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.
Yashikira Ibrahim Sulu Gambari Abdulrauf Aliyu Henry Makinwa Olupako Of Share Habeeb Saidu Freshvine Nigeria Limited Oloyede Ramadan Anilelerin Sunday Fagbemi KWASSIP Fatimah Abdulkadir Bature Bello Wahab Olasupo Egbewole Federal Neuro-Psychiatric Hospital Elese Of Igbaja Oye Tinuoye Idowu Aremu Sobi FM Atiku Abubakar Oyeyemi Olasumbo Florence Sola Saraki Educational Foundation Kuliyan Geri Ilorin South Constituency 07039448763 Ahmad Olanrewaju Belgore Muslimah Entrepreneurship Forum Abdulquawiy Olododo Alumni Association Of The Federal Polytechnic Offa Bayer AG Saliu Mustapha HICA Trade Lenda SME Fair Tsaragi/Share Binta Abubakar Mora Mansur Alfanla Abiodun Musa Aibinu Eleja Taiwo Banu Mahfouz Adedimeji Ebun-Olu Adegboruwa AbdulQowiy Olododo Iyiola Oyedepo Bello Taoheed Abubakar Olaiya Lawal Lanre Badmas Jumoke Gafar Kayode Ogunlowo Col. Adedipe Plat Technologies Limited UNILORIN Alumni Association Jimoh Lambe Abdulkareem Mohammed Yahaya Barki RTEAN Kamaldeen Ajibade Oluwarotimi Boluwatife Adenike Bashirat Bola Bello Abubakar Aliagan Oyedepo Jimba Babatunde Aisha Abodunrin Ibrahim PharmAccess Foundation Oyawoye Tafida ENetSuD Folorunsho Erubu Kamaldeen Kehinde Olubukola Kifayat Adedeji SSA Youth Engagement Kwara State Governor Olabode George Towoju Isa Aremu Katibi Ibraheem Adeola Kamoru Kadiri Rasheed Jimoh Abdulrosheed Okiki Public Holiday

