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.

Bankole Omisore     AbdulGaniyu Kareem     Isiaka AbdulRazaq     Sarafadeen Kayode Akorede     Mutawali Of Ilorin     Peculiar Allowance     Mashood Abdulrafiu Agboola     Aso Ofi     Emir Of Kano     Abubakar Suleiman     Dagbalodo     Demola Banu     Segun Abifarin     Saka Isau     Babatunde Ishola Babaita     Taofeek Sanusi     Ronke Adeyemi     Amuda Aluko     Mumini Ishola Hanafi     EndSARS     Sunday Fagbemi     Sun Qing Rong     Omar Bolaji Gambari     Is\'haq Modibbo Kawu     Olofa Of Offa     Bankole Omishore     Agboola Abdulraheem     Pacify Labs     Damilola Yusuf Adelodun     Laboratory-to-Product     Umar Sanda Yusuf     Ayekale     Olaosebikan     Elerinjare-Ibobo     Sodiya     Dauda Adeniran Adeshola     Mukhtar Shagaya     Afolasade Opeyemi Kemi     Seni Saraki     Micheal Imoudu     Awili Pedro     Matthew Babaoye     Mohammed Ghali Alaaya     Saadatu Modibbo-Kawu     Taibat Ayinke Ahmed     Ibrahim Akaje     Edret Sabi Abel     Issa Baba     Zubair Folorunsho Erubu     Hijaab     CLAY POT     Iyeru Grammar School     Abdulrosheed Okiki     Ayedun     Tuesday Assayomo     Kudirat Arinola Lawal     Rafiu Olasile     Rotimi Samuel Olujide     Muhammad Ghali Alaaya     Kwara Hotel     Firdaos Amasa     Admiralty Villa     General Tunde Idiagbon International Airport     Ibrahim Abdullahi     Kayode Issa     Dankaka     Omotoso     Laduba     Oke-Oyi     Rabiu Kwankwaso     CACOVID Palliatives     Kayode Laro     Kwara     Ganiyu Abolarin     Oba Abu     Galadima     Adaramaja    

Cloud Tag: What's trending

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

IF-K     Lithium Deposit     Moses Afolayan     Oloyede     Alapado     Kolawole Akande     Senior Ibrahim Suleiman     Is\'haq Modibbo Kawu     Timothy Akangbe     Adewuyi Funmilayo     Asa LGEA School     Oya State     COVID-19 Palliatives     Saba Jibril     Abdulrahman Abdulrasaq     Chemiroy Nigeria Limited     Ado Ibrahim     Yakub Lai Gobir     Bamidele Adegoke Oladimeji     Ibrahim Akaje     Oyelere Oyinloye     Okiki     FERMA     Gbadeyan Gbadura Yomi     National Pilot     Kwara Restoration Project     Adolescent Girls Initiative For Learning And Empowerment     Yakubu Gobir     Okin Biscuit     Yinka Aluko     Olatunde Olukoya     Durosinlohun Atiku     Aminu Ado Bayero     Eleyele     Rotimi Samuel Olujide     Oladipo Akanmu Tolani     AIT Ilorin     Kamaldeen Kehinde     AGM Professional Services     Bayo Onimago     Sadiq Umar     Vasolar-Kwara Company Ltd     Matthew Okedare     Ahmed Saidu Rufai     Hassan Abdulazeez Elewu     Omu-aran     Tanke     Ridwan Agboola     Kwara     Moronfoye     JAAC     Sarkin Malamai     Abubakar Olusola Saraki     Ope Saraki     Zaratu Umar     Balogun Ajikobi     Mumini Ishola Hanafi     Abiodun Abdulkareem     Mahmud Durosinlohun Atiku     Pakata Development Association     Mashood Abdulrafiu Agboola     Doyin Agbamu     Vasolar     Tayo Alao     Roseline Oni Aremu     Bayo Ajia     Taofik Abdulkareem Babaita     Dele Momodu     Taofik Abdulkareem     Jare Olatundun     Ajike People Support Centre     Umar Sanda Yusuf     Usman Alkali Baba     Bukola Saraki     Ilorin Amusement Park     Al-Hikmah University     Aminat Ahmed