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.

ER-KANG     Joseph Bamigboye     Mufutau Gbadamosi Esuwoye     Kunle Akogun     Lanre Issa-Onilu     Bankole Omishore     Babs Iwarere     Ayo Adeyemi     Rashidi Yekini     Emmanuel Bello     Hussein Oloyede     Oniyangi Kunle Sulaiman     Ahmad Olayiwola Kamaldeen     Abdulrazaq Sanni     GRA     Yahaya Abdulkareem Babaita     New Naira Notes     Omupo     UNIFEMGA     Hamid Bobboyi     Sango-UITH Road     Olofa Of Offa     Pategi     Obayomi Azeez     Abdulrosheed Okiki     Ilorin Anchor Men And Women     Abdulrasheed Akogun     Offorjama     Hamidu Olowo     Ebun-Olu Adegboruwa     Halimah Perogi     Woro     Abdulrahman Abdulrazak     Kumbi Titiloye     Majlis For Sadaqah, Zakat And Waqf     Congress For National Consensus     Apado     Salaudeen Oyewale     Timothy Olatunde Fadipe     Abdulwaheed Musa     Saraki     Balogun Fulani     Elewu     Nigeria Foundation For Artificial Intelligence     Akeem Lawal     Olatomiwa Williams     Ilorin Emirate     Igosun     Kulende-UITH     AbdulGaniyu Kareem     Code Of Conduct     Fatimat Saliu     Post Utme     JSSCE     Femi Gbajabiamila     AGF Abdulrazaq     PharmAccess Foundation     Economic And Financial Crimes Commission     Shehu Jimoh     Maja     Siraj Oyewale     Okoolowo     Patigi Regatta     David Oyedepo     Doyin Group     Omoniyi Ayinla     Yemi Osinbajo     Razak Atunwa     Omar Gambari     Kwara Primary Health Care Development Agency     Jare Olatundun     Babaloja-General     Abdulrazaq Akorede     Kolade Solagberu     Busari Alabi Alausa     Christopher Odetunde     Sarafadeen Kayode Akorede    

Cloud Tag: What's trending

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

Ayotunde Emmanuel Alao     Dan-Kazeem     Aminu Adisa Logun     United Nigeria Congress Party     Tafidan Kaiama     Olomu     Quareeb Islamic Association     Saka Asiat Ayinke     Gbenga Adebayo     Florence Saraki     Abdullah Janet Amudat     Offa Grammer School     Oba David Oyerinola Adedunmoye     NYSC     Oko Erin     Baba Issa Awoye     Jimoh Akani     Titus Ashaolu     EFCC     Kamaldeen Gambari     Ayo Adeyemi     Unicontinental Construction Company     Amos Sayo     Muslimah Entrepreneurship Forum     Kwara State Internal Revenue Service     Lola Olabayo     Yakubu Mohammed Abdullahi     Atunwa     CUTI     Oke-Ode     Mahmud Ajeigbe     General Tunde Idiagbon International Airport     Bola Iyabo Ibiyeye Adisa     KWASEIC     Alliance For Democracy     Haliru Dantoro     Shero     Ilorin Curfew     Abdullahi Adisa Akodudu     Oyeyemi Olasumbo Florence     Shuaib Olarongbe     Innocent Okoye     Olupako Of Share     AbdulRazaq Abubakar Jiddah     Sabo-Oke     Muhammed Abdullahi     Hamidat Sulyman-Yusuf     Transition Implementation Committee     Olukotun Of Ikotun     Orire     Isiaka Alikinla     Saliu Oluwole     Abdulkadri Ahmad Alaiye     Alapansapa     Mohammed Kamaludeen     Ahmad Olayiwola Kamaldeen     National Broadcasting Commission     Yusuf Arowosaye     Eghe Igbinehi     AGM Professional Services     Ola Falade     Sa\'ad Alanamu     Kwara State Infrastructure Development Fund     Saka Saadu     Dauda Adesola     Gwanara     Sa\'adu Salahu     Ayedun     Eghe Igbinehin     Laduba     Albert Ogunsola     AbdulRasaq Abdulmajeed Alaro     Popo-Igbonna     Tunji Oyawoye     Oro Grammar School Old Students Association     Royal FM     Kassim Babamale