₦airaland Forum

Governors seek audience with Buhari over dwindling economy
Augustine Ehikioya, Abuja / 24 minutes ago

The 36 states governors have resolved to meet with President Muhammadu Buhari towards finding a way out of the deteriorating state of the Nigeria economy.

According to them, they are struggling to meet up with expenditure especially payment of salaries due to dwindling monthly allocations caused by falling crude oil prices in the international market.

Speaking with journalists at the end of their meeting held at the Banquet Hall of the Presidential Villa, Abuja, early Thursday, the Nigeria Governors’ Forum (NGF) also backed the Nigerian Communications Commission (NCC) over the N2.1trillion fine slammed on MTN.

The governors insisted that the service provider must pay up in full.

Reading the communiqué issued at the end of the meeting, the Chairman of the Forum and governor of Zamfara State, Abdulaziz Yari, said states could no longer bear the N18, 000 minimum wage that was imposed on them when oil sold for $126 per barrel as against its present cost of $41 per barrel.

He noted that the way out of the situation was the diversification of the economy with adequate attention given to agriculture and mining.

He said: “We resolved that we must look at ways to enhance revenue generation and at the same time look at ways to cut our overhead costs more especially the political office holders’ salaries and other overhead expenses.

“The situation is no longer the same when we were asked to pay N18,000 minimum wage, when oil price was $126 (per barrel) and continued paying N18,000 minimum wage when the oil is $41 and the source of government expenditure is oil, and we have not seen prospects in the oil industry in the near future.”

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The ongoing scarcity of Premium Motor Spirit also known as petrol is biting harder in the country as users are forced to pay far above the recommended price of N87 per litre in most of the filling stations that sell the product, SUNDAY PUNCH has found out.
Investigations by our correspondents also revealed that petrol now sells in some states as high as N400 per litre
while in others it goes between N110 and N200.
However, some filling stations as at press time on Saturday, according to our correspondents, still sold the product at the official price of N87 per litre. These filling stations, findings showed, were however few and inundated with long queues of motorists, motorcyclists and other users.
In Cross River State, a litre of petrol was sold for as high as N400 in Calabar and environs on Saturday morning.
Tanker drivers across the state and beyond had on Monday refused to load the product from the Calabar Depot in protest of the deplorable situation of federal roads in the state.
As at the time of filing this report, most service stations had yet to commence the sale of the product to the public. Black marketeers had continued to have a field day.
Many petrol stations in Akwa Ibom State, particularly those in Ibesikpo/Asutan, Eket, and Itu Local Government Areas on Saturday sold petrol at N200 per litre.
In Uyo, the State capital, while the price fluctuated between N170 and N180 per litre, motorists said many of the filling stations had adjusted their metres regardless of the amount they pay for buying fuel.
In Ondo State, long queues of vehicles persisted in many filling stations in many towns on Saturday even as many of them sold petrol at N120 per litre.
In Ilorin, the Kwara State capital, there long queues at filling stations on Saturday especially those owned by major marketeers.
A litre of petrol was being sold between N100 and N110 depending on the distance of the area to the state capital.
In Enugu State, petrol was sold between N130 and N150 per litre.
Our correspondent, who bought the commodity at the cost of N140 per litre in the state capital on Saturday, learnt that the product was being offered to motorists for N150 in other filling stations.
In Oyo State, fuel scarcity reached a height as few vehicles plied the roads.
More than 85 per cent of major oil marketeers were not selling the product while a few independent oil marketers sold between N110 and N120 per litre.
The queues by motorists for petrol continued on Saturday in some filling stations in Abuja and Nasarawa State.
All petrol stations visited in Abuja on Saturday sold at the regulated price, but many were not open for business as they claimed not to have products.
In Benue State, Sunday PUNCH visited the NNPC Mega filling station along Oturkpo road where the queue for the product was over four kilometres long. It was the only fuel station selling at the official pump price of N87 per litre.
Meanwhile, black marketeers have taken over the town as they sold at N200 and N250 per litre.
In Gboko and the other local government areas it was sold at N170 per litre.
Investigations by SUNDAY PUNCH correspondent, who went round some parts of Nassarawa State, observed that it was only the NNPC mega station that sold at N87 per litre while others sold at N160 per.
In Bayelsa State, particularly Yenagoa, the state capital, a few filling stations that were selling the product on Saturday sold a litre of petrol between N130 and N150.
The NNPC mega filling stations in the Yenagoa metropolis were the only ones selling at the government regulated price of N87 but the queues were very long.
A litre of PMS was sold for N100 in many filling stations in Ogun State except NNPC stations and those of major marketeers on Saturday.
In Osogbo, the Osun State capital and other parts of the state, petrol was sold at N110 per litre.
In Lagos, our correspondent learnt on Saturday that while the NNPC and major marketers sold at N87, black marketers sold five litres of petrol at N600.

*Head* I meant

Hmmmm! I can't believe I entered one chance still shaking my heads.

God Win!

when will this wailing stop

Alright!

God Win!

Stories for the gods

crying in Swahili

Latest memo

Latest memo from u.b.e;

Images from my wedding.

Thank God for a successful wedding.

Please may i use this medium to invite all teachers of distinction on our marital bliss which will hold @ Christ embassy agip, No 36 road 24, federal housing estate, Rumueme, port Harcourt. Date: Saturday 29th August, 2015. Time: 10:00am prompt.

Reception follows immediately after service @ Legacy Hall plot 5 Abacha Road GRA phase 3, Port Harcourt.

One month alert received zenith bank obio/Akpor ube.

Caringpro:
hw many month

just two month only.

Alert recieved zenith bank u.b.e. Obio/akpor.

joysparks: Pls temple hv u bin paid ur august salary,if yes any arrears? Tnx

Yes! I have recieved my august salary since 1st september but no arrears was paid.

joysparks: Greetings all. Pls any obio/akpor ube in d house. There is something vry important I nid to know. Tnx.

whats that? @joysparks

passarella013: so early? Hw many months?

Just one month as usual.

kac13: Alert received from Zenith Bank.PPSB,Phalga.

Also, Alert recieved from zenith bank, u.b.e. Obalga.

temple4real: I will ensure I update on outcome of the said meeting aluta continua! remember injury to one is injury to all, so no retreat! no surrender!

The N.u.t. Meeting is mainly for obio/akpor branch.

Asher79: Did they state the agenda or reason for the meeting?

I will ensure I update on outcome of the said meeting aluta continua! remember injury to one is injury to all, so no retreat! no surrender!

dexpee4life: [color=#990000][/color]

pls what is the location and agenda of the meeting. What is there mode of operation i.e how did they get your number

The agenda was not made known, concerning how they got my number; It was during the protest of bring back our girls that my number was given, I and a colleague were requested to represent our school on that day.

I recieved a text this mrng from d N.u.t. requesting me to attend a crucial meeting on thursday 17th july 2014.

Chibuking81: how much this time?

Nothing has change, same level8 step4 67k plus dats it.

Alert Recieved Zenith bank u.b.e.obio/akpor.

ThankGod its friday, I was really worried when this forum had some difficulty, Good to see them in business again. Its on this regard i opine for us to hve our phne numbers shared for quick info desemination, because its said information is power.( 08037096744. Whatsapp)

Governor Amaechi pledged three hundred million naira to rivers state civil servants for their 2013 christmas and 2014 new year bonus respectively.

Great teachers of distinction let's continue to keep our faith alive because no going back and it's our turn to smile I wish all a prosperous 2014.

Am in my place of work at elimgbu recording scores of my pupils, we got info yesterday that schools will close on Friday next week.