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     Adesoye College     Ilofa     Bola Iyabo Ibiyeye Adisa     Isaac Gbenle     Yoonus Kola Olatinwo     FOMWAN     Obasanjo     Muhammad Akande Olarewaju Odunade     General Hospital     Oke-opin     Adedeji Onimago     All Confederation Of Principals Of Secondary Schools     Adamu Jemilat-Baki     Mohammed Ibrahim     Sheu Ndanusa Usman     Oluronke Adeyemi     Aasiyat Bello Oyedepo     Dapo Teni Nig Enterprise     Kamaldeen Ajibade     Sambo Murtala     Muhammad Mustapha Suleiman     Modibbo Kawu     Chief Imam Of Offa     Alliance For Democracy     Babatunde Ishola Babaita     Oke-Oyi     Asiwaju Bola Tinubu     Prince Sunday Fagbemi     Mope Dasuki Belgore     Aisha Ahman Pategi     Wole Oke     Ahmad Olanrewaju Belgore     Tunde Saad     Biliaminu Aliu     Agor     Budo Egba     Kamaldeen Kehinde     Gani Saadu     Kwara Basketball Association     Chief Imam Of Ilorin     Khairat Gwadabe     Kwara North     School Of Nursing     David Oyedepo     Allocation     Yahaya Seriki Gambari     CKNG     Muslimah Entrepreneurship Forum     Idiagbon     KSIRS     Lateef Ademola Olatunji     Saka Adeyemo     Kayode Ibrahim     Galland Marcias     Emmanuel Bello     Garment Factory     Abdulfatai Baakini     Adebara     Abdullateef Abdussalam     Taofik Mustapha     Taofeek Sanusi     Ilorin East     Ibraheem Adeola Katibi     Transition Implementation Committee     Ophthalmological Society Of Nigeria     Mohammed Kamaludeen     Abdulrosheed Okiki     JSSCE     Emir Of Yashikira     Kamoru Kadiri     Abdulmumin Yinka Ajia     The Herald     Rotimi Atere     Col. Taiwo     Neuropsychiatric Hospital     Dan Iya Of Ilorin    

Cloud Tag: What's trending

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

Shoprite     Taofeek Sanusi     Lawyers Unite Against Corruption     Gabriel Fashanu     IYA YUSUF     Seun Bolaji     Jani Ibrahim     Adewuyi Funmilayo     Fatimoh Lawal     Isiaka Oniwa     Nurudeen Muhammed     Ilorin Talaka Parapo (ITP)     Isau     Tanke     Oke-Ogun     Markaz Arabic And Islamic Training Institute, Agege     Adeola Abraham     Baruba     Unilorin FM     Abdulrazaq Solihudeen     Garment Factory     Christopher Odetunde     Bashir Adigun     Rebecca Olanrewaju     Al-Ilory     Saka Keji     Abdulwahab Ololele     National Union Of Road Transport Workers     Kwarareports     Yusuf Lanre Badmus     Kehinde Boyede     Abegunde Goke     Pategi     Senate Presidency     LABTOP     Mohammed Ajia Ibrahim     Shonga     Metro Park     Abdulkadir Jimoh     Yahaya Oloriegbe     Otuka     Toyosi Thomas     Afolabi-Oshatimehin Adenike Harriet     Garba Idris Ajia     Smart School     AbdulRazaq AbduMajeed Alaro     Bello Abubakar     Raymond Olaitan     Kabir Shagaya     Anilelerin     Rafiu Ibrahim     Aliyu Kora Sabi     TESCOM 2025     Sobi Hill     Baba Isale     Yusuf Lawal     Bolaji Abdullahi     Ahmed Ayinla Jimoh     Yakub Ali-Agan     Muhammadu Gobir     Offorjama     Seed Technologies     Balogun Gambari     Kwara Basketball Association     Road Transport Employers Association Of Nigeria     Oluwole Dupe     KWIRS     IPSAS     Fareedah Dankaka     Opolo Global Innovation Limited     Kwara-SAPZ Project     Code Of Conduct Bureau     Ibrahim Taiwo Road     CELF     Atiku Abubakar     Sa\'adu Salahu     Afeyin-Olukuta