Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,967 members, 7,817,841 topics. Date: Saturday, 04 May 2024 at 08:56 PM

Governors Receive N30bn Each To Reduce Hardships – Akpabio - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Governors Receive N30bn Each To Reduce Hardships – Akpabio (21617 Views)

Governors Receive N30bn Each To Reduce Hardships – Akpabio / Tinubu Vows To Crash Petrol Price, Eliminate Hardships / Tinubu’s Presidency In 30 Days: Increased Hardships, Rising Hopes! (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Governors Receive N30bn Each To Reduce Hardships – Akpabio by Islie: 2:51pm On Feb 21
Mr Akpabio said protests over hardship in the country are being sponsored by persons whom he did not name.


The Senate President, Godswill Akpabio, said an “unverified report” indicated that state governors received N30 billion each from the Federation Account to ameliorate inflation and the high cost of food in their respective states.

Last September, the federal government said N2 billion was released to governors out of the N5 billion loan it offered to each state as a palliative to cushion the effect of the removal of fuel subsidy.

During the plenary on Tuesday, Mr Akpabio said information available to him indicates that apart from the first tranche of funds given to the governors, an additional N30 billion was also to them through the Federal Inland Revenue Service (FIRS).

I must say that unverified report has it that each of the state governments in the last few months has received additional N30 billion from Federal Inland Revenue Service outside their normal allocations from the Federation Account to assist them in ameliorating the food situation,” he said.

The senate president advised the governors to utilise the funds judiciously to reduce the high cost of food items and other challenges facing the country.

“We believed that every state government should utilise the funds received towards ensuring that food is available in the country.

“So, the state governments have a lot to do. They are closer to the people and I do not want to mention local government because most of the local governments are controlled by the state governors.

“My belief is that if the state government does what is needed, then the local government will be involved in sharing to make sure that these things get to the people. But we must not overlook the fact that Nigerians are not going to be interested in stories.

“Nigerians want to see action. Nigerians want to eat and we will provide food for them, there is no excuse. Despite what we met on ground” Mr Akpabio added.


Sponsored hardship protest

Mr Akpabio also referenced protests staged against the high cost of food items and the cost of living in different parts of the country.

On Tuesday, residents of Ibadan protested the high prices of food and other commodities.

Two weeks ago, residents of Minna, Niger State, trooped out in large numbers to protest the rising cost of living.

Last Monday, residents of Sokoto also protested the high cost of living in the country, calling on the government to find a lasting solution.

But, the senate president claimed that many of the protests were sponsored by some group of people against the federal government.

He said the protesters and their sponsors failed to recognise efforts made by the Senate and the federal government to fight inflation in the country.

“The situation is revolving daily. You can see a lot of protests here and there but those people are not aware. Most of those sponsored protests are not aware of the kind of efforts being made by this Senate to tackle the situation together with the joint management team of the Federation Government of Nigeria.

“There is no father that will want to see his child sleep in the night without food with the stomach grumbling, so we must provide. That is why I said we must not limit our discussion to – we will not import food, wherever we can find food to put on the table of Nigerians, we shall do so”.

Mr Akpabio explained that the worsening state of the economy was caused by COVID-19, insecurity and the N30 trillion Ways and Means advancement obtained by the Muhammadu Buhari administration from the Central Bank of Nigeria.

“It is an uncommon situation which has been execrated by many factors, from COVID-19 to insecurity to inflation, to even the ways and means of N30 trillion that put so much pressure on the Central Bank of Nigeria and left a very big gap in the financial situation such that if this government inherited this situation it tried to feel the gap. It means that people will not eat, salaries will not be paid, and nothing will be done until the gap is filled. We have taken it and we must move on,” he said.


UK, US also grappling with bad economy

In his contribution, the Deputy Senate President, Barau Jibrin, noted that the high cost of living and worsening economic situation are not peculiar to Nigeria.

Mr Jibrin said other developed countries like the United Kingdom and the United States of America are also grappling with bad economic situations.

“What is happening presently in Nigeria is not something that is happening in isolation. It is not only Nigeria that is facing this economic challenge. It is something that has an international dimension.

