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Nairaland Forum / Nairaland / General / Politics / Governors To Demand Dollars From States’ Share Of Federation Account (10188 Views)
Subsidy: FG May Deduct ₦2.4 Trillion Palliative From Federation Account / Gloomy Outlook For States As Federation Account Falls / Ekiti State Releases Allocation From Federation Account For July 2018 (2) (3) (4)
Governors To Demand Dollars From States’ Share Of Federation Account by Islie: 9:06am On Oct 14, 2019 |
Fayemi restates opposition to NFIU’s directive to banks on joint accounts Francis Ndubuisi in Abuja and Ojo Maduekwe in Lagos https://www.thisdaylive.com/index.php/2019/10/14/governors-to-demand-states-share-of-federation-account-in-dollars/
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Re: Governors To Demand Dollars From States’ Share Of Federation Account by JosEast(m): 9:08am On Oct 14, 2019 |
What is wrong with using naira? 6 Likes 1 Share |
Re: Governors To Demand Dollars From States’ Share Of Federation Account by Racoon(m): 9:10am On Oct 14, 2019 |
"....Worried by the intractable problem of fuel subsidy which has affected the amount of money available for distribution among the three tiers of government, governors of the 36 states of the federation are mulling presenting to the federal government a demand for their shares and those of the local governments from the Federation Account to be given to them in dollars...."Emperors and mini-tyrannts. 3 Likes |
Re: Governors To Demand Dollars From States’ Share Of Federation Account by Racoon(m): 9:11am On Oct 14, 2019 |
Abeg what is The unit of currency in Nigeria today that these overfed Buffons want to be collecting state allocation in dollars? The Governors clique is one of the bane of our national development. 14 Likes |
Re: Governors To Demand Dollars From States’ Share Of Federation Account by Dreal1247: 9:12am On Oct 14, 2019 |
But Dollars climbed to #520.00. Why then is it now at #360.00 that they are demanding to be able paid in dollars? It's like something is fishy. But we shall understand with time. 2 Likes |
Re: Governors To Demand Dollars From States’ Share Of Federation Account by aolawale025: 9:15am On Oct 14, 2019 |
Doesn't look right. Just demand allocation at ruling exchange rate 4 Likes 1 Share |
Re: Governors To Demand Dollars From States’ Share Of Federation Account by greatmarshall(m): 9:16am On Oct 14, 2019 |
Thieves 9 Likes |
Re: Governors To Demand Dollars From States’ Share Of Federation Account by MANNABBQGRILLS: 10:06am On Oct 14, 2019 |
Also citing Section 162 of the 1999 Constitution, Fayemi queried the business of the NFIU with states and local governments’ joint accounts. 1 Like 4 Shares |
Re: Governors To Demand Dollars From States’ Share Of Federation Account by PureGoldh(m): 10:07am On Oct 14, 2019 |
Issoryt. So that it will be more easy for them to carry shebi 6 Likes |
Re: Governors To Demand Dollars From States’ Share Of Federation Account by Slawormir: 10:07am On Oct 14, 2019 |
Okay |
Re: Governors To Demand Dollars From States’ Share Of Federation Account by vincent10(m): 10:07am On Oct 14, 2019 |
9th wonders of the world 1 Like |
Re: Governors To Demand Dollars From States’ Share Of Federation Account by ednut1(m): 10:07am On Oct 14, 2019 |
Nigeria is all about sharing. one day there would be nothing to share 12 Likes |
Re: Governors To Demand Dollars From States’ Share Of Federation Account by DennisEche(m): 10:07am On Oct 14, 2019 |
they just want to finally bring down the zoo to its knees 2 Likes |
Re: Governors To Demand Dollars From States’ Share Of Federation Account by helinues: 10:08am On Oct 14, 2019 |
Nigeria governors dont know more than sharing money Yet no projects or developments to justify their money money language 4 Likes 1 Share |
Re: Governors To Demand Dollars From States’ Share Of Federation Account by aybabz101: 10:08am On Oct 14, 2019 |
I don't know how these fraudsters called governors think. Is dollar the legal tender of the country? How do u expect the federal Government to pay the state government with foreign money?...... If u need dollars? improve the economy of ur states so dat ur States can trade directly with the international community. States are reasonably autonomous and there is nothing disturbing u lazy ass governors. They want to be embezzling in dollars toooo....awon oloshi... 9 Likes 1 Share |
Re: Governors To Demand Dollars From States’ Share Of Federation Account by gaetano: 10:08am On Oct 14, 2019 |
They want everything in dollars, making it easy for them to steal . Nigeria is one big FX. Purposefully making the naira useless. 3 Likes |
