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.

Ibrahim Abiodun     Ajidagba     Vishvas KOZ Tractors     Special Agro-industrial Processing Zone     Suleman Abubakar     Vasolar-Kwara Company Ltd     Sai Kayi     GAMA     Mansur Alfanla     The Herald     Ajibola Saliu Ajia     Kayode Bankole     Sheikh Alimi     Omoniyi Ayinla     Jani Ibrahim     David Adesina     Kunle Suleiman     Post Utme     Ashiru     Mubarak Oladosu     Oya State     Mumini Ishola Hanafi     Share/Tsaragi     National Information Technology Development Agency     Segun Olawoyin     Rebecca Olanrewaju     National Party Of Nigeria     Chartered Institute Of Personnel Management Of Nigeria     Buari Edun     Sunday Otokiti     Salaudeen Oyewale     Olaiya Lawal     Tunji Oyawoye     Ilorin Metro Park     Yusuf Ibitokun Sherifat     Ilorin Likeminds Foundation     Akom Construction And Engineering Synergy Ltd     Kwara State Governor     African Democratic Congress     Azeez Salawu     Sobi Specialist Hospital     Babatunde Ajeigbe     Otunba Taiwo Joseph     Tunji Ajanaku     Alaaya     Onilu     Sidikat Alaya     Abdullahi G. Mohammad     Ishola Moses Abiodun     Ope Saraki     Lukman Adeloyin     Taofik Abiodun Ahmed     Tunji Folami     Inside Kwara     Lawal Arinola Kudirat     Ahmed Idris Mohammed     CLAY POT     Wahab Femi Agbaje     Ilorin Central Mosque     Senior Ibrahim Suleiman     Sobi     Chief Imam Of Ilorin     Saka Isau     Igbaja     Ilorin.Info     V.O. Abioye     Binta Sulyman     Yahaya Dumoye     Paul Odama     Mufti Of Ilorin     Oba Abu     NURTW     Joana Nnazua Kolo     Kale Bayero     Oke-Kura     Bello Oyebanji     Suwa-Arabs    

Cloud Tag: What's trending

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

Saka Isau     Salary     Senior Ibrahim Suleiman     Ibrahim Jawondo     Olokoba     Sulyman Age AbdulKareem     Ajuloopin     Saliu Mustapha     Bashir Omolaja Bolarinwa     Wahab Agbaje     Folorunsho Erubu     Abdulrazaq Sanni     Saliu Tunde Bello     New Naira Notes     Ayinde Oki     Ayotunde Emmanuel Alao     Razaq Ayobami Akanbi     Baba Isale     Abdulkadir Jimoh     Saka Aleshinloye     Gbenga Adebayo     TVC Female National Debate     KWASEIC     Abatemi Usman     John Olobayo     Okasanmi Ajayi     Maigida     Aliyu Olatunji Ajanaku     Ibrahim Mashood     Orisa Bridge     Mutawali     Yinka Aluko     EFCC     Bibire Ajape     Kwara Hotel     Ajasse-Ipo     Ope Saraki     Farouk Salim     Adeola Abraham     Amule     VADA     IPSAS     Oba Abdulkadir La\'aro     Na\'Allah     Durbar     Kolawole Akande     Kwara Coalition Of Business And Professional Associations     Muideen Olaniyi Alalade     Taofik Mustapha     Bamidele Aluko     Amusa Bello     Ramadan     Saka Asiat Ayinke     Jumoke F. Ajao     Eleyele     KWASAA     Babajide Ajayi     Aro Yahaya     Village Alive Development Association     Popo-Igbonna     Yusuf Aiyedun     Ayedun     Al-Hikmah Radio     Mohammed Katsina Ahmed     The Herald     Joseph Offorjama     KWASIEC     Computer Based Test     Abdulkadir Bolakale Sakariyah     Ronke Adeyemi     Amuda Bembe     Wasiu Odewale     Kwara Poly     Amule Elementary School     Baaziki Sulaiman     Muhammed Danjuma     Bond