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.

Sardauna Of Ilorin     AbdulHamid Adi     Ishak Mohammed Sabi     Bola Olukoju     Nigerian Supreme Council For Islamic Affairs     Bello Oyebanji     Overland     Iqra Books     Garuba Alikinla Shittu     Illyasu Abdullahi     Funmilayo Oniwa     Hassanat Bello     Shururat Olatinwo     Kwasu     Muhammad Akande Olarewaju Odunade     Naira Redesign     Taofeek Sanusi     Femi Agbaje     Medinat Folorunsho Salman     Iponrin     Dapo Teni Nig Enterprise     Rapheal Ashaolu     NITDA     Idris Garba     Societe Generale Bank Of Nigeria     Abdulmumini AbdulRazaq     Hassan Taiye Salam     Wahab Agbaje     Bolakale Ayo     Ilorin Central Mosque     Okeose Christian Cementary     Mustapha AbdulGaniyu     George Innih     Ayobami Seriki     Amada Jidda     Solomon Edojah     Madawaki     Magaji Are     Jaigbade Alao     Abdulfatai Baakini     NIPR     John Dara     Kwara Metro Park     Kabir Shagaya     Tsaragi     Bilikisu Gambari     NYSC     Aisha Gobir     Timothy Akangbe     Adamu B. Yaqubu     Leke Ogungbe     Baboko Primary School     Kwara Apc     Mope Dasuki Belgore     JSSCE     Tunde Kazeem     Yusuf Abdulwahab     Solomon Edoja     Kwara State Council Of Chiefs     SAPZ Project     Sadiq Buhari     Yusuf AbdulRasheed     Pategi     Undergraduate Bursary     Siraj Oyewale     Yakubu Dogara     Esuwoye     Ahmed Bolaji Nagode     Dauda Adesola     March 28     Al-Adaby     Erubu     Kwara Basketball Association     Mumini Ishola Hanafi     Umar Saro     Olatomiwa Williams     Mohammed Katsina Ahmed    

Cloud Tag: What's trending

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

Kolawole Bashirat     Dorcas Afeniforo     Oyedun Juliana Funke     Bolaji Gambari     Al-Adaby     Ilorin West     Bashirat Bola Bello     Moses Adekanye     Principal Private Secretary     Muhammed Akanbi     NURTW     Omu-aran     Halidu Danbaba     Olufolake Abdulrazaq     Dairo Kunle Paul     Kwara Teaching Service Commission     Kwara 2019     Rafiu Olasile     Alloy Chukwuemeka     Charcoal     Saadu Alanamu     Yakubu Shaaba     Gbemisola Saraki     Ilorin Curfew     Abubakar Baba     Haleeman Salman     Saraki     Sai Kayi     Wakilin Mata Lafiagi     Yakub Ali-Agan     Christopher Ayeni     CCT     Senate     Yahaya Oloriegbe     Abdullahi Saadudeen Alikinla     Abdulazeez Arowona     Kwara State Fire Service     Abdullahi Biffo     Zulu Gambari     Chemiroy Nigeria Limited     Hakeem Idris     Yakubu Mohammed Abdullahi     KWASIEC     Damilola Yusuf Adelodun     CCB     Taofik Abdulkareem Babaita     Okoolowo     Gambari     Wahab Isa     Haliru Yahaya     Yetunde Balogun     Bamidele Adegoke Oladimeji     Olabanji Orilonishe     Mohammed Ibrahim     Iyabo Adisa Ibiyeye     Isiaka Abdulrazak     Standard Organization Of Nigeria     Ejidongari     Government High School Adeta     Plat Technologies     Press Release     Twitter     Sidikat Uthman Ajibola     Ganiyu Taofiq     Ahmad Ali     Chief Imam Of Omu-Aran     Turaki     Tricycle Owners Association Of Nigeria     Shururat Olatinwo     Ishaq Oloyede     Toyin Saraki     Ojo Fadumila     Dan Iya Of Ilorin     Moremi High School     Seun Bolaji     Dogara     Elelu