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.

Ahmed \'Lateef     Salami Adekunle     Aishat Sulu-Gambari     Elewu     Abdulraheem Yusuf     Mohammed Abdulahi     Eleyele     Okedare     Abdulrazak Shehu Akorede     Abdullahi Atanda     Abdul-Rahoof Bello     Kwabes     Musbau A. Akanji     Sulyman Tejidini     Metro Park     Olota Of Odo-Owa     Abdulmajeed Wahab     Ilorin Water Reticulation     Col. Adedipe     Bola Magaji     Mohammed Abduraheem     Hassanat Bello     Ayinde Oyepitan     Babatunde Ajeigbe     Gabriel Fashanu     KWASIEC     Ali Ahmad     Islamiya Abdulraheem     Tsaragi-Share     Olatunji Bamgbola     Ahmad Belgore     Muhammad Ghali Alaaya     Victor Gbenga Yusuf     Afetu Of Alabe     Erubu     Tsaragi     Elesie Of Esie     Dauda Adeniran Adeshola     JAAC     Ishaq Abdulkarim     Ibrahim Abdullahi     Tayo Alao     Olatunji Ayeni     Razaq Atunwa     Iyaloja-General     Peculiar Allowance     Kwara State University Of Education     Ahman Pategi     Aminu Adisa Logun     Nigeria Customs Service     IPSAS     Kwara State Television     Offa Metropolitan Club     Mohammed Khadijat Kubura     Trader Moni     Harmony Holdings     Bilikisu Gambari     Harafat E. Mukadam     Ilofa     Adam Abdullahi Al-Ilory     Yoonus Kola Olatinwo     Public Holiday     Akeem Olatunji     Fatimah Abdulkadir     Babaloja-General     Taofeek Sanusi     Raliat Islamic Foundation     Amos Sayo     Alloy Chukwuemeka     Muslim Cementary     Radio SBS     Olohungbebe     Rafiu Olasile     Muhammed Akanbi     Ado Bayero     Taofeek Ibraheem     MMWG    

Cloud Tag: What's trending

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

Shururat Olatinwo     Naira Redesign     Kwara 2015     Ahmad Ali     Alanamu     Lukman Oyebanji Fagbemi     Oyawoye     Olushola Saraki     Sulu Gambari     Kazeem Oladepo     Kannike     Sulyman Tejidini     Ibrahim Abduquadri Abikan     Apaokagi     Adijat Adebiyi     Bamidele Adegoke     Oke-Oyi     Saadu Alanamu     Damilola Yusuf     National Party Of Nigeria     Ibrahim Taiwo Road     Facemasks     Kola Bukoye     National Association Of Nigerian Students     KSIRS     Yoonus Lawal     Hakeem Idris     Tunji Ajanaku     Sambo Murtala     Rafiu Ajakaye     Kwara Metro Park     Ganiyu Taofiq     Congress For National Consensus     Olam Food Ingredients     Aminat Ahmed     Ayeyemi Sulaiman     COEASU     Daud Adeshola     Abiodun Oyedepo     Saidu Kawu     Adolescent Girls Initiative For Learning And Empowerment     Garment Factory     First Lady     Ghali Alaaya     Oko-Erin     Grillo     CACOVID     Raliat AbdulRazaq     ITEM 7     Fareedah Dankaka     Ojuekun Sarumi     Lola Ashiru     Suleiman Mora Omar     Taofeek Sanusi     Dan Iya Of Ilorin     Aliyu Muhammad Saifudeen     Abdulrahman Iliasu     Azeez Bello     Aliyu Sabi     Kaosarah Adeyi     Abubakar Bature Sulu-Gambari     Iyaloja-General     Saka Keji     Olayinka Are     Esuwoye     ER-KANG     Ibrahim Abdulkadir Abikan     Lanwa     Sulyman Abdulkareem     Agor     Abubakar Baba Sulaiman     Elerinjare-Ibobo     Sodiya     Abiodun Abdulkareem     A.O. Belgore     Ayobami Akanbi     Jaiz Bank