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Why Governor's Take 65% Of Federal Account Allocation - Tinubu - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsWhy Governor's Take 65% Of Federal Account Allocation - Tinubu (7970 Views)

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Why Governor's Take 65% Of Federal Account Allocation - Tinubu by coputa(op): 11:22am On Jan 02, 2025
President Bola Tinubu, on Wednesday emphasised the critical role of state governors in driving Nigeria’s development and prosperity, saying that this accounts for why 65% of federation accounts go to states.

Speaking during a new year homage by Nigeria Governors Forum (NGF) at his Ikoyi residence, the President described thire leadership at the subnational level as “central to achieving food security, economic prosperity and rapid national growth”.

This is just as the President expressed his gratitude to the Governors for their support and collaboration while highlighting key areas requiring joint effort for the nation’s progress.

“You are the most important link to Nigeria’s prosperity and development. The Federal Government accounts for about 30 to 35 per cent of the allocated revenue; the rest comes to you. The agricultural value chain depends on you. You own the land, and the job is in your hands,” he said.

The President also called for a stronger collaboration between the federal and state governments to address pressing challenges, including local government autonomy, agricultural productivity, and currency stability.


Expressing his commitment to local government development and autonomy, the President stressed its importance for grassroots development and dispelled rumours of disagreement with the governors.

“We will not fight within us. I will drive the change. You control your local governments. You can restore hope by effectively fulfilling what the people expect at the grassroots level.


“There were gossips that we had disagreements on local government autonomy. No. Just drive development at the local government. Nobody wants to take them away from you, but we need collaboration. Let’s do it together and ensure Nigeria is better off for it.”

President Tinubu urged governors to prioritise agricultural growth as a pathway to economic stability.

“We have to work harder, grow more, and ensure the situation of our currency improves. Nigeria will see prosperity, but it requires consistent effort from all of us,” he said.

He also urged the governors to take pride in their efforts and acknowledged their progress across the states.


“There is no state we cannot visit and be proud of its development. We have better allocations now. Let me take the abuse; you take the privileges. Together, we will build a nation we are all proud of,” he said.

Reflecting on his leadership journey in the last 19 months, the President expressed confidence in Nigeria’s capacity to thrive given the resilience and leadership demonstrated by the administration.

“I am glad I asked for this job, and Nigerians gave me the mandate. We’ll be on this voyage together. I thank all of you for where we are today and where we are heading,” he said.

The President announced that he will be visiting Enugu State on January 4 as part of his planned visits to some states of the federation.

“The policies are working. In agriculture, I was in Jigawa. The complaint in Jigawa was that there was a bumper harvest, but because of the strength of our currency, traders exported the harvest,” Abdulrahman Abdulrazak, chairman of the Nigeria Governors Forum and Governor of Kwara State said during the visit.

So, most of us are encouraging ourselves to buy bumper stocks into our silos, store them for the rainy day. So, in terms of agriculture, the policy is working. We’ll continue to deepen that and ensure we are 100% sustained in food security and feed the whole of West Africa,” he said.

The governor urged the President to visit various states to see the ongoing transformations and progress firsthand.

He assured the President of the steadfast support of the governors, particularly in contributing to local security architecture to further enhance the nation’s security.

“I must confess that I have not done two years in this administration, but I’ve done more projects in two years than in the four years of my first term”, Governor Abdulrazaq said.

“We are getting more funding due to the restructuring of the economy. Yes, there is inflation, but we are overriding it,” the governor said.
https://businessday.ng/news/article/why-governors-take-65-of-federal-account-allocations-tinubu/

Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by PresidObi: 11:24am On Jan 02, 2025
When he's the one wrecking the economy and making the governors to fail? grin

65% allocation minus 45% inflation minus 25% tax,

MINUS ZERO allocation grin
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by SadiqBabaSani: 12:13pm On Jan 02, 2025
TINUBU posterity will Judge you for inflicting pains on Nigerians
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by omowolewa: 12:16pm On Jan 02, 2025
Playmaker
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by helinues: 12:23pm On Jan 02, 2025
Toh
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by Good2go1: 12:26pm On Jan 02, 2025
This man and propaganda and lies are 5 and 6 . Governors only gets 35% ,FG 37% , LGs 22%, 5% goes to HCD and 1% to FCT
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by dele1727: 6:23am On Jan 03, 2025
grin
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by Sirseedorf(m): 6:23am On Jan 03, 2025
Nigerian are too dumb to always blame the president whereas the governors are closer to us, and their allocation are unaccountable because everybody has turned a blind eye towards their mismanagement and indecisive in office....
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by yemmit90: 6:24am On Jan 03, 2025
Allocation giving to the states are waste, give this directly to the local governments and see tremendous developments within a year.

States are a waste of resources, it should be completely scrapped.
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by Inspirer1:
"We have better allocations now"....but who are the ones bearing the brunt of the better allocations?

The question is that are Nigerians seeing any significant positive difference between now that the governors/government have better allocations than in the past, before this government came to power, that they weren't having better allocations??
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by crownfierce: 6:27am On Jan 03, 2025
God bless pBAT. So presidential. Let every body go to work
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by Zico5(m): 6:27am On Jan 03, 2025
Ok
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by Wisdomites: 6:30am On Jan 03, 2025
PresidObi:
When he's the one wrecking the economy and making the governors to fail? grin

65% allocation minus 45% inflation minus 25% tax,

MINUS ZERO allocation grin
Peter obingo will never be president

Biaufraud rat
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by strangest(m): 6:30am On Jan 03, 2025
Ok
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by nairalee(m): 6:31am On Jan 03, 2025
I have a solution to Nigerian problem

Federal government send money to local governments directly (LG autonomy)

The exact amount sent to each local government is publicised

Each local government will have a website where they have a list of their most pressing needs with the cost of each project (e.g setting up of hospital along xyz village 35m, constructing abc road 1.5bn etc)


Indigenes visit the site and vote for the projects to be executed for that period.