“The world economy is not in its best shape as we speak. As we speak, the United Kingdom’s economy is in recession. They are in recession as we speak. The price of goods and commodities in the whole world has risen everywhere, in the U.S. name it. So, it is not peculiar to Nigeria.

“The Russia-Ukraine war and the Middle East crisis have created a situation where prices of goods and commodities all over the world have gone up. So what is left for us here is to look at our own problems and try to summon these problems and that is exactly what we are doing. We should stop thinking that it is only Nigeria, No” he added.

The deputy senate president said the federal government is doing its best to resolve the worsening situation of the economy.

“Yes, we are facing challenges occasioned by what is happening internationally. We have to look at the problems and how we deal with the problems and this is exactly what we are doing.

“Of course, our security situation is not what we want it to be. We understand that the CinC (Commander-in-Chief) is doing his best in collaboration with service chiefs and other security agencies. They are doing their best.

“The government is doing its best, the president is doing his best. What we need to do is to have everybody coming together, a full collaboration of everyone” he said.

Mr Barau also called on state governors to support the federal government in resolving the challenges facing the country.

“The state governments should come on board. Let us not leave everything on the shoulders of the federal government alone. They should come on board. When we were talking about fuel subsidy, we removed it and the state governments are having more money now. They are getting a lot of money. So let them bring what they are getting to collaborate with the federal government to deal with this problem.

“But particularly, issues of commodities. Buy them and give out to the poor. The president has directed that food should be released from the statutory reserve of the federal government. Now we want the state government to also make the same pronouncement. Let them also come with their own money. Let the local government also come along.

“Here, we have seen what the senators are doing. A lot of grains are distributed to their constituencies so also members of the House of Representatives. I am distributing about two hundred thousand grains to two hundred households. Let us hear what the state government will do, let us hear what the local government will do, let us not leave all the problems on the shoulder of the federal government,” Mr Jibrin said.

https://www.premiumtimesng.com/news/670394-governors-receive-n30bn-each-to-reduce-hardships-akpabio.html

4 Likes 2 Shares

Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by immortalcrown(m): 2:51pm On Feb 21
The masses will smell the ₦30b during 2027 election campaign.

Akpabio's claim may even be false.

67 Likes 4 Shares

Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by madridguy(m): 2:52pm On Feb 21
lipsrsealed
Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by Massiveglory: 2:53pm On Feb 21
Builder of lagos do this one.
The shege is unparalled.
The shege turn buhari to super president.


As for the monies, they are probably saving the money to press the mumu button of their people who survive from around september 2026- election period of 2027.

38 Likes 4 Shares

Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by ambale(m): 2:56pm On Feb 21
The funny part of this all are the government supporters that have failed to see that their man don lose control

He needs serious help if he would be able to even stabilize the economy

11 Likes

Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by Isokiscool(m): 2:56pm On Feb 21
Liar,which governor??

3 Likes 2 Shares

Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by SoNature(m): 3:04pm On Feb 21
These Abuja politicians are looking for means to shift the blame to the governors.

However, Nigerians need to understand that if you used to earn 30k every month and inflation increases to this astronomical level, and your salary is increased to 60k.

It will be as though you are still receiving the same 30k when things were normal, meaning that earning 60k will change nothing.

36 Likes 2 Shares

Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by commoditiesnig: 3:19pm On Feb 21
State Governors need to be held accountable as well

24 Likes 1 Share

Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by ZombiePUNISHER: 3:24pm On Feb 21
undecided

I said it that a character like Tinubu removing fuel subsidy is doom ..

To him it's all about having more money to share around..
nothing to show for removing the subsidy

4 Likes

Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by SoNature(m): 3:24pm On Feb 21
cheesy
Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by ZombiePUNISHER: 3:24pm On Feb 21
commoditiesnig:
State Governors need to be held accountable as well

undecided

These monies being shared by Tinubu to his fellow thieves can solve the Nigerian power problem..

Don't you think so

5 Likes

Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by GboyegaD(m): 3:24pm On Feb 21
The mental capacity of our leaders speaks volume.

In a country where almost everything consumed is imported and naira had fallen by over 300% in less than a year without appropriate increase in salaries, shouldn't be understand that is a major cause of hardship? Why insult the people by saying the protest is sponsored?

