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.

Elections     Lanre Olosunde     Ghali Alaaya     Olokoba     Ajibike Katibi     Durosinlohun Atiku     Baba Issa     Ganmo Electricity Sub-Station     Hydro-electric Power Producing Areas Development Commission     Opobiyi     Ademola Kiyesola     Sidikat Alaya     Saka Saadu     GAMA     Ibrahim Issa Jetti     Femi Oladiji     Ayo Salami     Ambassador Kayode Laro     Jimoh Olusola Imam     Baruten     Abdulrasheed Na\'Allah     Sarah Alade     Abdul-Rahoof Bello     Bureau Of Lands     Magaji Are     Abdulhakeem Amao     Khairat Gwadabe     Sheriff Olanrewaju     Abdullahi Samari     Usman Yunusa     Ilorin Talaka Parapo (ITP)     Kwara NIPR     Folaranmi Aro     Muhammed Abdullahi     Al-Hikmah Radio     Azeez Salawu     Tunji Ajanaku     Aishatu Ahmed Gobir     Oladimeji Thompson     Abdulrahman Abdulrasak     SWAN     Countryside Emerging Leaders Fellowship     Muhammad-Mustapha Suleiman     Wahab Femi Agbaje     Opaleke Bukola Iyabo     Jide Ashonibare     Hassan A. Saliu     Bukola Ajikobi     Tunji Olawuyi     Odolaye Aremu     Saidu Yaro Musa     Apado     Siraj Oyewale     Shade Omoniyi     Hassan Saliu     Alloy Chukwuemeka     REO CAKES     Ileloke     Quranic Recitation Competition     Tunji Oyawoye     Emir Of Yashikira     UNILORIN Alumni     Monthly Sanitation     Ali Ahmad     Olaiya Victor Mobolaji     John Dara     Gambari     Elese Of Igbaja     Muhammad Ghali Alaaya     Bola Tinubu     John Olobayo     Bello Abubakar     Ope Saraki     Micheal Imoudu     Summit University     Suleiman Alege Kuranga     Kwara Teaching Service Commission    

Cloud Tag: What's trending

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

Summit University     Jimoh Lambe Abdulkareem     Balogun Gambari     Okanlawon Taiwo     Aso-ofi     Olatunji Ayeni     Sam Onile     Women For Change And Development Initiative     Federal Neuro-Psychiatric Hospital     SSUCOEN     Lasiele Alabi Yahaya     Ifelodun     Sarafadeen Kayode Akorede     Lanre Aremu     Sheikh Ariyibi     Sobi Hill     Hijab     AbdulRahman Saad     Universal Basic Education Commission     Oniyangi     Isau     Kwara State Television (KWTV)     Suleiman Mora Omar     Ilesha-Baruba-Gwanara     Baba Issa Awoye     Sayomi     Wahab Agbaje     EFCC     Ronke Adeyemi     Kaosarah Adeyi     Elese Of Igbaja     Akeem Olatunji     Wakilin Mata Lafiagi     Magaji Nda     Countryside Emerging Leaders Fellowship     Abubakar Bature Sulu-Gambari     Saka Adeyemo     Abdullahi Saadudeen Alikinla     Lateef Fagbemi     Olaoye B. Felix     Ekweremadu     Garuba Alikinla Shittu     Balogin Alanamu     Abdulrahman Abdulrazaq     Ambassador Kayode Laro     Marafan Shonga     National Pilot     Baba-Isale     Usman Rifun     Dairo Kunle Paul     Kwha.gov.ng     Yusuf Lawal     Shonga Farm Project     Markaz Arabic And Islamic Training Institute, Agege     Alikinla     Abubakar Aliagan     Overland     SGBN     Ganmo     Yusuf Lanre Badmus     Shururat Olatinwo     Dan-Kazeem     Moronfoye     Olateju Lukman     Tayo Awodiji     Harmony Holdings     Bello Bature     Ilorin East     Oniye     JAAC     Special Agro-industrial Processing Zone     Danladi     Bashir Omolaja Bolarinwa     Victor Gbenga Yusuf     Kale Belgore     Bayo Ajia     Yusuf Babatunde Abdulwahab