Oil & Energy

Governor Pledges Effective Utilisation Of Excess Crude Oil Funds

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Governor Abdulfatah Ahmed of Kwara last Thursday promised to effectively use the excess crude oil funds to develop the infrastructure in the state.

Represented by his Deputy, Mr Peter Kishira, the governor made the promise at the flag-off of the 2012 Excess Crude Oil Funds projects held at Share.

He said that the funds would be channeled to priority areas of need “for the sustenance of our people and communities”.

According to the governor, the funds would also be utilised to reposition all the local government areas and to develop water project, power generation, schools, health, road networks, youth empowerment, agriculture, scholarship and traditional institution.

“We will achieve this in line with the context of renewed policy thrust in local government administration, while the statutory allocations to the local government would be regular.

“I have directed that the periodic inflow of the special funds be re-defined to sufficiently and effectively meet the yearning and aspirations of Kwarans,” the governor said.

Earlier, the state’s Commissioner for Local Government, Chieftaincy Affairs and Community Development, Alhaji Adamu Bawa, said that the benefit of the excess crude oil would be spread across the 16 local government areas in the state.

He promised that due process would be followed to ensure perfect execution of the projects, adding that unnecessary duplication or multiplication of projects would not be tolerated.

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