Why Kwara is financially healthy
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.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Mahmud Babatunde Baker Ahmed Bolaji Nagode Okanlawon Musa Abdulkareem Alabi Tafidan Kaiama Bareke Just Law Forum Segun Olawoyin Baaziki Sulaiman Mohammed Lawal Bagega Abdullahi Atanda Bank Of Industry Aasiyat Bello Oyedepo Kwara Poly Yahaya Abdulkareem Wasiu Onidugbe Adeola Abraham Olatomiwa Williams Shettima Undergraduate Bursary Okin Biscuits ARMTI Academic Staff Union Of Universities Tosin Saraki Sa\'adu Salau Moshood Mustapha Ibrahim Labaika Simeon Ajibola Dairo Kunle Paul Aremu Odolaye Abdulrauf Aliyu David Oyepinola Adedumoye Abdulrazaq Adebayo Farouk Salim Elerinjare Tunde Oyawoye Amusa Bello Ayekale Radio SBS Saadatu Modibbo-Kawu John Mayokun Dada NITDA Abdulkadir Bolakale Sakariyah Ilorin South Olatunji Moronfoye Mufti Of Ilorin Lawyers Unite Against Corruption Gbenga Olawepo Christian Association Of Nigeria Al-Hikmah Radio Taibat Ayinke Ahmed IQRA College Abdullahi AbdulMajeed Bamikole Omishore George Funsho Adebayo Abdulmajeed Wahab Ibrahim Gambari Kwara State Television (KWTV) Emmanuel Bello Quranic Recitation Competition Student Learning Support Helpline Rex Olawoye Arinola Lawal Bello Oyebanji KWSUED Ebola Abdullahi Dasilva Yussuf Coronavirus Muhammadu Gobir EndSARS Olayinka Oladapo Jogunola TIIDELab Sola Saraki University Obayomi Azeez COEASU Abdulazeez Arowona Kwara State Pension Board

