Governors meet in Abuja over N614bn bailout deductions, and other issues
Nigerian governors have converged for the sixth Nigeria Governors Forum (NGF) meeting/workshop at Abuja, the Federal Capital Territory.
According to The Nation, one of the top agendas to be discussed at the meeting borders on the deductions of the over N614billion bail-out fund made available to the governors about two years ago.
Recall that the federal government had said it would commence deducting the fund from September 2019.
However, our source Legit.ng gathered that the state governors are asking that part of the funds be deducted from the money the federal government is owing them for federal projects they executed in their various states.
The governors are also begging the federal government for an extension of time before deducting the money from their monthly allocations. Apart from the bailout funds deductions, the governors will also be discussing other issues which are of national importance.
Meanwhile, Legit.ng had earlier reported that some state governors were panicking over the federal government's stance to start deducting the funds from their monthly federal allocations
Source: Legit.ng
According to The Nation, one of the top agendas to be discussed at the meeting borders on the deductions of the over N614billion bail-out fund made available to the governors about two years ago.
Recall that the federal government had said it would commence deducting the fund from September 2019.
However, our source Legit.ng gathered that the state governors are asking that part of the funds be deducted from the money the federal government is owing them for federal projects they executed in their various states.
The governors are also begging the federal government for an extension of time before deducting the money from their monthly allocations. Apart from the bailout funds deductions, the governors will also be discussing other issues which are of national importance.
Meanwhile, Legit.ng had earlier reported that some state governors were panicking over the federal government's stance to start deducting the funds from their monthly federal allocations
Source: Legit.ng
this is nigeria
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