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.

Student Learning Support Helpline     Ridwan Agboola     Aminu Adisa Logun     Park     Muhammad-Mustapha Suleiman     Pius Abioje     Apaola     Mahee Abdulkadir     Mogaji Aare     Orire     Bareke     Sarah Jubril     Olusegun Adeniyi     Ahmad Lawan     Hassan Oyeleke     Post-utme     Tunji Folami     Gamji Members Association     Boko Haram     Kwara Hotel     Agor     Ibrahim Mashood     Salami Adekunle     Yunus Lawal     Solomon Edoja     Dasuki Belgore     Oloje     Oloriegbe     Yeketi     Neuropsychiatric Hospital     Offa Metropolitan Club     Magaji Are     General Tunde Idiagbon International Airport Ilorin     Moshood Kashimawo Abiola     Atiku     Ganmo     UTME     Tanke Road     Tope Daramola     Transition Implementation Committee     Yusuf Abubakar     Bukola Saraki     Mukhtar Shagaya     Halimat Yusuf     Wahab Egbewole     Oke-Kura     Adama Isa     Col. Taiwo     Yusuf Lawal     Umar Sanda Yusuf     Sarah Alade     Olatinwo     Moro     Emmanuel Bello     Sulyman Age AbdulKareem     Age AbdulKareem     Benin Republic     Gbemi Saraki     Rasaq Jimoh     Kpotum Mohammed Baba     Fatai Adeniyi Garba     Wahab Olasupo Egbewole     National Union Of Road Transport Workers     Volunteers Of Ilorin Community And The Emirate     Abdulsalam Firdaous Amosa     Yinka Aluko     Shururat Olatinwo     Adamu Jemilat-Baki     Omoniyi M. Ayinla     Henry Makinwa     Aminat Ahmed     Dan Iya Of Ilorin     Kwara 2015     Afolasade Opeyemi Kemi     Kupchi Hosea Maxwell     Azeez Bello     Agor Market    

Cloud Tag: What's trending

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

Gamji Members Association     Jaigbade Alao     Lotus Bank     Kwara State Pension Board     Okin Biscuits     Saheed Popoola     Salihu Yahaya     Alao Ayotunde     Ilorin Metro Park     The Herald     PharmAccess Foundation     Oba Abdulraheem     Ejidongari     Muhammad Toyin Sanusi     JSSCE     Christopher Odetunde     Balogin Alanamu     Okanlawon Taiwo     Isiaka Rafiu Mope     Mohammed Lawal     Abdulmumini Jawondo     Yakubu Danladi     Bayo Lawal     Solomon Edoja     Kunle Suleiman     Ayoade Akinnibosun     Shuaib Jawondo     Oju Ekun Sarumi     Leke Ogungbe     Musa Yeketi     Ilorin Descendants Progressive Union     Manzuma     Jimba Babatunde     Imodoye Writer’s Enclave     LABTOP     Isiaka Danmeromu     Kwara State Government     Illyasu Abdullahi     Curfew     Millennium Development Goals     KWASSIP     Babaita     Apata Ajele Secondary School     Jide Ashonibare     Ayekale     Budo-Egba     Suraj Tunji Oyewale     Charcoal     Amusement Park     Kawu     Ishak Mohammed Sabi     SSA Youth     Kazeem Adekanye     Saheed Alakoso     Omotoso     Ben Duntoye     Muhammad-Mustapha Suleiman     Gambari     Ajikobi     Sebastine Obasi     Nigerian Army     Hydro-electric Power Producing Areas Development Commission     Abiodun Musa Aibinu     Aishat Sulu-Gambari     Mamman Saba Jibril     Iqra Books     Ilorin South Constituency     Kwara TV     All Confederation Of Principals Of Secondary Schools     Olushola Saraki     Laolu Saraki     Femi Agbaje     Oyawoye     NIPR     Issa Manzuma     Sheikh Hamzat Yusuf Ariyibi     Marafan Shonga