Kwara PDP, Assembly tackle gov over N20 billion Bond

Date: 2015-11-26

The Kwara State chapter of the Peoples Democratic Party (PDP) and the state House of Assembly which enjoys a majority of members of the All Progressives Congress (APC) have gone on war path with the state governor, Alhaji AbdulFatah Ahmed over the proposed N20 billion Bond the state government is proposing to take.

Already, the state House of Assembly has urged the state government to furnish the legislature with detailed information on the bond so far accessed by the present administration in the state. This is coming on the heels of the allegation by the state publicity secretary of the PDP, Mr. Rex Olawoye, that the government of Ahmed has taken up to five bonds in the last five years.

The demand for a detailed information by the assembly is part of resolutions reached by the House following the State Governor AbdulFatah Ahmed's request for the House resolutions on the proposed seven-year N20billion bond to address critical developmental projects in the state and read by the Speaker Dr. Ali Ahmad on the floor of the House.

Reading the resolutions of the House, the Speaker commend the state government for its vision conceptualising the stimulus acceleration plan and proposing various projects that will improve on the lives of the people. According to the Media Aide to the Speaker, Adebayo Abdullahi, the detailed information requested for would assist the House to access the impact of the previous bonds accessed by the state government on the lives of the people of the state.

?

The House equally urged the Executive arm of government to furnish the legislature with detail information on the cost and locations of the projects to be executed under the proposed bond. The legislature also resolved to consult widely with members of their constituencies on the proposed bond so that they will be better informed and obtain their inputs on the proposed N20billion bond.

Members had while speaking on the proposed bond frowned at the Executive arm of government for not consulting with the legislative arm before citing projects in their constituencies. They said as representative of their constituents, they were better informed on the needs of their people and their inputs would help government to prioritise the needs of their people.

The Speaker while directing the Clerk to the House to communicate resolutions of the House to the State Governor said the House would not rush at taking a decision which according to him may affect the future generation. Besides, the state government has advised the state chapter of PDP to properly educate itself about government programmes instead of misleading the public.

In a statement issued in Ilorin, the state government condemned as misleading, a claim by the state publicity secretary of the PDP, Mr. Rex Olawoye, that it has taken up to five bonds in the last five years. The state government said the previous administration of Dr. Bukola Saraki obtained a N17b bond in 2009 to fund major infrastructure projects in the state which was paid off in August 2013.

Moreover, the state government wondered where the PDP got the figures of N23b and N30b bonds referred to in the said interview and advised the opposition party to seek clarification instead of misleading the public with phantom figures.

Setting the records straight, the state government said the proposed N20b, when approved, will be utilised for reviving ongoing projects on road, education, health, energy, water and sports as well as new ones that were stalled following the drop in FAAC allocation to the state from N3.2b monthly to N1.8b monthly. Stressing that the temporary reliance of the state government on federal government bail out funds for the payment of salaries was not peculiar to the state, the statement said many others, including those controlled by the opposition PDP, had received bailout for salary payment. Nevertheless, the statement stressed that the state government was one of those with the lowest levels of salary arrears.

Government also emphasised that the proposed N20b bond was a strong indication that the state economy was robust as no bank will lend money without demonstration of proven capacity to repay.

Source

 


Cloud Tag: What's trending

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

Kwara     Biliaminu Aliu     Durbar Festival     Yinka Aluko     Olubukola Kifayat Adedeji     Taiwo Joseph     Adesoye     VADA     Oluronke Adeyemi     Abdul-Rasheed Na\'Allah     Saliu Oluwole     Muhammed Mahe Abdulkadir     Binta Abubakar-Mora     Musibau Akanji     Azeez Bello     Arandun     Veterinary Teaching Hospital     Bahago     SSUCOEN     Khadijat Ayoola Yusuf     Tunji Moronfoye     Transition Implementation Committee     Aliyu Kora Sabi     Suleiman Alege Kuranga     Oyun     Kassim Babamale     Dogara     Taofik Abdulkareem     Shehu Alimi Foundation     Abubakar Lah     Umar Bayo Abdulwahab     Lateef Fagbemi     Kwara Volleyball Association     Mohammed Ghali Alaaya     Yusuf Amuda Gobir     Is\'haq Modibbo Kawu     Kolo     COVID     Isiaka Rafiu Mope     Doyin Group     Musa Yeketi     Kwara Restoration Project     Olaitan Adefila     Akeem Lawal     Oba Abdulrahim     Muhammed Taofeeq Abdulrazaq     AbdulHamid Adi     Jimoh Saadudeen Muhammed     Oyelere Oyinloye     Maigidasanma     Seed Technologies     Taofeeq Olateju     Dar-Al-Handasah Consultants     Alaaya     Adesina Simon Sodiya     Quareeb Islamic Association     Joseph Bamigboye     Aisha Gobir     Abdulrahman Abdulrasak     Igbaja     Democracy Day     Reuben Paraje     Geri-Alimi Split Diamond Interchange     Onilorin     Raymond Olaitan     Saka Adeyemo     Modupe Oluwole     Wahab Egbewole     Toun Okewale-Sonaiya     Marufat Oladosu     Just Law Forum     Onikijipa     Mazars Consulting     Salmon Babatunde Salmon     Gamji Members Association     Sola Saraki Educational Foundation     Abdulfatai Salman Baakini    

Cloud Tag: What's trending

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

Kayode Laro     Ibrahim Abdulkadir Abikan     Oloriegbe     Ola Falade     Matthew Babaoye     Irepodun     University Road     Elekoyangan     Tanke Flyover Bridge     Wahab Agbaje     Erubu Oba Zubair     Oyin-Zubair     Idris Garuba     Ambassador Kayode Laro     Kayode Issa     Col. Taiwo     Baba Issa     Sidikat Alaya     Ahmed Mohammed Rifun     Sabo-Oke     KWSIEC     Ojo Fadumila     Chief Imam Of Lafiagi     Salihu S. Yaru     Shonga     Soffiyyallah Kamaldeen     Olam Food Ingredients     TESCOM     Clement Yomi Adeboye     Madawaki     Hassan Taiye Salam     Kumbi Titilope     Mahmud Durosinlohun Atiku     Adamu Ibrahim Sabi     Iyeru Grammar School     Ariyo     Musbau A. Akanji     Bature Bello     Owode Market     Dan Masanin     Mike Omotosho     UTME     Abdullahi Biffo     Olajumoke Monsura Gafar     SAPZ Project     Curfew     Jimoh Akani     Kannike     Tunji Folami     Communication Network Support Services     Isiaka Yusuf     Kulende     Balogun Gambari     Elese Of Igbaja     Talaka Parapo     Bahago     Ahmed \'Lateef     Muslimah Entrepreneurship Forum     Ibraheem Abdullateef     Funmi Salau     Ilorin Innovation Hub     Abdulrahman Abdulrasak     Overland     Folajimi Aleshinloye     Elerin Of Adanla Irese     Post Utme     Mohammed Tunde-Jimoh     Ibrahim Labaika     Sarafadeen Kayode Akorede     Issa Memunat Moyosore     Abdulquawiy Olododo     Wale Oladepo     Ridhwanullah Al-Ilory     MAI Akande     Orisun Igbomina     New Nigeria People’s Party     Saliu Shola Taofeek