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.

Aso-ofi     Salman Jawondo     Gbenga Olawepo     Olomu     Ayobola Ipinlaiye     Alfa Belgore     Titus Suberu-Ajibola     Okedare     JSSCE     Idris Garba     Alore     Bureau Of Lands     Ibrahim Oloriegbe     Galadima     College Of Education     Shuaib Olarongbe     Raymond Olaitan     Aisha Gobir     Mahmud Ajeigbe     Tunji Folami     Oni Adebayo     Muftau Akanbi Oke     Florence Saraki     Opobiyi     Amos Justus Sayo     Medview Airlines     Lai Gobir     Kwara State Internal Revenue Service     Bola Shagaya     KWATMA     Ayoade Akinnibosun     Salihu S. Yaru     Kale Kawu     AIT Ilorin     Maryam Nurudeen     Edret Sabi Abel     Toyin Olayinka Tejidini     Ahmed Idris Mohammed     Oniwasi Agbaye     Innocent Okoye     Mohammed Alabi Lawal     Kwara Liberation Group     Oloyede     Azeez Bello     Bashir Adigun     Hamidu Olowo     AGILE Programme     Oyin-Zubair     Obayomi Azeez     Forgo Battery Company Limited     Olubukola Kifayat Adedeji     Danhawa     Sola Saraki Educational Foundation     Asiwaju Bola Tinubu     Mufutau Gbadamosi Esuwoye     Offa     Ajakaye     Park     Lawal Jimoh     KwaraLearn     Zulu Gambari     MAI Akande     Admiralty Villa     Olateju Lukman     Peculiar Allowance     Abdulrauf Yusuf     Olayinka Olaogun     Usman Yunusa     Ibrahim Mashood     Oluwarotimi Boluwatife Adenike     General Hospital     Bolakale Ayo     Veterinary Teaching Hospital     Raji AbdulRasaq     Abdullahi Saadudeen Alikinla     Musa Yeketi     Fawenu    

Cloud Tag: What's trending

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

Ilorin Central Mosque     Alloy Chukwuemeka     Gbugbu     Olokoba     Lukman Oyebanji Fagbemi     Islamiya Abdulraheem     Kwara 2015     Abubakar Usman Jos     Abdullateef Abdussalam     Abdulganiyu AbdulAzeez     Alapansapa     Aliyu U. Tilde     Abdulfatai Baakini     Abdulkadir Akanbi-Oke     New Naira Notes     Kwara State Fire Service     Marufat Oladosu     Shaaba Lafiagi     Ilorin.Info     Sulyman Buhari     Magaji Are     Adeleke Ogungbe     Www.Kwarareports.com     Kumbi Titilope     Ademola Kiyesola     Muhammed Akanbi     Haashim Initiative For Community Advancement     Kamaldeen Gambari     Olusin Of Ijara Isin     Taofik Abiodun Ahmed     Dan Masanin     Odolaye Aremu     Apado     Sobi FM     Sunday Fagbemi     Ishola Moses Abiodun     Baba Issa     Abdulkadir Bolakale Sakariyah     Abubakar Lah     Abubakar Kawu Baraje     Oniwasi Agbaye     Saliu Ajibola Ajia     Modibo Kawu     Stephen Fasakin     Mustapha Akanbi     Muhammed Danjuma     Yusuf Amuda Abubakar     Bisi Kristien     Asiwaju Bola Tinubu     Lai Mohammed     Illyasu Abdullahi     Sabi     Ibrahim Agboola Gambari     Olatomiwa Williams     Maryam Nurudeen     AbdulRauf Keji     Rapheal Ashaolu     Lanre Issa Onilu     Busari Alabi Alausa     Adijat Adebiyi     Democracy Day     Old Oyo     IHS Towers     Rafiu Ajakaye     Yemi Osinbajo     Ibrahim Akaje     Salihu Yahaya     Oke-Kura     Alliance For Democracy     Aliyu Sabi     Hameed Oladipupo Ali     Federal Allocation     Sardauna     Muazam Nayaya     Yahaya Seriki     Alimi     Oro Grammar School