Why Kwara is financially healthy
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.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Kwara State Health Insurance Agency Alaiye Bank Of Industry Ijakadi 3MTT Maryam A. Garuba Haashim Initiative For Community Advancement NAWOJ Association Of Kwara State Online Media Practitioners John Olajide Adedipe New Nigeria People’s Party Oyun AbdulFatai Adeniyi Dan-Kazeem Muhammed Aliyu Old Oyo Ayoade Akinnibosun Deji Ajani Ahmed Ayinla Jimoh Samuel Elizabeth Keatswa Cassava Growers\' Association Adama Isa Adedayo Yusuf Abdulkareem Farouk Salim Ahmed Dankaya ASUU Press Release Monkey Pox Halidu Danbaba Na\'Allah Olayinka Jelili Yusuf Shoprite Simon Sayomi Muideen Olaniyi Alalade Kwara Polytechnic Rice Farmers Association Of Nigeria Student Learning Support Helpline Bamidele Adegoke Ohoro Of Shao Sabitiyu Grillo Harafat E. Mukadam Omotosho Ilesha Gwanara Road Aliyu U. Tilde Abdulrahman Abdulrasak Oko-Erin Sulyman Age AbdulKareem Ahmad Ali Kamoru Kadiri Abikan Women Radio Majlis For Sadakah, Zakat And Waqf Sa\'adu Gambari Balogun Fulani Kayode Ishola Bursary Rachael Obisesan Taofeeq Olateju Quareeb Islamic Association Valsolar Consultoria Micheal Imoudu Hausa Alimi Abdulrazaq Riskat Opakunle Age AbdulKareem Ishaq Abdulkarim Gbugbu International Market Police Commissioner Ilorin South Constituency Trade Lenda SME Fair Yusuf Mubarak Local Government Isin Abdulsalam Firdaous Amosa Lateef Fagbemi Moses Adekanye Dairo Kunle Paul Muslim Stakeholders Of Kwara State

