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.

Hassan Oyeleke     Nigeria Foundation For Artificial Intelligence     Yemi Sanni     Alapado     Pacify Labs     Umar Danladi Shero     A.G.F Abdulrasaq     Yahya Mohammed     Ayo Salami     College Of Health     Wahab Olasupo Egbewole     SAPZ Project     Dar-Al-Handasah Consultants     Harafat E. Mukadam     Overland     Wakilin Mata Lafiagi     Olatinwo     Raymond Olaitan     Belgore     Tunde Saad     Ladi Hassan     Ganiyu Taofiq     Unicontinental Construction Company     Riskat Opakunle     Albert Ogunsola     Valsolar Consortium     Halimat Yusuf     Oke-Ode     Reuben Paraje     Sulyman Atolagbe Alege     Kwara Teaching Service Commission     Raliat Elelu-Habeeb     Yomi Ogunsola     CUTI     Suleiman Abubakar     Saliu Mustapha     Pakata Patriots     Muritala Awodun     Ita-Nmo Market     Amule Elementary School     Oyeyemi Olasumbo Florence     Zaratu Umar     Abdulahi Abubakar Bata     Kwara Volleyball Association     Rachael Obisesan     Makama Of Ilorin     Aisha Ahman-Pategi     Yahaya Seriki Gambari     Abdulazeez Uthman     Bolaji Nagode     Oba Abu     Ibrahim Oloriegbe     Lola Ashiru     Budo-Egba     Jani Ibrahim     Abdulrahman Abdullahi Kayode     Ilorin Water Reticulation     Amos Justus Sayo     Adam Abdullahi Al-Ilory     Suleiman Ajadi     Ilorin Like-Minds     Salihu S. Yaru     Logun     TETFUND     Manzuma     Onikijipa     Code Of Conduct Tribunal     Royal FM     Coronavirus     Damilola Yusuf Adelodun     Tescom.kwarastate.gov.ng     Aliyu Muhammed     Abdulkadir Remi Hawawu     Haliru Dantoro     Aliyu Umar     Kunle Suleiman     Tunde Mukaila Mustapha    

Cloud Tag: What's trending

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

Amos Sayo     Kayode Zubair     Islamic Development Bank     Lanre Issa Onilu     Bolaji Aladie     Mary Kemi Adeosun     Bola Iyabo Ibiyeye Adisa     Salman Jawondo     Ilorin Metro Park     Nnazua     Balogun-Ojomu     Bukola Saraki     Mukhtar Shagaya     April 11     Mohammed Tunde-Jimoh     Gbajabiamila     Bond     Kabir Shagaya     Tunde Oyawoye     Timothy Akangbe     Bayo Ajia     Raymond Olaitan     Abdulrasheed Akogun     SAPZ Project     Ojo Fadumila     Ahmed Alhasssan     Olawuyi     Ajibola Saliu Ajia     Abdulrasaq Alaro     Aliyu Sabi     VADA     Durosinlohun Atiku     Jare Olatundun     GANZY     Ilofa     Shehu Alimi Foundation For Peace And Development     Tunde Saad     Soffiyyallah Kamaldeen     Rex Olawoye     Adamu Jemilat-Baki     Samuel Olusegun Adedayo     NIPR     Abdulhakeem Amao     TESCOM 2025     Yahya Mohammed     Okin Biscuit     Unilorin FM     Oke Sunna     Shuaib Jawondo     Aremu Odolaye     Haliru Yahaya     Gbadeyan Gbadura Yomi     Ilorin East/South Federal Constituency     Shehu Jimoh     Hamid Bobboyi     Demola Banu     Akande Idowu Ayoola Muhammed     Ezekiel Yissa Benjamin     Valsolar Consortium     Geri-Alimi Split Diamond Interchange     Abdulrosheed Okiki     NSCIA     COVID     Hajj     Funmilayo Mohammed     Mubarak Oladosu     Joseph Bamigboye     Sam Okaula     Olupako Of Share     Funke Adedoyin     Nigeria Foundation For Artificial Intelligence     Muhammed Danjuma     Baba-Isale     Ramat Oganija     Y.A. Abdulkareem     Abdulrasheed Lafia     Okasanmi Ajayi