News

Govs laud Buhari for addressing states’ economic challenges

The Chairman, Nigeria Governors’ Forum, Dr. Kayode Fayemi, has lauded President Muhammadu Buhari for addressing economic challenges facing State Governments through the provision of financial assistance.

Fayemi gave the commendation when he addressed State House correspondents at the end of a closed-door meeting with the president at the Presidential Villa, Abuja, on Tuesday.

He also saluted the president for his efforts towards ensuring peace and stability across all troubled states in the country.

He said: “Well, it’s customary, I mean, as chairman of the Nigerian Governors to always exchange notes with Mr. President from time to time, especially in the yuletide season like this, I always find time to come and say hello to Mr. President.

“But yes, there will always be issues to discuss between the sub nationals, and the President of the Federal Republic, to commend him for his efforts in trying to stem the tide of insecurity in our country, and to also deal with the economic challenges that we are confronted with.

“On our part as Governors, we have had cause during the year to raise issues, about insecurity in various domains, we have our cause to raise issues about economic challenges that the country is experiencing, and we have had cause to raise other governance related issues.

“And the President has responded to many of those issues, he has stepped in the bridge, he has assisted us as states.

“Even most recently, he had supported with bridge finance, to address some of the economic difficulties that states are experiencing.

“And it’s always appropriate to express our gratitude, even if we, as we continue to raise concerns about aspects of our governance that we still want him to do more.”

On how best the governors will ensure effective utilization of the funds being provided by the federal government, the governor said: “Well, governors are elected to lead the affairs of their states, and protect their citizens in the best manner possible.

“You would recall that the bridge finance that we negotiated with the federal government was precisely to bridge the gap that was created by the repayment of the previous facilities, around bailouts, around budget support, and on excess crude support, which Mr. President approved in 2017.

“The repayment of those loans had commenced because the Central bank of Nigeria (CBN) wanted the money back.

“And because that would have left us with a very deep hole in virtually all the states, we then negotiated for this to address specific things in relation to workers’ welfare, in relation to infrastructure development, in relation to improving on the enabling environment for investments in our states, and these are the things that states are spending it on.

“They are very specific, the measurable and each state had outlined what this support would cover.”

Editor

Recent Posts

N10m extortion: IGP vows punishment for corrupt police officers

The Inspector-General of Police (IGP), Kayode Egbetokun, has condemned alleged extortions by some police officers…

4 hours ago

Kaduna govt earmarks N93bn to boost water supply

The Kaduna State Government has announced plans to spend N93 billion over four years for…

8 hours ago

Trump picks campaign manager as White House chief of staff

United States President-elect Donald Trump, on Thursday, November 7, 2024, announced that one of his…

8 hours ago

EPL fixtures: Chelsea host Arsenal as Liverpool face Aston Villa

Chelsea will aim to deepen Arsenal's misery in their Premier League clash at Stamford Bridge…

8 hours ago

NAICOM gives insurers December 31 deadline to clear outstanding claims

The National Insurance Commission (NAICOM) has given insurance companies a December 31, 2024, deadline to…

11 hours ago

Makinde: Nigerians looking up to PDP, we’ll fix party to fix Nigeria

Oyo State Governor Seyi Makinde says the opposition Peoples Democratic Party (PDP) will do everything…

11 hours ago

This website uses cookies.