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We need fresh bailout — State governors begs Buhari



A delegation of the Nigeria Governor’s Forum, has requested the release of the 50 percent of the Paris Club fund from the Federal Government in a meeting in Abuja with President Muhammadu Buhari.

Speaking on behave of state governors, NGF chairman, Abdulaziz Yari, thanked Buhari for intervening at different levels with budget support, Paris Club refund and other means of bailout.

“On behave of the 36 state governors, we are here to say thank you to President Muhammdu Buhari for taking up our matters and giving us several supports, like restructuring our debts, Paris Club exit payment, bailout.

“In fact, the bailouts is the reason we got out of recession, though many Nigerians are criticising Buhari for that”.

Making their additional request, Yari noted that if the 50 per cent of the Paris Club refund is released, individual state governments would be able to incorporate it into their 2018 budgets.

There has been reconciliation since 2016, and we are expectant that Ministry of Finance, Debt Management Office, Attorney General of the Federation and our consultants will round up by November.

“With this we are craving you indulgence in order that each states can include the figures their 2018 budgets.

“This will allow smooth flow in executing our projects and offset recurrent expenditures as specified by our individual Houses of Assembly”.

President Buhari had sympathized the poor welfare of state workers, as workers bitterly complained of non-payment of salaries, wondering how they take care of families, feeding, pay rent, or pay school fees of their children.

“How can anyone go to bed and sleep soundly when workers have not been paid their salaries for months”, Buhari said.

READ MORE: Buhari expresses concern over states workers’ plight

Also in the meeting was Governor Abdulfatah Ahmed of Kwara State, represented North-Central; Governor Atiku Bagudu of Kebbi State, represented North-West; Governor Mohammed Abubakar of Bauchi State represented North-East; South-West represented by Govrenor Rotimi Akeredolu of Ondo State; South-South represented by Governor Emmanuel Udom of Akwa Ibom State and; South-East represented by the Deputy Governor of Ebonyi State, Eric Igwe.