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.

Moshood Kashimawo Abiola     Dar-Al-Handasah Consultants     Yekeen Alabi     Saka Keji     Lateef Alagbonsi     Christopher Ayeni     Kumbi Titilope     Egbewole     Muhammad Fawaz Abubakar     Abdulrasheed Lafia     Joseph Bamigboye     Budo-Egba     Elerin Of Adanla     Afonja     IPSAS     IHS Towers     Haruna Tambiri Mohammed     Abdulraufu Mustapha     Fatai Adeniyi Garba     Aisha Buhari     Bolakale Kawu Agaka     Oloye     Abdulbaqi Jimoh     Idris Amosa Saidu     Orire     Aisha Abodunrin Ibrahim     Abdulmumini Jawondo     Shuaib Olarongbe     Naira Redesign     Gabriel Fashanu     Sanusi Abubakar     Abdulhakeem Amao     Abdulmumini Sanni Jawondo     Sam Okaula     Idi-Ape     A.G.F Abdulrasaq     Hijaab     Oyeyemi Olasumbo Florence     Binta Sulyman     ANCOPPS     Yinka Aluko     Ilorin West/Asa Federal Constituency     Ibrahim Taiwo Road     EFCC     Bamidele Aluko     Talaka Parapo     Oro Grammar School Old Students Association     Valsolar Consortium     Ahmed Alhasssan     Doyin Agbamu     Saraki     National Information Technology Development Agency     Lateef Ademola Olatunji     Isiaka Alikinla     Kulende     Abdulrazaq Adebayo     Muhammed Akanbi     Yakub Lai Gobir     Mike Omotosho     Kale Belgore     TETFUND     Ben Duntoye     Democracy Day     Baboko Primary School     Y.A. Abdulkareem     Otoge     Funmilayo Oniwa     Abdullahi AbdulMajeed     Ibrahim Agboola Gambari     Kwara State Fish Farmers Association     Balikis Jawondo     Special Agro-Industrial Hub     Okedare     Sheikh Ridhwanullah El-ilory     Ahmad Olanrewaju Belgore     Shehu Jimoh     Moshood Bakare    

Cloud Tag: What's trending

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

CELF     Hassan Taiye Salam     Yoruba     Ilorin Talaka Parapo     Valsolar-Kwara Company Limited     Ayinde Oyepitan     Muhammed Aliyu     John Kehinde Salako     Lithium     Hameed Oladipupo Ali     Durosinlohun Kawu     Danhawa     Yakub Ali-Agan     Yusuf Badmus     Unicontinental Construction Company     Abubakar Baba Sulaiman     Chemiroy Nigeria Limited     Garba Ayodele Wahab     Jare Olatundun     Isiaka Danmeromu     Ahmed     Oke-Odo     Sambo Murtala     Hamid Bobboyi     Atiku     Elewu     Mohammed Katsina Ahmed     Pius Abioje     Ramadan     Tunji Olawuyi     Egbejila     Ibrahim Abdullahi     KWTV     Cassava Growers\' Association     Ahmed Idris Mohammed     Sulu Gambari     Amina El-Imam     ITP     Arinola Fatimoh Lawal     Bankole Omisore     Ifelodun     Babata     IHS Towers     Ahmed Bayero     Sheriff Olanrewaju     Sulyman Tejidini     Mohammed Abdulahi     ASUU     Salmon Babatunde Salmon     Gwanara     Babatunde Ajeigbe     KSIRS     Dan-Kazeem     Bashirat Bola Bello     Ilorin Water Reticulation     Adijat Adebiyi     HYPPADEC     Michael Imoudu National Institute For Labour Studies     Makama Of Kaiama     Bursary     Bamidele Adegoke Oladimeji     Yusuf Mubarak     Saidu Yaro Musa     Lawal Olohungbebe     Seni Saraki     Rafiu Ibrahim     Mutawali Of Ilorin     Amule Elementary School     Ibrahim Taiwo Road     Code Of Conduct Tribunal     Isiaka Alikinla     Ballah     Kayode Ogunlowo     Allocation     Democracy Day     Folorunsho Alao     Isaac Aderemi Kolawole