Highest voted projects get immediate attention. Once completed, it's removed from the list and others added.

That way, the Indigenes are seeing exactly how much is entering and exactly what is spent for what project. This will result in transparency.

Just my idea though
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by Bobloco: 6:32am On Jan 03, 2025
SadiqBabaSani:
TINUBU posterity will Judge you for inflicting pains on Nigerians
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by patrickcollins: 6:39am On Jan 03, 2025
PresidObi:
When he's the one wrecking the economy and making the governors to fail? grin

65% allocation minus 45% inflation minus 25% tax,

MINUS ZERO allocation grin
An incompetent, clueless leader who likes to brag for his zero achievement and throwing up hardship
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by AntiChristian:
grin
Tinubu, May Allah, Chineke Okike Abiama, the creator of all that exists bless and and always guide you!

May all those who curse you be cursed ten folds!

May same be for all governors and appointees across Nigeria!
Expose and dispose whoever wants to steal public funds!
May Nigeria progress!
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by atobs4real(m): 6:45am On Jan 03, 2025
What is this one saying?
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by Love800(m): 6:54am On Jan 03, 2025
Tinubu is the main culprit. Your governors are the second culprit.

Governors play a larger role in how the citizens live their life. If your state has a kind and intelligent governor, you will not be experiencing this economy suffering!
PresidObi:
When he's the one wrecking the economy and making the governors to fail? grin

65% allocation minus 45% inflation minus 25% tax,

MINUS ZERO allocation grin
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by Love800(m): 6:56am On Jan 03, 2025
You are saying that they should be nothing like governors. Am i correct?
yemmit90:
Allocation giving to the states are waste, give this directly to the local governments and see tremendous developments within a year.

States are a waste of resources, it should be completely scrapped.
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by Love800(m): 6:59am On Jan 03, 2025
You very spot on!

Governors are the ones making the sufferings to be much. Yes tinubu made bad policies. But if governors are kind and productive(working), we won't feel this height of suffering.
Sirseedorf:
Nigerian are too dumb to always blame the president whereas the governors are closer to us, and their allocation are unaccountable because everybody has turned a blind eye towards their mismanagement and indecisive in office....
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by pek(m): 7:00am On Jan 03, 2025
ThisDay, you can do better. This write up is full of mistakes.
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by Love800(m): 7:02am On Jan 03, 2025
But what is the difference between governors and local government chairman. Are they not almost the same thing!
nairalee:
I have a solution to Nigerian problem

Federal government send money to local governments directly (LG autonomy)

The exact amount sent to each local government is publicised

Each local government will have a website where they have a list of their most pressing needs with the cost of each project (e.g setting up of hospital along xyz village 35m, constructing abc road 1.5bn etc)


Indigenes visit the site and vote for the projects to be executed for that period.

Highest voted projects get immediate attention. Once completed, it's removed from the list and others added.

That way, the Indigenes are seeing exactly how much is entering and exactly what is spent for what project. This will result in transparency.

Just my idea though
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by jazzman7711: 7:08am On Jan 03, 2025
PresidObi:
When he's the one wrecking the economy and making the governors to fail? grin

65% allocation minus 45% inflation minus 25% tax,

MINUS ZERO allocation grin
THIEF.

MINUS ZERO, YET YOUR IGBO GOVERNORS ARE BUYING UP PROPERTIES IN TEXAS AND ATLANTA.

EWU. FAT HEAD NO BRAIN.
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by yemmit90: 7:08am On Jan 03, 2025
Love800:
You are saying that they should be nothing like governors. Am i correct?
Absolutely yes, local governments should be directly under regional government or Federal government.

End state now before they before they send the country back to 19th century.
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by pharmagba:
Deep and wise word from a great leader

'Let me take the abuse; you take the privileges"

If the governors are wise they will use this opportunity. Governor like Niger state has used this to attract investment but Governor of Bauchi, Kano and Rivers are not concerned but playing petty politics instead of enduring legacy for their people and state.
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by jazzman7711: 7:12am On Jan 03, 2025
yemmit90:
Absolutely yes, local governments should be directly under regional government or Federal government.

End state now before they before they send the country back to 19th century.
Sorry, that's NONSENSE.

The creation of 36 states has brought development to all sections of the country.

We have 36 BOOMING capital cities that would not be where they are today if you had no states.

Such development attracts investment, tourism, and grows the economy.

States have more capital and capacity than LGAs to envision and execute large scale projects that impact the entire state, eg power plants, water systems, road connectivity & maintenance, etc etc.
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by coputa(op): 7:12am On Jan 03, 2025
pek:
ThisDay, you can do better. This write up is full of mistakes.
please can you state them
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by Looking4Trouble: 7:17am On Jan 03, 2025
Okay nah. Yet the citizens ignore the governors and focus on the President. Maybe we should cancel the state governments and make the federation to consist of Federal and Local Governments only as dine in Parliamentary systems
Re: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by Looking4Trouble: 7:20am On Jan 03, 2025
PresidObi:
When he's the one wrecking the economy and making the governors to fail? grin

65% allocation minus 45% inflation minus 25% tax,

MINUS ZERO allocation grin
This one is being killed by hatred and bitterness
1 2 Reply

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