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.

FERMA     Muhammad Ghali Alaaya     Kehinde Baale     Gbenga Awoyale     Yusuf AbdulRasheed     Yaman     Abubakar Imam     Aasiyat Bello Oyedepo     Ibrahim Akaje     Bolaji Abdullahi     Students Union Government     JUSUN     Okoolowo     Yoonus Lawal     Laboratory-to-Product     Shehu Salau     Toyin Falola     Yusuf Aiyedun     Lithium     Balogun Ajikobi     Shuaib Abdulkadir     Abubakar Olusola Saraki     Peculiar Allowance     Abubakar Aliagan     Amasa     University Road     RTEAN     Omotosho     Alabi Olayemi Abdulrazak     Joseph Offorjama     Umar Ahmed Gunu     Democracy Day     Muideen Olaniyi Alalade     Nurudeen Mohammed     Standard Organization Of Nigeria     Kehinde Boyede     Emir Of Shonga     Garba Ayodele Wahab     Harrison Osauwagboe     AbdulGaniyu Kareem     Folorunsho Erubu     Ademola Kiyesola     Sanitation Exercise     Quareeb Islamic Association     Babatunde Ishola Babaita     Ojuekun     Toun Okewale-Sonaiya     Otuka     Gamji Members Association     V.O. Abioye     Agbarere     Bello Oyebanji     Saheed Popoola     Abiodun Musa Aibinu     Sambo Murtala     Sadiq Umar     Kwara State Health Insurance Agency     Yunus Lawal     Tunji Folami     Shuaibu Yaman     Age AbdulKareem     Haruna Tambiri Mohammed     Shoprite     Odogun Olushola Gabriel     Ezekiel Yissa Benjamin     Tinubu Legacy Forum     Facemasks     International Vocational Centre     Senior Special Assistant On Student Affairs     Unicontinental Construction Company     Bibire Ajape     Abdulahi Abubakar Bata     Afonja     Association Of Kwara State Online Media Practitioners     Firdaos Amasa     Labaeka     Ahmad Lawan    

Cloud Tag: What's trending

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

FERMA     Roheemat Hammed     Aiyedun     Omotoso Musa     Afusat Nike Ibrahim     Omu-aran     Saliu Ajibola Ajia     Aremu Odolaye     National Democratic Congress     Titus Suberu-Ajibola     Olaosebikan     TIC     CELF     Hausa     Kwara     Bareke     Pakata     Eleja Taiwo Banu     AbdulGafar Tosho     Abatemi-Usman     KWASIEC     The Herald     Taofik Abiodun Ahmed     Omu Aran     Abdullahi Saadudeen Alikinla     Radio SBS     Oba Of Jebba     Olokoba     Seed Technologies     Raliat Elelu-Habeeb     Saidu Isa     International Aviation College     James Ayeni     Yusuf A. Usman     Abubakar Aliagan     Mutawali Of Ilorin     Ayotunde Emmanuel Alao     Segun Olawoyin     CKNG     Federal College Of Education (Special), Afon     National Association Of Nigerian Students     Olosi Of Osi     Hassanat Bello     Amoyo     Isiaka Gold     Volunteers Of Ilorin Community And The Emirate     Aliyu Kora-Sabi     Kwha.gov.ng     Alapansapa     Aro Yahaya     Haleeman Salman     Mohammed Ibrahim     Budo-Egba     Doyin Awoyale     Abdulrahman Iliasu     Alapado     Tunde Kazeem     Kunle Suleiman     Olatinwo     Toyosi Thomas     AGF Abdulrazaq     International Vocational Centre     Alfa Yahaya Road     CCB     Bashiru Makama     Orisa Bridge     Adedipe     Kwara State Health Insurance Agency     Principal Private Secretary     Harafat E. Mukadam     Baruba     Owode Market     Bola Iyabo Ibiyeye Adisa     Alaiye     Alanamu     V.O. Abioye     AbdulHakeem Ajibola Akanbi