23 June, 2015

FG ASK GOVERNORS TO LOOK INWARD FOR REVENUE TO SETTLE DEBTS


At the climax of the meeting on Tuesday, the Governors were solely able to reach associate degree agreement that the Federal government is to pay debts it owed the states over jobs they did.
Zamfara State Governor and chairman of the Governors Forum, Abdullaziz Yari, briefed reporters at the end of the meeting, aforesaid that rather than a bailout, the state governments were told to seek inward and generate required funds to clear their debts.
The State Governors conjointly requested that the Nigerian Liquefied Gas Company’s tax ought to be paid into the Federation Account and be shared.
They conjointly asked the central to make sure that monies accruing from the Federation Account ought to be shared, as stipulated by the constitution.
It is the meeting the president has had with the Governors to seek out an answer to the monetary crisis that has created no fewer than twenty two of the states owes salaries to their employees to the tune of one hundred billion naira (about $5,000,000).
The Nigerian Governors, whose heap has continually been to come back to Abuja to share within the Federation Account, through their chairman aforesaid they were happy to fulfill with the President however that it had been on the far side a bailout as reportable.
After a gathering of the All Progressives Congress Governors Forum last week, the chairman of the forum, Governor Rochas Okorocha, immersed a bailout for states that are unable to pay workers’ salaries.
He aforesaid that this state of affairs was a product of poor management of the economy.
‘’On the economy of the state, we have a tendency to be involved and troubled by the dwindling revenue of the states that nowadays has affected negatively, the lives of our folks.
“The matter has become thus serious that imperative action should be taken for a bailout for the states, as things don't seem to be convalescing either.
“We have Sat all the way down to review steps that ought to be taken and that we align for total overhaul of the system to dam all the leakages in our nation’s economy,” Governor Okorcha aforesaid.
Other problems within the precedence embody a way to curb insurgence in Bornu, Yobe and Adamawa states and what the president is doing unitedly with the international community.

The Governors conjointly expressed considerations over the choice to dismantle military check points, stressing that it had been not the proper time for such call.