Kwara PDP, Assembly tackle gov over N20 billion Bond
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.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
International Vocational Centre Mohammed Yisa Gbemisola Saraki Oasis Muslim Care Foundation Shettima Of Ilorin Okoolowo Katibi Ibraheem Adeola TIC Niyi Osundare Kayode Ibrahim Suwa-Arabs Salau Kabiru Abdullahi Maimunat Oniyangi Ibikunle Ogunleye Yemi Osinbajo Seed Technologies Police Commissioner Neo Mundo Ltd Umar Yakubu Jaja Abubakar Suleiman Micheal Imodu-Ganmo Road Dankaka Tescom.kwarastate.gov.ng Ilesha-Gwanara Ahmed Ayinla Jimoh Ilorin Emirate Abraham Ojo Aliyu Sabi Lanwa Musa Aibinu Siraj Oyewale Mohammed Katsina Ahmed Baaziki Sulaiman UNIFEMGA GANZY Kayode Yusuf Special Agro-industrial Processing Zone Ajasse-Ipo Guber Aspirant Ilorin Durbar Jelili Yusuf Alfa Yahaya Road Abdulmumini Sanni Jawondo National Pilot Baruten Lai Mohammed HYPPADEC Boko Haram Federal Neuro-Psychiatric Hospital Salihu Ajibola Ajia Cornelius Adebayo Yahaya Dumoye Imam Gambari Democracy Day Doyin Awoyale Olajumoke Monsura Gafar Kwarareports Ibrahim Orire Osuwa Ebola Mike Omotosho Mujtabah Bature Rapheal Ashaolu Saba Mamman Daniel Sulyman Atolagbe Alege Kwara Poly Kabir Shagaya Akom Construction And Engineering Synergy Ltd Sulu Babaita Isiaka Olupako Abdulrauf Aliyu Rotimi Samuel Olujide Oloriegbe Principal Private Secretary Waziri Yakubu Gobir ITP Florence Saraki

