Why Kwara is financially healthy

Date: 2012-06-21

Kwara State government said it has managed challenges of being one of the states with the least monthly federal allocation, to emerge one of the most financially healthy states in the country.

Commissioner for Information and Communication, Tunji Moronfoye, who stated this in an interview with newsmen in Ilorin, said the state's rating as among the 10 most financially healthy states in the country, was due to the prudent management and judicious use of its limited resources.

He said since the amount the state receives monthly from the Federation Account is not enough to develop the state, the government rather than rely totally on the monthly allocation, has been exploring other opportunities and making prudent management its watchword, to make the state economically viable.

The commissioner said that recent absorption of about 1,000 people into its workforce would not affect payment of salaries of both existing workers and the newly employed ones

The government, last May, during the celebration of its one year in office, absorbed into the civil service 1,000 of the 2,000 youths it engaged under its Kwara Bridge Empowerment Scheme (KWABES), where the people were being paid some stipends monthly.

The government made this absorption despite that the Federal Government is yet to yield to demand of the state government that amount accruing to states from the Federation Account should be jacked up, to enable them fully implement the new minimum wage

But Moronfoye said the government is fully prepared to meet the challenges of paying the salaries

He said the government has been making efforts to increase its internally generated revenue (IGR), attract foreign investors to partner with it in businesses, and promote self-employment.

He said these are the avenue by which the government would, through profit and taxation, earn enough money to pay salary of the workers and ensure development.

The commissioner said the government is making judicious use of available resources to make them produce great beneficial effect on economic development of the state

He said that the Memoranda of Understanding (MoU) the state government is signing with investment partners, including Federal Government and foreign investors, would lead to execution of projects they are meant for.

He said that signing of the MoU is the first step in such partnership sponsored projects as the one government is engaging and that the signings are not being done without plans to implement the projects.

Moronfoye said that proper signing of the MoU would not only guarantee proper implementation, but also ensure that projects are not arbitrarily discontinued in the future.

Source

 

Cloud Tag: What's trending

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

Ayinde Oyepitan     Kayode Zubair     Tunji Ajanaku     Bamidele Adegoke Oladimeji     Issa Baba     CACOVID     Olabimpe Olani     Olam Food Ingredients     Ilorin East/South Federal Constituency     Jimoh Bashir     Kulende-UITH     Afolasade Opeyemi Kemi     Madawaki     Valsolar     Yusuf Amuda Aluko     Col. Adedipe     Saka Keji     Adamu Attah     Aisha Ahman-Pategi     Laboratory-to-Product     KSIRS     Mopelola Abdulmaliq-Bashir     Dan Iya Of Ilorin     Mohammed Halidu     Gobir Organization Foundation     Yahaya Dumoye     Hikmah AbdulKareem     Toun Okewale-Sonaiya     Is\'haq Modibbo Kawu     Oke-Ode     Kwara Polytechnic     Ayotunde Emmanuel Alao     Abdulraheem Olesin     Ayodele Kuburat Olaosebikan     Olatunde Jare     Oba Mogaji Abdulkadir     Mahe Abdulkadir     Baba Issa     Elesie Of Esie     GRA     Igbomina     Sheriff Olanrewaju     IQRA College     Ejidongari     Lukman Oyebanji Fagbemi     Seni Saraki     Florence Saraki     Balogin Alanamu     Omotoso     Oladimeji Thompson     Kuliyan Geri     Okin Biscuit     Yaru     Funke Adedoyin     Risikat Lawal     Facemasks     Lanre Issa Onilu     Yekini Adio     Labaeka     Idofin     Otuka     Salary     Pakata Patriots     Bello Oyedepo     Hassan Abdulazeez Elewu     George Innih     Moses Adekanye     Farouk Salim     Salihu Yahaya     Ayobami Akanbi     ARMTI     Kola Olota     Jide Ashonibare     Justina Oha     Tosho Yaqub     Academic Staff Union Of Universities     Sardauna Of Ilorin    

Cloud Tag: What's trending

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

TESCOM     Kwara State Geographic Information Service     Sulyman Age AbdulKareem     Ajibola Saliu Ajia     Elerin Of Adanla     Mohammed Ghali Alaaya     Dar-Al-Handasah Consultants     Umar Gunu     Zaratu Umar     SGBN     Arca Santa     Nigeria Customs Service     Bahago     Mustapha AbdulGaniyu     Titus Suberu-Ajibola     IDPU     Shuaibu Yaman     Kemi Adeosun     Col. Adedipe     Muritala Awodun     Fola Consultant     Balogun Fulani     Abikan     Dan Iya Of Ilorin     Kehinde Baale     Junior Secondary School Certificate Examinations     Aishatu Ahmed Gobir     Usman Yunusa     Yusuf Zulu-Gambari     Raji AbdulRasaq     Bashir Adigun     Aisha Ahman Pategi     Young Progressives Party     Sulaiman Gado     CCT     Sobi FM     Al-Hikmah University     Kwara 2023     Afeyin-Olukuta     Aro Yahaya     Tanke Road     Dan Masanin     Kale Belgore     Saadu Yusuf     Abubakar Abdullahi Bata     Unilorin     Ibrahim Labaika     Henry Olaosebikan     Afolasade Opeyemi Kemi     Kwara Central     Kayode Yusuf     Www.Kwarareports.com     Kwara State Council Of Chiefs     Abdulsalam Firdaous Amosa     Firdaos Amasa     KWASSIP     ANCOPPS     Adam Abdullahi Al-Ilory     Isiaq Khadeejah     Economic And Financial Crimes Commission     Pakata Patriots     Kpotum Mohammed Baba     Adaramaja     Valsolar Consortium     Abdulwasiu Bolaji Adeyi     Idiagbon     Olokoba Abdullahi Ayinla     Valsolar-Kwara Company Limited     Sherif Sagaya     UNIFEMGA     Saad Omo\'ya     Oladipo Akanmu Tolani     Olugbense     Emmanuel Olatunji Adesoye     Toyin Olayinka Tejidini     Abdulrasheed Na\'Allah     Demola Banu