Re: Governors To Demand Dollars From States’ Share Of Federation Account by Nobody: 10:09am On Oct 14, 2019 |
[b]Worried by the intractable problem of fuel subsidy[b]which has affected the amount of money available for distribution among the three tiers of government, governors of the 36 states of the federation are mulling presenting to the federal government a demand for their shares and those of the local governments from the Federation Account to be given to them in dollars. That is why oil subsidy has to go, Yes, we will pay N330 and above for fuel, but at least our greedy governors won't have an excuse to get up to funny tricks Oil subsidy must go. P.S : And no, it does not mean I love Buhari or GEJ or I am for opression or whatever. 2 Likes 1 Share |
Re: Governors To Demand Dollars From States’ Share Of Federation Account by Nobody: 10:09am On Oct 14, 2019 |
They are always sharing without any clear vision of where they piloting the masses to. Collect and share among themselves. 1 Like |
Re: Governors To Demand Dollars From States’ Share Of Federation Account by crownwealth: 10:09am On Oct 14, 2019 |
Very good. The criminal called Buharin will not escape this time.., |
Re: Governors To Demand Dollars From States’ Share Of Federation Account by Zubydeangelo(m): 10:10am On Oct 14, 2019 |
Useless people with useless ideas. Is dollar our currency? Greedy set of individuals at the helm of affairs. 1 Like |
Re: Governors To Demand Dollars From States’ Share Of Federation Account by passyhansome(m): 10:10am On Oct 14, 2019 |
At the end, we all die one day, whats the greed for, Killing for, this earth is very short compared to eternity. Stop living for self, but live for Christ. 1 Like |
Re: Governors To Demand Dollars From States’ Share Of Federation Account by Sammy07: 10:10am On Oct 14, 2019 |
PureGoldh:
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Re: Governors To Demand Dollars From States’ Share Of Federation Account by lovienna: 10:10am On Oct 14, 2019 |
Where they want for see dollars take give them? And wetin they want take the dollars do? |
Re: Governors To Demand Dollars From States’ Share Of Federation Account by JerryLegend(m): 10:10am On Oct 14, 2019 |
Awon were. Gandollar family |
Re: Governors To Demand Dollars From States’ Share Of Federation Account by Johnnyoungster(m): 10:11am On Oct 14, 2019 |
Re: Governors To Demand Dollars From States’ Share Of Federation Account by Nobody: 10:12am On Oct 14, 2019 |
One of the governors confided in THISDAY at the weekend in Abuja that their efforts to resolve the issue so far has failed to yield any positive result due to pushback from some federal government officials, who believed a full deregulation of the downstream sector of the oil industry, which would lead to uncapping petrol price would be injurious to the poor, whom President Muhammadu Buhari has vowed to protect from the vulnerabilities of the nation’s economy. Why doesn't this government wake up to the fact that oil subsidy is harming our economy? Protect which poor?? The same poor that are being hurt by the economic problems being induced by underrecovvery or subsidy. Oil subsidy must go., Let's save at least 500bn naira a year. Time we woke up and took the right decisions, or we keep on taking loans. Modified In plain English, what the article is saying is simple 1. It is becoming increasingly difficult to maintain the fuel price at N145 per liter 2.People are not investing in new refinereis (apart from Dangote) because no one is going to make fuel at N165 and then sell it at N137 to depot. 3.Oil is at $58 , and we need it at $139 per barrel as at 2017 to maintain a balanced budget. We are running out of money (and the looterocrats in this government are busy as usual) 4.Because of this, we so don't have enough cash to share for states 5. So, if you want Fayemi and his gang to stop asking for their allocation in dollars....REMOVE SUBSIDY. We can't sustain it any longer. Sorry folks. 1 Like |
Re: Governors To Demand Dollars From States’ Share Of Federation Account by bobokeshington: 10:12am On Oct 14, 2019 |
Re: Governors To Demand Dollars From States’ Share Of Federation Account by Nobody: 10:13am On Oct 14, 2019 |
Re: Governors To Demand Dollars From States’ Share Of Federation Account by PureGoldh(m): 10:13am On Oct 14, 2019 |
Sammy07: Iffa catch you there EEh 1 Like |
Re: Governors To Demand Dollars From States’ Share Of Federation Account by kkboy(m): 10:14am On Oct 14, 2019 |
I KNOW SAY NA GANDOLLAR GO CHAMPION THAT COURSE 2 Likes
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