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.

Ali Ahmad     Laboratory-to-Product     Budo-Egba     Musibau Akanji     Oba Mogaji Abdulkadir     Ahman Pategi     Lateef Alagbonsi     Marafan Shonga     Abubakar Ndakene     Adesina Simon Sodiya     Charcoal     Alimi     Tuesday Assayomo     EndSARS     Siraj Oyewale     Isiaka Rafiu Mope     Razaq Ayobami Akanbi     Afetu Of Alabe     Rueben Parejo     Kwara State Sports Commission     Mamman Saba Jibril     Agboola Babatunde     Oyedun Juliana Funke     David Oyerinola Adedunmoye     Ahmed Bolaji Nagode     Odo-Owa     Abdulraheem Yusuf     Aliyu Adebayo     Dar-Al-Handasah Consultants Ltd     TIIDELab     Apado     Convocation Ceremonies     Oluwarotimi Boluwatife Adenike     Azeez Bello     Y.A. Abdulkareem     John Dara     Simeon Sule Ajibola     Ilorin International Airport     Oloriegbe     Ayinde Oki     Adesoye College     Muritala Olarewaju     Abdullahi AbdulMajeed     Ibrahim Labaika     Javed Khan     Sobi Specialist Hospital     Onilorin     Bolakale Ayo     Abatemi Usman     Sheikh Alimi     Salaudeen Oyewale     Ola Falade     Kwara Metro Park     Sheu Ndanusa Usman     Opaleke Bukola Iyabo     CLAY POT     AGILE Programme     ASMAU PLAZA     Femi Agbaje     Omu-aran     Saadu Alanamu     Ajakaye     Government Girls’ Day Secondary School Pakata     Oba Abdulrahim     IESA     Saliu Alamoyo     Federal Polytechnic Offa     Abdulkadri Ahmad Alaiye     ITEM 7     Abdulmumini Jawondo     Emmanuel Olatunji Adesoye     Osuwa     Labaeka     UITH     Oba Abdulraheem     Peculiar Allowance     Press Release    

Cloud Tag: What's trending

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

UTME     Kudirat Arinola Lawal     Minister     Kwarareports.com     Muslim Stakeholders Of Kwara State     Isiaka Gold     Idris Garba     Obayomi Azeez     Bond     Elections     Oba Mogaji Abdulkadir     JAMB     Lateef Alagbonsi     Aliyu Kora Sabi     ITEM 7     Umar Bayo Abdulwahab     Kwara United     Mahmud Ajeigbe     Grillo     Lanre Issa Onilu     Baaziki Sulaiman     Amule     Ilorin West/Asa Federal Constituency     Mujtabah Bature     Agor     Abdulkadri Ahmad Alaiye     Shaykh Luqman Jimoh     Toyosi Thomas     Abdulkareem Alabi     Computer Based Test     Ahmad Ali     Obuh     Alfa Modibbo Belgore     Mohammed Khadijat Kubura     A.O. Belgore     CACOVID Palliatives     Vasolar Consortium     Lateef Ademola Olatunji     Hamid Bobboyi     Akeem Lawal     NSCIA     Damilola Yusuf     Yahaya A Paniyaro     Muftau Akanbi Oke     NFAI     Saba Jibril     Micheal Imoudu     Olabode George Towoju     International Aviation College     AGF Abdulrazaq     Bayer Nigeria Limited     KWTV     Adesoye     Ibrahim Orire     Babatunde Idiagbon     Adesina Simon Sodiya     New Nigeria People’s Party     Edret Sabi Abel     Alfa Modibo Belgore     Toun Okewale-Sonaiya     Funke Adedoyin     Oluwole Dupe     Societe Generale Bank Of Nigeria     Funmilayo Braithwaite     Ronke Adeyemi     Ayobami Akanbi     Mahmud Ayinla Giwa     Ramadhan     KSIRS     Dan Masanin     Abdulmalik Bashir Mopelola Risikatullahi     Bolakale Kawu Agaka     Lateef Fagbemi     Kwara Politics     SSA Youth     Awwal Jawondo     Bello Taoheed Abubakar