Kwara PDP, Assembly tackle gov over N20 billion Bond
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.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Rasheed Jimoh Kwara State Government Ben Duntoye Mujtabah Bature Saadu Alanamu GGDSS Pakata Yusuf Arowosaye Na\'Allah Abdulrazaq Sanni Kwara State Sports Commission MMWG UITH Rabiu Kwankwaso Ijakadi Ilorin Emirate Stakeholders Forum Illyasu Abdullahi John Mayokun Dada Bamidele Aluko Ilorin Curfew Muhammed Abdullahi Adamu Atta Raheem Adaramaja Olanrewju Okanlawon Musa Tsaragi NNPP Rebecca Bake Sa\'ad Alanamu Aliyu Sabi Toyin Falola Lotus Bank Ojo Isekuse Shade Omoniyi Idris Amosa Oladipo Saidu Aro Yahaya Iponrin Bola Iyabo Ibiyeye Adisa Sherif Shagaya Special Adviser On Digital Innovation Jumoke F. Ajao United Nigeria Congress Party Issa Oloruntogun Radio SBS Ahmed Saidu Rufai IEDPU Asa Saka Keji Damilola Yusuf Segun Ogunsola Muazam Nayaya Cassava Growers\' Association Abubakar Baba Sulaiman Ilesha Gwanara Road ANCOPPS Kale Kawu Alimi Abdulrazaq Yusuf Ali Folashade Omoniyi Women For Change And Development Initiative KWASEIC Old Oyo Abdulwahab Ololele Ishaq Oloyede Nigeria Governors\' Forum Fatai Olodo Kwara State Council Of Chiefs Apaokagi Ademola Kiyesola Gaa Olobi Isa Aremu Village Alive Development Association Kamoru Kadiri Ramadhan Dauda Adeniran Adeshola Public Holiday Kumbi Titiloye Ibrahim Gambari Ayotunde Emmanuel Alao

