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.

Valsolar Consortium     Abikan     Isiaka Danmeromu     3MTT     Olaosebikan     Abdulsalam Firdaous Amosa     Ayinde Oki     Ibrahim Sulu Gambari     Gbadeyan Gbadura Yomi     Mohammed Ghali Alaaya     Wahab Isa     Ilorin Talaka Parapo (ITP)     Ibrahim Agboola Gambari     Kwabes     Abdulquowiyu Olododo     Jumoke Gafar     IHS Towers     Aishat Sulu-Gambari     Rafiu Ibrahim     Ilorin     Oba Abdulraheem     Split Diamond Interchange     Akom Construction And Engineering Synergy Ltd     Akanbi-Oke     Umar Gunu     Alliance For Democracy     Orisun Igbomina     Kola Olota     Ayedun     Oluronke Adeyemi     Doyin Group     Olupako     Just Event Online     GRA     Amuda Aluko     Agbarigidoma     Ekweremadu     Mujtabah Bature     Joseph Yemi Ajayi     Senate Presidency     Ahmad Lawan     KSIRS     Ayinde Oyepitan     Yinka Aluko     Haruna Olawale Sulaiman     Abdulrauf Aliyu     Olanrewju Okanlawon Musa     Dar-Al-Handasah Consultants Ltd     Ebola     College Of Health     20 Billion Bond     Alapado     Nigerian Medical Association     GAMA     Freshvine Nigeria Limited     Ramadhan     Centre For Community Empowerment And Poverty Eradication     New Naira Notes     Veterinary Teaching Hospital     Adamu B. Yaqubu     Manzuma     Mustapha AbdulGaniyu     S.O. Opowoye     Sidikat Uthman Ajibola     Kunle Suleiman     Yusuf Abubakar     Ajia-Bako     Ola Falade     NFAI     Jimba Babatunde     Lanre Issa Onilu     Abdulmumini Jawondo     Special Agro-industrial Processing Zone     Kolawole Akande     Patigi Regatta     Hassan A. Saliu     Isiaka Alikinla    

Cloud Tag: What's trending

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

Osinbajo     Sobi Specialist Hospital     Ibrahim Orire     Orisun Igbomina     Adebara     Bello Oyedepo     Mohammed Lawal Bagega     Iqra Books     PPS     Adebayo Salami     Dorcas Afeniforo     Bolaji Aladie     Damilola Yusuf     Tanke Road     Halidu Danbaba     NNPP     Mahmud Ayinla Giwa     Hassan Oyeleke     Saka Isau     Ben Duntoye     Kwara     Kwara University Of Education     Abdulwahab Olarewaju Issa     Hajj     Kaiama     SSA Youth Engagement     Abdulkadir Akanbi-Oke     SSUCOEN     KWTV     Alfa Modibbo Belgore     T And K FOODS     University Road     Temi Kolawole     Abdul Jimoh Mohammed     Kwara Teaching Service Commission     Mustapha Akanbi     Sheikh Ariyibi     Arinola Lawal     Fatima Abolore Jimoh     Mukhtar Shagaya     Colleges Of Education Academic Staff Union     Nigeria Customs Service     Bolakale Kawu Agaka     Nnazua     Ilorin Airport     Joseph Alex Offorjama     Hikmah AbdulKareem     SARS     Ebun-Olu Adegboruwa     Abdulganiyu AbdulAzeez     Jumoke F. Ajao     Ilorin Durbar     Razaq Ayobami Akanbi     Simeon Ajibola     Lanre Aremu     Danhawa     Olatunde Michaels     Niguel Gallando Marcias     Kamoru Kadiri     Omotosho     Jebba     Charles Ibitoye     Sun Qing Rong     Matthew Babaoye     Hassanat Bello     Barakat Community Secondary School     Jalala     Ibraheem Abdullateef     Abdullahi Biffo     Kassim Babamale     Lateef Ademola Olatunji     Abdullateef Abdussalam     Ladi Hassan     Alabi Lawal     Ilorin Emirate Staff Association     Samuel Elizabeth Keatswa     Adedeji Onimago