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.

TIIDELab     Okanlawon Taiwo     Amina El-Imam     Oke-opin     Rueben Parejo     Bola Shagaya     Olawuyi     Musa Yeketi     Abdulrahman Abdulrazaq     Arik     Taofik Abiodun Ahmed     Basic Education Certificate Examination     Mamatu Abdullahi     Monthly Sanitation     Ekweremadu     Rabiu Kwankwaso     Vishvas KOZ Tractors     Communication Network Support Services     Olaoye B. Felix     Ibrahim Abdullahi     Towoju     NITDA     Eruku     Abdulkadir Akanbi-Oke     Jimoh Bashir     Raimi Iyanda     Ahman Pategi     Ayeyemi Sulaiman     Hakeem Lawal     Ibrahim Mashood     Valsolar-Kwara Company Limited     Oba Mogaji Abdulkadir     FOMWAN     Elelu     Sai Kayi     Ilorin     Hameed Oladipupo Ali     Women For Change And Development Initiative     Kisra     Elerin Of Erin-Ile     Baboko Primary School     Abdullahi Dasilva Yussuf     Aremu Odolaye     KWASSIP     AbdulRauf Keji     IESA     Playing Host     Oba Abu     Elerinjare-Ibobo     Ijagbo Health Centre     Arinola Fatimoh Lawal     Lola Olabayo     Abubakar Aliagan     Afolabi-Oshatimehin Adenike Harriet     Alimi     Yunus Lawal     Magaji Are     Rapheal Ashaolu     Obasanjo     Bahago     Abdulganiyu Oladosu     Fatai Olodo     Ibrahim Oniye     David Oyedepo     Omotoso     Muritala Awodun     Isaac Gbenle     Moshood Kashimawo Abiola     Saidu Isa     Allocation     Oni Adebayo     Razak Atunwa     Obuh     Agboola Babatunde     Tanke     Hamidu Olowo     Saudat Abdulbaqi    

Cloud Tag: What's trending

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

Kolo     Adanla-Irese     Taofeek Ibraheem     Ajase-Ipo     Barakat Community Secondary School     Folaranmi Aro     Saka Aleshinloye     Raimi Iyanda     HYPPADEC     Oloye     Kwara State University Of Education     Joseph Alex Offorjama     Igbomina     Adijat Adebiyi     Kolawole Bashirat     Bashir Adigun     Ella Supreme Tissue Paper     Ibrahim Kayode Adeyemi     Bello Taoheed Abubakar     Bashiru Makama     Aliyu U. Tilde     Aminu Adisa Logun     Bank Of Industry     Garba Ado Sanni     Kayode Alabi     Lawyers Unite Against Corruption     Kunle Akogun     Ajayi Okasanmi     Peter Amogbonjaye     Wahab Femi Agbaje     Abubakar Baba     Roseline Oni Aremu     Abdulazeez Arowona     Isiaka Danmeromu     Hauwa Nuru     AbdulGaniyu Kareem     Kwara Central     Grillo     Abubakar Olusola Saraki     Unilorin FM     Christopher Tunji Ayeni     Muyiwa Oladipo Kanu     Funmilayo Braithwaite     Hameed Oladipupo Ali     Jimoh Saadudeen Muhammed     Paul Olawoore     Muslim Media Watch Group Of Nigeria     Abdullahi Imam Abdullahi     Bola Iyabo Ibiyeye Adisa     Abdul-Rasheed Na\'Allah     Abatemi-Usman     Veterinary Teaching Hospital     Sardauna Of Ilorin     NSCIA     Aliyu Alhassan     Maryam Ado Bayero     Kayode Ishola     Jelili Yusuf     UNIFEMGA     Isiaka Oniwa     Gbemi Saraki     KWACOBPA     Oluronke Adeyemi     Millennium Development Goals     Olam Food Ingredients     Babatunde Ajeigbe     Amuda Bembe     Aliyu Muhammed     Mansurat Amuda-Kannike     Jimoh Akani     Adam Abdullahi Al-Ilory     Economic And Financial Crimes Commission     Bolaji Abdullahi     Communication Network Support Services     Tosho Yaqub     Yashikira     First Lady