21 Likes 1 Share

Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by GanagiBitrus: 3:24pm On Feb 21
Anything sharing of money as palliative for hardship is never a good idea.

9 Likes 1 Share

Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by bewla(m): 3:24pm On Feb 21
Figured
Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by IceLip: 3:24pm On Feb 21
..las las na still d politician dea go vasa

1 Like 2 Shares

Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by Olachase(m): 3:24pm On Feb 21
this people are not serious yet

money meant to cure hardship you gave it to the Governors you think those ones send anybody undecided undecided

6 Likes

Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by Jig5aw(f): 3:24pm On Feb 21
They should keep printing Naira notes. As if that will save the country.

3 Likes

Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by anonymous1759(m): 3:24pm On Feb 21
grin
Immunities should be removed from governors, all the incompetent governors hide under presidency to cover their fraud . Some people will exonerate their governors just to spite presidency because their pandora failed

5 Likes

Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by sofeo(m): 3:24pm On Feb 21
It's well.
Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by bewla(m): 3:25pm On Feb 21
immortalcrown:
The masses will smell the ₦30b during 2027 election campaign.
only figure

3 Likes 1 Share

Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by Mandela27: 3:25pm On Feb 21
Which means if they share 500k to each families in Rivers state it will go round

1 Like

Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by MANNABBQGRILLS: 3:25pm On Feb 21
The major problems are massive depreciation of naira, rising cost of production and what looks like galloping inflation.
We support most of the measures taken but not the modus operandi.
The provision of palliatives by FG through states was good but the states did not implement the palliatives simultaneously.
Some have not even been implemented till now.
So, the conditions have worsened for many citizens.
There’s a need to check what happens with palliative implementation in troubled states.


More solutions...
Improvement in farming, agriculture and industrial production will solve the problems with financial and fiscal interventions and reduction in security problems.
Then we start working on production with largely domestic inputs.
For exchange rate, there is a need to ban importation of some products relating to food and clothing, go for a moratorium on some debts, and increase oil and gas exports with proceeds to solve debt repayment and servicing with excess as reserves for intervention in the FX market.

Nigeria 🇳🇬 will be great in our lifetime.

We Rise ✔️

3 Likes 2 Shares

Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by Hndrrxxx(m): 3:25pm On Feb 21
Cv
Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by Patojargz: 3:25pm On Feb 21
ZombiePUNISHER:
undecided

This pipo dey carry us play... While we get NIN and BVN? Ona no fit use am dey credit us

6 Likes

Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by oz4real83(m): 3:26pm On Feb 21
The wastage continues embarassed

1 Like

Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by Forkthiefnubu: 3:26pm On Feb 21
This is what happens when peasants and sons of farmers/ peasants are thrust into power , they are estatatic and arrogant and petty with no real substance

2 Likes

Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by anytexy: 3:27pm On Feb 21
Failed nation.

1 Like

Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by Honestey: 3:27pm On Feb 21
a
Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by spiSeyi: 3:28pm On Feb 21
How I wish Nigerians can hold their governors accountable but politics of bitterness won't let this happen undecided. 98% of Nigerian governors are lazy & clueless, only if PBAT can stop FAAC and allow each states to manage it resources and cater for itself and watch how some states collapse in a few months.

2 Likes

Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by Macphenson: 3:28pm On Feb 21
So Tinubu removed subsidy and handed the money to all these looters in chief in the name of state governors and expected them to use it for the good of the people.

I said it sometime here that part of the reason why we are having dollar scarcity is because the politicians are looting with reckless abandon and using their loot to purchase the dollars in circulation, stashing it in the vaults in their houses or saving in their foreign bank accounts.

6 Likes

Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by BarrElChapo(m): 3:29pm On Feb 21
🤔
Re: Governors Receive N30bn Each To Reduce Hardships – Akpabio by TriCee: 3:29pm On Feb 21
Lol, Governors given money to reduce hardship? In this country?

Well, they will quickly deny this one.
Monetary palliatives never solved hunger issues.
Check the policies and reverse the ones that requires reversing.

3 Likes

(1) (2) (3) (Reply)

What Is Wrong With The Nigerian Youth? / Presidency Warns Against Another Civil War / Wike Departs Port Harcourt For Abuja, In Preparation For PDP Convention - Pics

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 40
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.