Business and Economy
30 BILLION NAIRA TO STATE GOVERNMENTS FROM UNVERIFIED REPORT: I HOLD GOVERNORS IN HIGH ESTEEM – AKPABIO
The office of the President of the Senate Godswill Akpabio has been drawn to various misconceptions in the public domain on the statement credited to the President of the Senate in plenary of Wednesday, February 21, 2024, during the presentation of a report of the joint Committees on Finance, Agriculture/Food Sufficiency, Banking and Insurance.
In press statement by the Special Adviser on Media and publicity to the president of the Senate Mr Eseme Eyiboh says during the session the President of the Senate commented on the payment of an unverified cumulative sum of about #30b to the sub-national governments by the Federal Government for various interventions to ameliorate the food situation of our citizens at the sub-national governments.
He explains that the unfortunate conjectures to take away the kernel in the material facts of FAAC payment are rather regretted.
He further notes that considering the well-intended motive of urging state governments to collaborate with the Federal government of President Bola Tinubu to facilitate strategic interventions to mitigate the prevailing economic situation in the country remains the underpinning motivation in the comment.
“The President of the Senate is not oblivious to the fact that State governments are functional partners in all the efforts of the current administration of President Bola Tinubu and are also valuable Stakeholders’ in the various legislative engagements of the legislature in creating the nexus between the legislature and the people. The President of the Senate has always demonstrated commitment to team building and shall not do less in the circumstance. He therefore urges the sub-national governments not to be distracted by any misunderstanding of the context and true meaning of the statement”
Mr Eyiboh in the statement says President of the Senate recognizes and appreciates the current efforts of the governors at ameliorating the adverse effects of the current inclement socio-economic environment and therefore invites more hands on the plow to complement the renewed hope agenda.
[2/26, 9:29 PM] james Okoadi Itodo: The office of the President of the Senate Godswill Akpabio has been drawn to various misconceptions in the public domain on the statement credited to the President of the Senate in plenary of Wednesday, February 21, 2024, during the presentation of a report of the joint Committees on Finance, Agriculture/Food Sufficiency, Banking and Insurance.
In press statement by the Special Adviser on Media and publicity to the president of the Senate Mr Eseme Eyiboh says during the session the President of the Senate commented on the payment of an unverified cumulative sum of about #30b to the sub-national governments by the Federal Government for various interventions to ameliorate the food situation of our citizens at the sub-national governments.
He explains that the unfortunate conjectures to take away the kernel in the material facts of FAAC payment are rather regretted.
He further notes that considering the well-intended motive of urging state governments to collaborate with the Federal government of President Bola Tinubu to facilitate strategic interventions to mitigate the prevailing economic situation in the country remains the underpinning motivation in the comment.
“The President of the Senate is not oblivious to the fact that State governments are functional partners in all the efforts of the current administration of President Bola Tinubu and are also valuable Stakeholders’ in the various legislative engagements of the legislature in creating the nexus between the legislature and the people. The President of the Senate has always demonstrated commitment to team building and shall not do less in the circumstance. He therefore urges the sub-national governments not to be distracted by any misunderstanding of the context and true meaning of the statement”
Mr Eyiboh in the statement says President of the Senate recognizes and appreciates the current efforts of the governors at ameliorating the adverse effects of the current inclement socio-economic environment and therefore invites more hands on the plow to complement the renewed hope agenda.