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.

Share-Tsaragi     Sheikh Hamzat Yusuf Ariyibi     Hamid Bobboyi     Yahaya Oloriegbe     Vasolar-Kwara Company Ltd     Adebayo Salami     Jimoh Lambe Abdulkareem     TESCOM     Ishola Abdullahi     Ahmed Saidu Rufai     International Public Sector Accounting Standards     Government High School (GHS), Adeta     Lola Olabayo     Yusuf Olaolu Ali     Aro Yahaya     Emir Of Ilorin     John Olobayo     Joseph Offorjama     ITP     Mary Arinde     Toyin Olayinka Tejidini     Isiaka Rafiu Mope     Abdulrazaq Sanni     Deji Ajani     Earlyon Technologies     Fatai Olodo     Abubakar Usman Jos     Mujtabah Bature     David Oyepinola Adedumoye     Ahmed Idris Mohammed     Aliyu Kora-Sabi     20 Billion Bond     Aisha Buhari     Minister     Peculiar Allowance     Bayo Ajia     Ajibola Saliu Ajia     Kwarareports     Mahee Abdulkadir     NITDA     IFK     Medview Airlines     Tanke Flyover Bridge     Onilu     Oro Grammar School     Salary     Olaiya Zuberu     Ibrahim Labaika     Tunde Idiagbon Road     Elekoyangan     Abikan     Adedeji Onimago     Balogun-Ojomu     Oba Mogaji Abdulkadir     Ahmed Mohammed Rifun     KWASSIP     Code Of Conduct Bureau     Tanke Road     Ilorin Emirate Staff Association     Sabitiyu Grillo     Lithium Deposit     Okiki     Fawenu     Waheed Ibrahim     NIPOGA     Titus Ashaolu     Pakata     Adam Abdullahi Al-Ilory     Falokun-Oja     Umar Saro     Issa Baba     Muhammed Taofeeq Abdulrazaq     Alikinla     Tunji Folami     Kwara South     Ebun-Olu Adegboruwa     Woro    

Cloud Tag: What's trending

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

Zara Umar     Asa     Mohammed Katsina Ahmed     Volunteers Of Ilorin Community And The Emirate     General Hospital, Ilorin     Baruten     Ilesha-Baruba-Gwanara     State Bureau Of Internal Revenue     Wahab Egbewole     Forgo Battery Company Limited     Ella Supreme Tissue Paper     Magaji Erubu     Victor Gbenga Yusuf     Wasiu Onidugbe     Joshua Adeyemi Adimula     Samari     Kunbi Titiloye     Abubakar Kawu Baraje     Lateef Ademola Olatunji     Isiaka Danmeromu     Segun Abifarin     Moses Afolayan     Zainab Abass     Musibau Akanji     Muyiwa Oladipo Kanu     Oye Tinuoye     Mahee Abdulkadir     Adesoye College     COVID-19 Palliatives     Doyin Group     Ohoro Of Shao     Kwarareports.com     Charcoal     Otoge     Saidu Yaro Musa     Arandun     Ajeigbe     SSUCOEN     Kwara Liberation Group     Adedipe     Transition Implementation Committee     Ebola     Muhammad Fawaz Abubakar     Abegunde Goke     March 28     Issa Manzuma     Hakeem Lawal     Kwara Apc     Daud Adeshola     Ilesha-Gwanara     Sarafadeen Kayode Akorede     Okin Group     Abdulquowiyu Olododo     Gbemi Saraki     Ambassador Kayode Laro     NaAllah     SARS     Suleiman Abubakar     Umar Danladi Shero     Oko-Erin     Dumagi     TIIDELab     Ronke Adeyemi     Henry Makinwa     Tunde Mukaila Mustapha     Babatunde Idiagbon     Savannah Centre For Diplomacy, Democracy And Development     Twitter     Rachael Obisesan     AbdulRaheem Ahmad Shayi     Jimoh Lambe Abdulkareem     Baba Isale     Modibo Kawu     Erin-ile     Tunde Kazeem     Kwara NIPR     Awwal Jawondo