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.

Jeunkunu-Malete-Bani     Yemi Osinbajo     Savannah Centre For Diplomacy, Democracy And Development     Tayo Alao     Omoniyi Ayinla     Mohammed Lawal Bagega     Agboola Babatunde     Ilorin East     Kwara Metro Park     Olatunji Ibrahim     Abdulfatai Ahmed     Kola Bukoye     Saliu Alamoyo     Ajakaye     Oko-Erin     NULGE     Yeketi     Ojo Isekuse     Ahmed \'Lateef     Salihu S. Yaru     Ayinde Oki     Olusola Saraki     Nagode     Opaleke Bukola Iyabo     Iliasu     Ilorin Descendants Progressive Union     Mufti Of Ilorin     Taofik Abdulkareem     Atiku Abubakar     College Of Education     Paul Odama     Sunday Fagbemi     Saba Mamman Daniel     Elerinjare     Shehu Salau     Elewu     Olokoba Sulyman     Rueben Parejo     Turaki Of Ilorin     Jaigbade Alao     Sherif Sagaya     Ayinde Oyepitan     Yahaya Muhammad     Unilorin     Local Government Pension Board     Omotosho     Isaac Gbenle     N-Power     Smart School     Air Peace     George Funsho Adebayo     Association Of Kwara State Online Media Practitioners     Bashirat Bola Bello     KWTV     Kwara 2023     Baaziki Sulaiman     Sobi     Yakub Lai Gobir     Saeedat Aliyu     Wahab Kunle Shittu     Abdul-Rasheed Na\'Allah     Ayobami Seriki     Old Oyo     Kale Bayero     Afolabi-Oshatimehin Adenike Harriet     Bello Oyedepo     Durosinlohun Kawu     Isiaka Oniwa     Toyosi Thomas     Hakeem Lawal     Iyiola Oyedepo     Oko Erin     Kamaldeen Gambari     Bukola Saraki     Kwara State Health Insurance Agency     Elerin Of Erin-Ile     Rotimi Oyedepo    

Cloud Tag: What's trending

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

Olufolake Abdulrazaq     Senior Staff Union Of Colleges Of Education     Garuba Alikinla Shittu     Ibrahim Mohammed     Mamatu Abdullahi     Abdullahi Atanda     Odogun Olushola Gabriel     Mohammed Alabi Lawal     Ayobola Ipinlaiye     Medview Airlines     Ibrahim Bio     Ayoade Akinnibosun     Wahab Abayawo     Bluenile Associates     Christopher Tunji Ayeni     Kunle Suleiman     IF-K     Salihu Ajibola Ajia     Wahab Issa     Ojo Isekuse     Niyi Osundare     Third Estate     Abdulkadir Jimoh     Mustapha AbdulGaniyu     Law School Scholarship     Sunday Otokiti     Danhawa     Halimah Perogi     Ahmed Saidu Rufai     YAKOOYO     Assayomo     Jide Ashonibare     Kulende     Ilorin Emirate Staff Association     T And K FOODS     Alabi Lawal     Jimoh Saadudeen Muhammed     Abdulkadir Remi Hawawu     Ijakadi     Sheriff Shagaya     Police Commissioner     Adama Isa     Seed Technologies     08001000100     Sulu Gambari     Muazam Nayaya     Abubakar Kawu Baraje     Kwara State Polytechnic     Ishola Moses Abiodun     MalHub     Ladi Hassan     Hijab     Bola Magaji     Oko     Imam Gambari     Apata Ajele Secondary School     Baba Issa Awoye     Kayode Yusuf     Ibrahim Issa Jetti     Ajayi Okasanmi     Femi Oladiji     Elewu     Abdullahi Dasilva Yussuf     Curfew     Kwara 2023     Amusa Bello     Bello Oyebanji     Aliyu U. Tilde     Yakubu Dogara     Rasaq Jimoh     Ayinke Saka     Ilorin Innovation Hub     Tsado Manman     Ali Ahmad     Ebola     Sanusi Abubakar     CACOVID Palliatives