Why Kwara is financially healthy

Date: 2012-06-21

Kwara State government said it has managed challenges of being one of the states with the least monthly federal allocation, to emerge one of the most financially healthy states in the country.

Commissioner for Information and Communication, Tunji Moronfoye, who stated this in an interview with newsmen in Ilorin, said the state's rating as among the 10 most financially healthy states in the country, was due to the prudent management and judicious use of its limited resources.

He said since the amount the state receives monthly from the Federation Account is not enough to develop the state, the government rather than rely totally on the monthly allocation, has been exploring other opportunities and making prudent management its watchword, to make the state economically viable.

The commissioner said that recent absorption of about 1,000 people into its workforce would not affect payment of salaries of both existing workers and the newly employed ones

The government, last May, during the celebration of its one year in office, absorbed into the civil service 1,000 of the 2,000 youths it engaged under its Kwara Bridge Empowerment Scheme (KWABES), where the people were being paid some stipends monthly.

The government made this absorption despite that the Federal Government is yet to yield to demand of the state government that amount accruing to states from the Federation Account should be jacked up, to enable them fully implement the new minimum wage

But Moronfoye said the government is fully prepared to meet the challenges of paying the salaries

He said the government has been making efforts to increase its internally generated revenue (IGR), attract foreign investors to partner with it in businesses, and promote self-employment.

He said these are the avenue by which the government would, through profit and taxation, earn enough money to pay salary of the workers and ensure development.

The commissioner said the government is making judicious use of available resources to make them produce great beneficial effect on economic development of the state

He said that the Memoranda of Understanding (MoU) the state government is signing with investment partners, including Federal Government and foreign investors, would lead to execution of projects they are meant for.

He said that signing of the MoU is the first step in such partnership sponsored projects as the one government is engaging and that the signings are not being done without plans to implement the projects.

Moronfoye said that proper signing of the MoU would not only guarantee proper implementation, but also ensure that projects are not arbitrarily discontinued in the future.

Source

 

Cloud Tag: What's trending

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

Oloruntoyosi Thomas     Aliyu Muyideen     Hassan Taiye Salam     Col. Taiwo     Yusuf A. Usman     Zubair Folorunsho Erubu     Hakeem Idris     JMK Construction Company Limited     Trade Lenda SME Fair     Senior Special Assistant On Student Affairs     Saheed Popoola     Aremu Odolaye     Christian Association Of Nigeria     Pakata Development Association     Hamid Bobboyi     Paul Odama     Kwara University Of Education     JSSCE     Oko     Kwara State Printing And Publishing Corporation     Popo-Igbonna     Toyin Olayinka Tejidini     Jelili Yusuf     Saadu Gbogbo Iwe     Age AbdulKareem     Ibrahim Abikan     Chemiroy Nigeria Limited     Marufat Oladosu     Omu-aran     Yomi Adeboye     Agboola Abdulraheem     Ibrahim Abdullahi     New Naira Notes     Undergraduate Bursary     Abdulmumini AbdulRazaq     Malete     COVID     Code Of Conduct Tribunal     Olayinka Are     Binta Abubakar Mora     Hydroelectric Power Producing Areas Development Commission     Monthly Sanitation     Chief Imam Of Ilorin     Abdulkadir Orire     Gurei     Ahmad Olanrewaju Belgore     Kayode Ishola     Muhammed Danjuma     Centre For Community Empowerment And Poverty Eradication     Adebara     Ajibola Saliu Ajia     Durbar     Funke Adedoyin     ER-KANG Mining Nigeria Company Limited     Bayo Ojo     Alabi Olayemi Abdulrazak     Lithium Deposit     Bello Oyebanji     Saidu Isa     Curfew     Hassan Abdulazeez Elewu     Quareeb     Ajayi Okasanmi     Agor     Sarkin Malamai     Gabriel Fashanu     Presidential Election     Zulu Gambari     Ilorin Durbar     UITH     SDP     Anilelerin     Metro Park     Maimunat Oniyangi     Abdulganiy Abimbola Abdussalam     Abdulrazaq Magaji     Bolakale Ayo    

Cloud Tag: What's trending

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

Isiaka Danmeromu     Muslim Cementary     Lawan     Ayegbeni     Razaq Atunwa     Kwara Coalition Of Business And Professional Associations     Sabo-Oke     Gbemi Saraki     Musbau A. Akanji     Earlyon Technologies     Bureau Of Lands     Alabi Olayemi Abdulrazak     Academic Staff Union Of Universities     Femi Oladiji     Atiku Abubakar     Jalala     Funmilayo Zubair     Magaji Erubu     Abdulkadir Bolakale Sakariyah     AbdulRazaq Jiddah     Femi Agbaje     Unilorin FM     Okin Malt     Afeyin-Olukuta     Olokoba     Sai Kayi     Ubandawaki     Mahmud Babatunde Baker     Wakilin Mata Lafiagi     Adisa Logun     Solomon Edojah     YAKOOYO     Suleiman Alege Kuranga     Mutawalle     George Innih     AbdulFatai Adeniyi Dan-Kazeem     Sherif Shagaya     Niyi Osundare     Olusegun Adeniyi     Saudat Abdulbaqi     Kwara Pdp     Charles Ibitoye     Gaa Olobi     Just Event Online     Amule     Ronke Adeyemi     Olomu     Ayinde Oyepitan     Issa Oloruntogun     Shehu Adaramaja     IQRA College     Aisha Ahman-Pategi     HAMFAT Clinic And Maternity     Special Agro-Industrial Hub     Samuel Adedoyin     Otuka     Ilorin East     Ahman Pategi University     Olaitan Adefila     Saidu Isa     Olatunde Michaels     IsDB     BIR     Kayode Ishola     Razak Atunwa     Adedeji Onimago     Al-Adaby     JUSUN     Yahaya Dumoye     Oniyangi Kunle Sulaiman     Aliyu Sabi     Alaro     Kale Ayo     Towoju     Eghe Igbinehin     Freshvine Nigeria Limited     Democracy Day