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.

Tayo Alao     Garment Factory     Junior Secondary School Certificate Examinations     Samari     Sobi     Titus Ashaolu     Jalala     Ajasse-Ipo     NITDA     Metro Park     Pategi     Ibrahim Abdulkadir Abikan     Abdulrahman Abdulrazaq     Turaki Of Ilorin     Habeeb Saidu     Oni Adebayo     Ghali Alaaya     Prince Mahe Abdulkadir     Emmanuel Bello     Ado Bayero     Kwara Teaching Service Commission     Naira Redesign     Balikis Jawondo     Bola Ahmed Tinubu     Alabi Olayemi Abdulrazak     Atunwa     Osuwa     Ibrahim Taiwo     Fareedah Dankaka     Alapansapa     Abdulganiy Abimbola Abdussalam     Okeose Christian Cementary     Elerin Of Erin-Ile     Kwara State Government     Abubakar Baba     Kwara Politics     Kolade Solagberu     Kwara State Fish Farmers Association     Ojuekun Sarumi     Olokoba Abdullahi Ayinla     ASKOMP     Okin Biscuit     Salman Alada     CBT     NTA Ilorin     Egbewole     Offa Metropolitan Club     NULGE     Nurudeen Muhammed     Olatomiwa Williams     Alikinla     Olushola Saraki     Saba Mamman Daniel     Zulu Gambari     Nnazua     Muritala Awodun     Special Agro-industrial Processing Zone     Oyedun Juliana Funke     Centre For Peace And Strategic Studies     Ayodele Kuburat Olaosebikan     MMWG     Amule     Idowu Laro     Cassava Growers\' Association     Saidu Isa     Saka Saadu     Yusuf Mubarak     Binta Abubakar-Mora     Ojo Isekuse     Bolaji Aladie     Mohammed Haruna     Alaro     Abdulwahab Oba     Oyin-Zubair     Bola Magaji     Salman Suleiman     Maryam Nurudeen    

Cloud Tag: What's trending

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

Sidikat Akaje     Olaiya Lawal     Ahman Patigi     Kwara State Government     Joana Nnazua Kolo     Abdulrauf Yusuf     Wahab Kunle Shittu     Bello Taoheed Abubakar     Rueben Parejo     Ilorin Central Mosque     Abikan     Kawu Baraje     Playing Host     Kwara Polytechnic     Fatimat Saliu     Olaitan Adefila     Ilota     Balogun Ajikobi     Hassanat Bello     Tayo Awodiji     Salary     Bola Iyabo Ibiyeye Adisa     Dauda Adeniran Adeshola     Moses Afolayan     Olaosebikan     Ishaq Oloyede     Vasolar Consultoria     Abubakar Bature Sulu-Gambari     Shonga     Kunle Akogun     Medview Airlines     Nigeria Association Of Women Journalists     Aliyu Alhassan     National Union Of Road Transport Workers     Alaro     Galadima     Lola Olabayo     Omotoso Musa     Ishola Moses Abiodun     Babatunde Idiagbon     Oladimeji Thompson     Umar Ahmed Gunu     Ubandoma     Kehinde Baale     Ojo Isekuse     Baba Isale     April 11     Tunde Saad     Olatunji Abdulmumeen     Sardauna Of Ilorin     Toyin Abdullahi     Mumeen Lah     Henry Olaosebikan     Inside Kwara     Offa     Ahmad Belgore     Ibrahim Abiodun     Kwara Restoration Project     Funmilayo Braithwaite     Okala Baba     Igbomina     Abatemi Usman     Esinrogunjo     Akom Construction And Engineering Synergy Ltd     Edu     Abdullahi Biffo     Kassim Babamale     Onilu     Labour Party     Maimunat Oniyangi     Mohammed Yahaya Barki     Earlyon Technologies     Ashiru     Harrison Osauwagboe     Muyideen Ajani Bello     School Of Nursing     3MTT