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.

V.O. Abioye     Justina Oha     Kwara Coalition Of Business And Professional Associations     Ndakene     Akeem Lawal     Afin Descendants Union Of Odo-Owa     Lateef Fagbemi     Salake     Donatus Ejidike     IPSAS     Jelili Yusuf     Shehu Adaramaja     AGM Professional Services     Aisha Abodunrin Ibrahim     IESA     Young Progressives Party     Sai Kayi     Women For Change And Development Initiative     Ajibola Ademola Julius     Ita-Ore     Kwara 2019     Kazeem Adekanye     Afonja Descendants Union     Gbemisola Oguntimehin     Akande Idowu Ayoola Muhammed     Lafia Aliyu Korasabi     Yekeen Alabi     Ibrahim Taiwo Road     Muazam Nayaya     Tunde Oyawoye     Salihu S. Yaru     Ilorin Emirate Staff Association     Ministry Of Women Affairs And Social Development     Segun Abifarin     Split Diamond Interchange     Raliat Islamic Foundation     Egbejila     Ali Ahmad     KWACOBPA     Sa\'adatu Modibbo-Kawu     Abdulwahab Ololele     Iyabo Adewuyi     Diagnostic Centre     Budo Egba     Charles Ibitoye     Universal Basic Education Commission     Shehu Raheem Adaramaja     Olatunde Olukoya     Eghe Igbinehin     Amina El-Imam     Vasolar Consultoria     JSSCE     Bilikis Oladimeji     Bayo Mohammed Onimode     Senior Ibrahim Suleiman     Lanre Badmus     Kwara State Pension Board     Salmon Babatunde Salmon     Mansur Alfanla     KWATMA     Samari     Funmilayo Zubair     Mohammed Jimoh Faworaja     Bello Taoheed Abubakar     Okoolowo     Umar Ayinla Saro     Centre For Peace And Strategic Studies     Park     Ramat Oganija     Metro Park     Malete     Tsado Manman     Dan Iya     Kwara 2015     Mansurat Amuda-Kannike     Olatunji Ayeni     Gani Saadu    

Cloud Tag: What's trending

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

Abegunde Goke     Jamiu Oyawoye     Saliu Mustapha     Suleiman Alege Kuranga     Ayinke Saka     Isau     QuickWin     Mufutau Gbadamosi Esuwoye     LABTOP     Lateef Ademola Olatunji     Modupe Oluwole     Abdulrahman Abdulrazak     Dar-Al-Handasah Consultants     Societe Generale Bank Of Nigeria     Rihanat Ajia     Afonja Descendants Union     Sun Qing Rong     Aisha Gobir     Sulyman Tejidini     Ibraheem Abdullateef     Yusuf Abdulkadir     Awili Pedro     Olayinka Jelili Yusuf     Saidu Yaro Musa     Senate     Sobi Specialist Hospital     Nigerian Supreme Council For Islamic Affairs     Shonga Farm Project     Bilikis Oladimeji     Fatimah Abdulkadir     Tsaragi/Share     Ilorin Like-Minds     Alliance For Democracy     ASMAU PLAZA     Kwara Coalition Of Business And Professional Associations     Salihu Yahaya     Joseph Alex Offorjama     Ibrahim Mashood     Abdulmumini Sanni Jawondo     Abubakar Bature Sulu-Gambari     IF-K     Belgore     Oba Sulaiman Asude     Taofik Abdulkareem Babaita     Adam Abdullahi Al-Ilory     Adesina Simon Sodiya     Sunday Popo-Ola     Omotoso     Sulyman Buhari     Yahaya Jibril Usman     Press Release     Abdullahi Imam Abdullahi     Alabi Lawal     Ajase-Ipo     Tanke     Nnazua     PharmAccess Foundation     Trade Lenda SME Fair     Osi     Zulu Gambari     Pakata Patriots     Sulu Babaita Isiaka     Akande Idowu Ayoola Muhammed     Erin-ile     Mahmud Durosinlohun Atiku     Lateef Fagbemi     Mamman Saba Jibril     Tescom.kwarastate.gov.ng     Aisha Ahman Pategi     Okin High School     Aminu Adisa Logun     Isiaq Khadeejah     Kwara State Government     FOMWAN     Mahmud Babatunde Baker     Harafat E. Mukadam     Ariyo