Nigeria governors have expressed worry over the high exchange rate of Naira to other foreign currencies.

They have therefore said this and other issues would be discussed with President Muhammadu Buhari in Abuja on Thursday.

This was one of the resolutions arrived at by the governors after their meeting in Abuja on Wednesday night.

The meeting, which ended in the early hours of Thursday, was attended by majority of the governors.

Chairman of the Nigeria Governors Forum, who is also the Governor of Zamafara State, Alhaji Abdullaziz Yari, read the communique of the meeting to journalists.

It was gathered that Naira is being exchanged for about 243 to a dollar at parallel market.

Yari said, “We are going to discuss with Mr. President to seek lasting solutions to the worsening macroeconomic challenges confronting the nation, especially on foreign exchange stability.

“The forum pledges to work with Mr. President to ensure coherent policy actions that will create a clear policy direction for the country and stimulate domestic production.”He also said the forum discussed health issues and that the governors pledged to cooperate with the Federal Government to ensure that the National Health Act is operational.”

According to him, “Sequel to presentation made by the Country Representative of the Bill and Melinda Gates Foundation, the forum agreed to aggressively support the total eradication of polio in the country.”

The NGF chairman denied the insinuations in some quarters that the money given to the states was meant to bail them out of their financial crisis.

Rather, he said what was shared was money from the Nigeria Liquefied Natural Gas Company Limited and Federation Accounts Allocation Committee, which, he said, were legitimate earnings for the three tiers of the government.

The governor said, “It is also to inform our brothers in the media that yet the federal government has not given any bailout to any of the states.

“What had been shared last time was monies from NLNG and FAAC and as we have been saying, we have not been looking for bailout, instead, we have been looking for all monies that are in the coffers of the federation account, most especially we are talking about some of the monies that are hung around the coffers of government to be brought together for the purpose of sharing.”

http://www.punchng.com/news/governors-express-worry-over-high-naira-exchange-rate/

Mtchww!
Like they are not the major cause of it. They are always in a rush to seek for bail out but slow to assist the Federal govt to work out things. I have never for once seen their creativity in helping Nigeria. They are just there.

They don't want change again?
Collect your change jare.

still congregating to share

Lazy turds

frodobee:
They don't want change again?

Collect your change jare.

Na now una start to worry?

Hmm!!

When una dey import and spend dollars like mumu, shebi una no know ba!!

Tscheewz! Una never dey worry yet!!

Shut up and work!

Correct point.

Dannyset:
Mtchww!
Like they are not the major cause of it. They are always in a rush to seek for bail out but slow to assist the Federal govt to work out things. I have never for once seen their creativity in helping Nigeria. They are just there.

eeyah

.

which of the governors??

those diverting worker's salary to their personal account, abi those paparazzing with the president in washington ??

Lazy leaders, most of these foolish state executives actually govern their states from Abuja. Until we have true federalism or divide the contraption called Nigeria for each zone to fend for themselves, there will never be progress.

See them...better get to work and generate revenue in your states.

The governors share in the blame; with their profligate lifestyle and unbridled appetite for loans. That's how they put undue pressure on hapless Jonathan to share everything and thus rendered their states insolvent thereby requiring the devaluation of the Naira.

Who

kilmix:
Shut up and work!

They shld also worry abt their wrkers nt bn paidd

Is only the ones that affect these governors that they go after. selfish people

wow

Standard Chartered Bank (SCB) just charge me N209.68/$ just now for the transaction I made using my Visa Card online.


Why? that is additional 6.5% on top CBN rate of N197/$

I was waiting before, hoping "Baba Go Slow" meant business, I now see that the grandpa is "Super Clueless", I rather pay my bill before the rate turns to N500/$ as speculated by Dangote.


I still need further clarification from SCB anyway.

This is a serious issue. To solve the problem, we need to seriously cut down on importation, which will make pple go with Nigerian made stuff...This will help revitalize our industrial sector. This will definitely be a win win for Nigeria and Nigerians.


Anyway, for the men that have problem lasting long in bed, hit me up on bbm- 56163832

What of Baba's promise




www.nairaland.com/attachments/2403078_buharinairatodollarpromise_jpeg536f4a3346e6a689940c6ceb025c51a7

Are they not the ones causing the problem in the first place



Click my signature and see things

. Seriously We don't even know whah to believe again? Ehen

ok

The way dis man was talking, I wonder if he means any good to this country.

U wanna share everything in d coffers of d federal government and yet u re borrowing billions daily.
This is no more a country manh! Dis entity is empty.

And people died to set dis fouls in?

Biafra I want biko

Nigeria governors have expressed worry over the high exchange rate of Naira to other foreign currencies. They have therefore said this and other issues would be discussed with President Muhammadu Buhari in Abuja on Thursday. This was one of the resolutions arrived at by the governors after their meeting in Abuja on Wednesday night. The meeting, which ended in the early hours of Thursday, was attended by majority of the governors. Chairman of the Nigeria Governors Forum, who is also the Governor of Zamafara State, Alhaji Abdullaziz Yari, read the communique of the meeting to journalists. It was gathered that Naira is being exchanged for about 243 to a dollar at parallel market. Yari said, “We are going to discuss with Mr. President to seek lasting solutions to the worsening macroeconomic challenges confronting the nation, especially on foreign exchange stability. “The forum pledges to work with Mr. President to ensure coherent policy actions that will create a clear policy direction for the country and stimulate domestic production.”He also said the forum discussed health issues and that the governors pledged to cooperate with the Federal Government to ensure that the National Health Act is operational.” According to him, “Sequel to presentation made by the Country Representative of the Bill and Melinda Gates Foundation, the forum agreed to aggressively support the total eradication of polio in the country.” The NGF chairman denied the insinuations in some quarters that the money given to the states was meant to bail them out of their financial crisis. Rather, he said what was shared was money from the Nigeria Liquefied Natural Gas Company Limited and Federation Accounts Allocation Committee, which, he said, were legitimate earnings for the three tiers of the government. The governor said, “It is also to inform our brothers in the media that yet the federal government has not given any bailout to any of the states. “What had been shared last time was monies from NLNG and FAAC and as we have been saying, we have not been looking for bailout, instead, we have been looking for all monies that are in the coffers of the federation account, most especially we are talking about some of the monies that are hung around the coffers of government to be brought together for the purpose of sharing.”..



so Governors dey worry

Elections are over, it's now time to shed Crocodile tears

Yeye people