BUDGET SUPPORT
On the budget support facility, Finance Minister observed that the deductions for repayment by States are meant to resume in May. The Governors however requested for an extension considering the economic challenges in the States.
The Central Bank Governor explained the technical challenges involved should there be a further postponement of the deductions. The Vice President then directed that a meeting be held soon after today’s NEC where the issue would be properly considered and a decision reached.
The VP will chair the meeting and the Governors would be represented by Governor Kayode Fayemi, while the Finance Minister and the Central Bank Governor both of whom attended the meeting today will also participate.
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Segun Adewole
Published 9:52 am
The Federal Government has taken a step towards addressing the rising agitation in certain parts of the country currently threatening Nigeria’s unity.
According to Vice President Yemi Osinbajo, states have been directed to hold consultations and dialogues on the issue and are to report back to the Federal Government.
This was part of the deliberation at the 4th National Executive Committee meeting attended by state governors, ministers, and the Central Bank governor, during which Osinbajo spoke “on pertinent issues affecting Nigerians across the country.”
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He tweeted, “On the issue of unity, the Council’s position remains the same. Despite the efforts of those attempting to derail progress, we will continue to affirm the need for one Nigeria, as it remains the best option for us as a people.
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