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Tuesday, August 16, 2011

Ekiti moves to recover trapped N2bn ETF Fund

Ekiti State Governor Kayode Fayemi has promised to recover the N2bn state allocations trapped in Education Trust Fund.
The governor said in Ado Ekiti on Sunday that he had decided to meet the heads of some federal ministries, departments and agencies to attract federal presence to the state.
Fayemi said his administration had decided to push for the release of the money to improve on the state university (formerly University of Ado Ekiti).
He said the state had also made arrangements on how the funds allocated to the University of Science and Technology, Ifaki Ekiti and University of Education, Ikere Ekiti, which had been merged with the Ekiti State University would be used to develop the expanded EKSU.
He promised to merge the junior and senior secondary schools in the state for effective and robust management.
The governor assured the teachers that none of them would loose their jobs to the proposed restructuring of the sector.
He also said work would soon begin on the dilapidated 348 kilometres federal roads in the state to ease traffic flow and reduce carnage on them.
Fayemi, who said he had met with the Federal Ministry of Works, promised that roads in the state would soon be rehabilitated.
The governor added that the money expended by the state on the dualisation of Ado-Ifaki roads would be funded by the Federal Government.
Fayemi said he had presented an investment plan on crops like cocoa, cassava, rice and Oil plantation, where the state is deemed to be having comparative advantages to the Governor of the Central Bank of Nigeria, Mallam Sanusi Lamido, for large scale agricultural farming in the state.
The governor stressed that he had also made overtures to the Minister of Trade and Investment, Dr Olusegun Aganga, on how to include the state in the enterprise development zone with potential in non-oil sector that could turn around the fortunes of the country if optimally harnessed.
By Femi Makinde                       Courtesy Of: Punch

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