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State governors have said they didn’t receive any bail out package from the federal government, adding that they don’t need it at this time.
The governors also resolved to provide a clear policy direction for President Muhammadu Buhari.
Addressing newsmen at the end of the Nigeria Governors’ Forum (NGF) meeting which last from 9:03 to 11:29 Wednesday night at the Transcorp Hilton, Abuja, the Forum’s chairman and Zamfara State governor, Abdulaziz Yari said the forum resolved to ensure coherent policy actions that would create a clear policy direction for the country and stimulate domestic production
Yari said the governors have not been looking for bail out, rather, they have been looking for all monies that are in the coffers of the federation most especially some of the monies that are hung around the coffers of government to be brought together for the purpose of sharing.
He said the last money shared was from the NLNG and FAAC, adding that the forum is concerned about how best the intervention will happen in no distant time to be able to settle the issue of salaries and other operations of state governments in the country.
“The CBN governor raised some issues that taking the monies from those accounts most especially as our reserves are going down will affect the exchange rate and also the naira will have pressure so they decided to make the naira available or its equivalent so that those can be taken as loan to states for some of us complaining about the salaries. Therefore, we are not taking any bail out from the federal government and the federal government did not give us any bail out yet,” Governor Yari said.
Courtesy – Daily Trust
