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.

Abdulquowiyu Olododo     Olokoba Abdullahi Ayinla     Sidikat Alaya     Christopher Tunji Ayeni     Shehu Alimi Foundation For Peace And Development     Sam Okaula     Ibrahim Taiwo     Saka Isau     Khairat Gwadabe     Ibikunle Ogunleye     Oba Abdulraheem     Abdullahi G. Mohammad     Suleiman Abubakar     Ilota     Rebecca Bake     Yekeen Alabi     Apado     Kwara State Fire Service     Unilorin     Abdulfatai Ahmed     Freshvine Nigeria Limited     Onilupeju Of Ilupeju     Bankole Omisore     Amina El-Imam     Sebastine Obasi     Oniyangi Kunle Sulaiman     Jani Ibrahim     Abdulrazaq Solihudeen     Tafida Of Ilorin     Al-Ilory     Otuka     Sa\'adu Salau     Ogbondoroko     Taofeek Ibraheem     Awoye     Awili Pedro     Abdul-Rahoof Bello     Kudirat Arinola Lawal     Bolakale Saka     Olanrewju Okanlawon Musa     Oro Grammar School Old Students Association     Shuaib Olarongbe     Sheriff Shagaya     Communication Network Support Services     John Olajide Adedipe     Yusuf Abdulraheem     Women Radio     Alao Ayotunde     KW-GIS     SSA Youth Engagement     Olayinka Jelili Yusuf     Ibrahim Abiodun     Lateef Ademola Olatunji     Awodun     Aro Yahaya     Abatemi-Usman     Abdulrazaq Adebayo     Kisra     Abubakar Usman Jos     Oluwole Dupe     Omoniyi Ayinla     Mohammed Lawal     Shuaib Boni Aliyu     Dapo Teni Nig Enterprise     Mahee Abdulkadir     Rotimi Atere     Alaaya     Salihu Jibril Garbi     Adamu Ibrahim Sabi     Code Of Conduct Bureau     Lola Ashiru     Tayo Alao     Oke-Odo     HAMFAT Clinic And Maternity     Bilikis Oladimeji     Ethical College     Countryside Emerging Leaders Fellowship    

Cloud Tag: What's trending

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

Abdullahi Saadudeen Alikinla     Mamman Saba Jibril     Kabir Shagaya     Kumbi Titilope     Baaziki Sulaiman     Yusuf Abdulraheem     Adijat Adebiyi     Oba-Solagberu     Kwara TV     Sunday Fagbemi     Joana Nnazua Kolo     KwaraLearn     Bisi Kristien     Awwal Jawondo     Oyawoye     Hijaab     Oba Sulaiman Asude     Baba Adini Of Kwara State     Raliat AbdulRazaq     Sai Kayi     Share-Tsaragi     Sheriff Olanrewaju     Ejidongari     Durbar Festival     Abdulmalik Bashir Mopelola Risikatullahi     Laduba     Ilorin South     Onikijipa     Post-utme     Special Agro-Industrial Hub     Muhammad-Mustapha Suleiman     Eleyele     Kwara State Geographic Information Service     Sango-UITH Road     Sarakite     Ahmad Lawan     Police Commissioner     Omu-aran     Akeem Olatunji     Communication Network Support Services     Biliaminu Aliu     SSA Youth     Fatimat Saliu     John Olajide Adedipe     Allocation     National Democratic Congress     Suleiman Mora Omar     Ishaq Salman     Code Of Conduct Bureau     Segun Abifarin     Baakini     Ileloke     Joseph Offorjama     Mary Kemi Adeosun     Oke-Ode     Micheal Imodu-Ganmo Road     Idris Amosa Saidu     Reuben Paraje     Monkey Pox     Bolaji Abdullahi     Goodluck Jonathan     Tunde Oyawoye     Tsaragi-Share     Khairat Gwadabe     Iyabo Dupe Adekeye     Sanusi Abubakar     Bello John Olanrewaju     Lawal Jimoh     Mohammed Khadijat Kubura     Ibrahim Abiodun     Jaiz Bank     Okin Group     ANCOPPS     Tunde Akanbi     Umar Sanda Yusuf     Abdullahi Dasilva Yussuf     Vishvas KOZ Tractors