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Updated May 20, 2021
The Nigeria Governors’ Forum (NGF) on Wednesday said they are working to resolve issues surrounding the implementation of Executive Order 10.
This was disclosed in a communiqué signed by the Chairman of the forum Kayode Fayemi at the end of the 30th teleconference meeting.
President Muhammadu had earlier in May 2020 signed an Executive Order granting financial autonomy to both the judicial and legislative arms of government at the state level.
In its statement, the NGF said talks on the order had reached an advanced stage with the Ministry of Labour, conference of speakers, and the National Judicial Council.
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Governor Nasir El-Rufai on Thursday disclosed that the payment of between N70 billion and N210 billion monthly on fuel subsidy is unsustainable.
Governor El-Rufai made the observation while presenting the report on the appropriate pricing of Premium Motor Spirit (PMS) otherwise called petrol, during the 30th teleconference meeting of the Nigeria Governors’ Forum (NGF) chaired by Governor Kayode Fayemi.
While calling for full deregulation of the downstream of the petroleum industry, Governor El-Rufai noted that the payment of subsidy ranging from N70 billion to N210 billion monthly to keep the PMS price at N162 per litre is completely unsustainable.