayo     Democracy Day     Issa Baba     National Information Technology Development Agency     Boko Haram     Olabanji Orilonishe     Mohammed Jimoh Faworaja     Yakub Lai Gobir     Katibi Ibraheem Adeola     Logun     Gafaru Olayiwola Olorisade     Hauwa Nuru     Tinubu Legacy Forum     Saliu Tunde Bello     Joseph Yemi Ajayi     Haruna Tambiri Mohammed     Yakubu Dogara     High Court