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.

ITEM 7     Kwara Apc     Tanke     Mogaji Aare     March 18     JUSUN     Olatunde Michaels     Gwanara     Dapo Teni Nig Enterprise     Saka Adeyemo     Salihu Ajibola Ajia     Abdulkadir Remi Hawawu     Maimunat Oniyangi     Kwara Liberation Group     Mujtabah Bature     Aminu Ado Bayero     Aasiyat Bello Oyedepo     Elesie Of Esie     Kayode Oyin-Zubair     Kola Bukoye     Bolaji Gambari     Aliyu U. Tilde     Bola Iyabo Ibiyeye Adisa     Alumni Association Of The Federal Polytechnic Offa     Nigerian Medical Association     Hajj     Turaki Of Ilorin     Sheriff Olanrewaju     AbdulGaniyu Kareem     Tunji Ajanaku     Babata     Sambo Murtala     SARS     Niyi Osundare     Law School Scholarship     Olabode Towoju     Apata Ajele Secondary School     Ridhwanullah Al-Ilory     IYA ALFA NLA     JAAC     Iliasu     Monthly Sanitation Exercise     Arca Santa     Joseph Offorjama     Damilola Yusuf Adelodun     Awili Pedro     Coronavirus     Yakubu Mohammed Abdullahi     Saheed Popoola     Adam Abdullahi Al-Ilory     Babs Iwarere     Yusuf Lanre Badmus     Mahmud Babatunde Baker     Ilorin Talaka Parapo     Amosa     Bayer Nigeria Limited     Press Release     Oko-Erin     Emir Of Shonga     Adamu Ibrahim Sabi     Fatima Abolore Jimoh     SSUCOEN     Kwara State Football Association     Abdulmumin Yinka Ajia     Rice Farmers Association Of Nigeria     Offa Metropolitan Club     Madawaki     Abdullahi Atanda     Countryside Emerging Leaders Fellowship     Amuda Musbau     Olokoba Sulyman     Mohammed Khadijat Kubura     Kwara State Branch Of The National Library     Dumagi     Joseph Daudu     Shettima Of Ilorin     Abdulazeez Uthman    

Cloud Tag: What's trending

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

AGM Professional Services     Omotosho     IDPU     Shuaib Jawondo     Rex Olawoye     Gbemisola Oguntimehin     Abraham Ojo     Senate     Yoonus Kola Olatinwo     Ahmad Ali     Ganmo     Seun Bolaji     Olatunde Michaels     Olatunji Ayeni     Simeon Ajibola     Ilorin Talaka Parapo     Peculiar Allowance     Adanla-Irese     Centre For Community Empowerment And Poverty Eradication     Kwara Restoration Project     Kayode Ishola     Amos Justus Sayo     Salake     Saheed Akinwumi     Elerinjare     Ile Arugbo     Hameed Oladipupo Ali     National Association Of Nigerian Students     Owode Market     Share     Ibrahim Jawondo     Umar Saro     Alaiye     Cornelius Fawenu     Abubakar Bature Sulu-Gambari     Abdulwahab Oba     Manzuma     Bashirat Bola Bello     Labour Party     Hussein Olokooba     Odolaye Aremu     Jebba     Erubu     Abdulmajeed Wahab     Christopher Tunji Ayeni     Third Estate     Mohammed Halidu     Oba Abdulrahim     TVC Female National Debate     ER-KANG Mining Nigeria Company Limited     Omu-aran     Niyi Osundare     Freshvine Nigeria Limited     Wahab Agbaje     Alanamu     Yetunde Balogun     AbdulHamid Adi     Siraj Oyewale     Mutawalle     Special Agro-industrial Processing Zone     Mogaji Aare     Sadiq Buhari     Rihanat Ajia     Suleiman Abubakar     Taofik Abiodun Ahmed     Alao Ayotunde     Zubair Folorunsho Erubu     Kwara State Governor     Olabode Towoju     Rachael Obisesan     Rafiu Ajakaye     Adaramaja     Suraj Tunji Oyewale     Umar Bayo Abdulwahab     Charles Ibitoye     Vasolar     UITH