Kwara Might Not Benefit Much From Bailout - Gov. Ahmed
As the people of Kwara continue waiting for the bailout promised the states by the Federal Government, the State Governor, Abdulfatah Ahmed, has announced that Kwara might not benefit much from the anticipated bailout.
While featuring on his monthly media interactive called 'Governor Explains', he noted that the bailout is meant to help states with huge debts.
The states would have their repayment spread for longer periods in order for them to have funds for other projects instead of servicing debts alone.
He explained that since the debt of Kwara is not much, it would not be among the states to benefit much from the bailout, adding that discussion was still ongoing on the modalities to be used on how to help the states in that regard.
He denied the insinuation that funds would be released by the Federal Government for states to offset salaries, explaining that the debts being owed were only being restructured for longer periods by the Federal Government.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Suleiman Ajadi Sheikh Alimi Aliyu U. Tilde A.O. Belgore SDP Yusuf Amuda Aluko Adesoye College Babatunde Ishola Babaita Dan-Kazeem Yahaya Abdulkareem Bamidele Adegoke Oladimeji Folorunsho Erubu Idris Amosa Oladipo Saidu Oye Tinuoye Sadiq Umar Muhammed Aliyu Shaykh Luqman Jimoh Bamidele Adegoke Yahaya A Paniyaro Afolasade Opeyemi Kemi Saduki Lafiagi Ilorin West Cornelius Adebayo Lanre Issa-Onilu Hakeem Lawal Alapansapa Nigerian Correctional Service Ilorin East/South Federal Constituency Haruna Tambiri Mohammed Sidikat Uthman Ajibola Ahmed \'Lateef Mohammed Lawal Ayedun Al-Hikmah Radio Ubandoma Of Ilorin Ilorin Muslim Community Abioye Bello Salman Jawondo Mohammed Yisa Kupchi Hosea Maxwell Oniwasi Agbaye Kolawole Bashirat Kayode Ibrahim Share-Tsaragi Sai Kayi Share/Tsaragi 3MTT Undergraduate Bursary Umar Bayo Abdulwahab CLAY POT Abdulrahman Iliasu Simeon Sayomi Dapo Teni Nig Enterprise Ilorin Curfew Shettima NSCIA Lafiagi MalHub Young Progressives Party Agbarigidoma Harrison Osauwagboe Maja State Bureau Of Internal Revenue Tunji Olawuyi Imodoye Writer’s Enclave Ophthalmological Society Of Nigeria Tunde Idiagbon Road Omotosho Emir Of Lafiagi Jelili Yusuf Awwal Jawondo Abdullahi G. Mohammad Moro Muslimah Entrepreneurship Forum Aishat Mohammed Lawal Mustapha Olanipekun Yunus Oniboki

