Troubled by the precarious financial situation of 18 out of the 36 states of the federation, the governors are meeting today in Abuja to propose a bail out scheme for the financially handicapped states.
The governors are to brainstorm on possible solution to the several months of unpaid salaries in the technically bankrupt states among other issues, according to a statement issued yesterday by Director-General of the Governors’ Forum, Mr. Asishana Okauru
The governors are said to be worried that if the situation in the affected states is allowed to linger, it may portend danger for the nation’s nascent democracy. The states that are financially down, it was learnt, if left on their own may not be able to address some of the very serious problems confronting them.
The governors under the aegis of Nigeria Governors’ Forum, NGF, will examine issues relating to the Federal Accounts Allocation Committee, FAAC, the Excess Crude Accounts ( ECA) and Revenue Enhancement Scheme as it affects state revenue flow for states, according to items listed on the agenda of today’s meeting.
The meeting will be presided over by NGF chairman and governor of Zamfara State, Abdullaziz Yari.
Invited Governors
Speaking to reporters in Abuja, Okauru disclosed that all the governors, including Olusegun Mimiko of Ondo, Seriake Dickson of Bayelsa, Emmanuel Udom of Akwa Ibom, Senator Ifeanyi Okowa of Delta, Senator Benedict Ayade of Cross River, Adams Oshiomhole of Edo State, Rauf Aregbesola of Osun, Abdullahi Umar Ganduje of Kano; Kashim Shettima of Borno and Abiola Ajimobi of Oyo State, were invited to the meeting.
Source: vanguardngr.com
