Ahmed calls for early release of fed allocation

Date: 2012-08-27

KWARA State Governor Abdulfatah Ahmed has appealed to the Federal Government for early release of the Federal Allocation to enable states to meet their obligations.

Ahmed, who spoke with reporters in Ilorin on Sunday, said holding the Federal Revenue Allocation meetings early would allow the Ministry of Finance and other institutions to remit money to states and local governments.

He appealed to the Minister of Finance, Dr. Ngozi Okonjo-Iweala, to ensure that the meetings were held early.

The governor said, "For us at the governor’s forum we have sought to meet with the Minister of Finance to please work on the issue of delayed allocations meetings.

"I remember when I was Commissioner for  Finance, the meetings were usually held between 12,  13 and 14 of each month.  So it gives ample time for the Central Bank of Nigeria, which  is  in charge of allocating funds  to various states and local government through the ministry of finance to do that.

"Now allocation meetings are usually held much later, and the later the meetings are held the later the distribution and allocation of fund. And before it gets to the state and the state has its process of ensuring distribution and allocation; that is the first leg in the delays."

He said the state recorded shortfalls in federal revenue allocations from May till July.

However, he called on local governments to exhibit more financial prudence, reduce their recurrent expenditure and devise strategic and innovative means of improving  on their internally generated  revenue  to avoid total dependence on federal allocations.

Source

 

Cloud Tag: What's trending

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

Nupe     Women Radio     Babatunde Idiagbon     Razaq Ayobami Akanbi     Joseph Offorjama     Emir Of Kano     Abiodun Musa Aibinu     Issa Baba     National Broadcasting Commission     Coalition Of Kwara North Groups     Pategi     Omoniyi     Suraj Tunji Oyewale     Wahab Agbaje     Abdulrahman Abdulrasaq     Baboko Primary School     Onikijipa     Ishola Abdullahi     Funmilayo Mohammed     Yahaya Abdulkareem     Danladi     Yusuf Abubakar     Michael Nzekwe     Gbajabiamila     Tanke Flyover Bridge     Oloriegbe     Kwara State Internal Revenue Service     Isiaka Oniwa     Olabanji Orilonishe     Abdulkadri Ahmad Alaiye     Salihu Ajia     Mahmud Durosinlohun Atiku     Goodluck Jonathan     Abdullahi Imam Abdullahi     Simeon Sayomi     Adedeji Onimago     Salman Jawondo     Federal Road Maintenance Agency     Kunle Suleiman     Baruten     Kamaldeen Ajibade     Noah Yusuf     Abdulahi Abubakar Bata     Just Law Forum     Dele Belgore     Chief Imam Of Offa     Kwara State Council Of Chiefs     NFAI     Sherif Shagaya     Sabitiyu Grillo     Abubakar Olusola Saraki     John Olobayo     Sadiq Umar     Computer Based Test     MalHub     Adamu B. Yaqubu     Abdulrahman Iliasu     Shuaib Jawondo     Young Progressives Party     Markaz Arabic And Islamic Training Institute, Agege     Oloyede     Ekweremadu     Rebecca Bake     Yusuf Ibitokun Sherifat     Femi Gbajabiamila     Firdaos Amasa     Bibire Ajape     Alao Ayotunde     YAKOOYO     Babata     Lola Olabayo     Kolo     Abubakar Usman Jos     Lucky Omoluwa     Local Government Pension Board     Musa Alhassan Buge     AbdulRazaq Abubakar Jiddah    

Cloud Tag: What's trending

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

Razak Atunwa     AbdulRasaq Abdulmajeed Alaro     Oba Abdulkadir La\'aro     Jimoh Akani     Saka Saadu     Yahaya Abdulkareem     Abdul-Rahoof Bello     Ayodele Kuburat Olaosebikan     Mustapha Olanipekun     Hassan Oyeleke     Oro Grammar School     Bola Shagaya     Abubakar Atiku     Oba Abu     Ilorin Curfew     Suleiman Rotimi Iliasu     Majlis For Sadakah, Zakat And Waqf     Assayomo     Bankole Omishore     TESCOM     Alloy Chukwuemeka     Victor Gbenga Yusuf     Damilola Yusuf     Abdulrahman Abdullahi Kayode     Emir Of Yashikira     Abdulkadir Bolakale Sakariyah     Kannike     Alumni Association Of The Federal Polytechnic Offa     Sulaiman Gado     Ola Falade     Taofik Abdulkareem Babaita     Ariyo     Isin     Just Event Online     Baba Isale     Samuel Adaramola     Nigeria Foundation For Artificial Intelligence     Amasa     Aliyu Muhammed     Jaiz Bank     Muhammad Yahya     Monthly Sanitation Exercise     Umar Yakubu Jaja     Sulyman Atolagbe Alege     Sheriff Shagaya     Isiaka Oniwa     Stephen Fasakin     Ilorin Emirate Staff Association     Amuda Bembe     Bola Sagaya     Lateef Ademola Olatunji     Hamidu Olowo     University Road     Zubair Folorunsho Erubu     KWASIEC     Sunset Workers     Florence Saraki     Idris Garuba     Ambassador Kayode Laro     Sidikat Akaje     Folajimi Aleshinloye     Hausa     Village Alive Development Association     Ibrahim Sulu Gambari     Abdulrahman Abdulrazak     Kunle Suleiman     Olawuyi     Hussein Olokooba     Muhammad Akande Olarewaju Odunade     11th Galadima     Sanitation Exercise     Charcoal     Muhammadu Buhari     Park     Abdulhakeem Amao     Moses Salami     Oju Ekun Sarumi