Tuesday, 13 February 2024 04:52

Nigeria almost becoming Venezuela in terms of hardship - PDP govs

Rate this item
(0 votes)

Governors elected on the platform of the Peoples Democratic Party (PDP), on Monday, restated their position on state policing, as the solution to the country’s worsening security situation.

The opposition governors also decried the free fall of the naira and its attendant consequences, and asked that the Federal Government’s economic team should find appropriate solutions to the challenge.

Chairman of the Forum, Governor Bala Mohammed of Bauchi State briefed journalists after a meeting of the governors in Abuja.

He decried the high cost of living in the country, and the value of the naira, saying, “We are almost on the road to Venezuela”, a country facing extreme economic and security hardship.

He said, “The meeting reviewed the state of the nation and noted the hardship being faced by Nigerians as a result of economic and security challenges facing the nation.

“The Forum consequently urges the Federal Government to, as a matter of urgency, embark on initiatives involving all the subnational governments to bring a lasting solution to the crisis.

“We reiterate our call for the state police with appropriate safeguards to avoid any abuse or overreach by any chair of government.

“The Forum decried the falling value of the naira and requested the monetary and fiscal authorities to find appropriate solutions.

“We have been partnering even as opposition to make sure that we don’t bring any distraction but certainly the monetary policies and the economic policies rest here and we know the majority of Nigerians live in the state and so we are doing so much across party lines on a bi-personal basis within the Nigerian Governors’ Forum and with the National Economic Council to make sure that we cushion the effect of some of these policies that have far-reaching consequences on our people.

“We supported the removal of subsidy, we thought there were safeguards; we believe that if we took collective decision we should go by it but certainly we have seen that it is a free fall for the naira. The cost of living is going high, we are almost on the road to Venezuela.”

Governors Siminalayi Fubara (Rivers State); Seyi Makinde (Oyo State); Ahmadu Fintiri (Adamawa State); Caleb Mutfwang (Plateau State); Dauda Lawal (Zamfara State); Kefas Agbu (Taraba State); Godwin Obaseki (Edo State) were in attendance. Also, the Deputy Governor of Delta State, Monday John Onyeme was present at the meeting.

 

CTV

May 04, 2024

Peer-to-peer trading in cryptocurrencies worth $500bn in Nigeria – Expert

Chief Executive Officer of one of the leading cryptocurrency platforms in Nigeria, NoOnes, Ray Youssef,…
May 01, 2024

Overwhelming majority of Nigerians have lost confidence in INEC, survey reveals

Yiaga Africa, a prominent election observation group, reveals in its latest report that only 23…
May 05, 2024

Here’s when people think old age begins — and why experts think it’s starting later

New research suggests that 74 is the new 71. Our perception of when “old age”…
April 13, 2024

A new camera can undress people almost in real time—to send a message about AI

Nuca, a new deepfake camera, is an art project that shows how artificial intelligence can…
May 05, 2024

Gunmen abduct Archbishop, 5 other clerics in Anambra

Uka Uka Osim, a leader of the Brotherhood of the Cross and Star, along with…
May 05, 2024

What to know after Day 801 of Russia-Ukraine war

WESTERN PERSPECTIVE Russia hits Ukraine regions, Zelenskiy says Su-25 bomber downed Russian attacks on Ukraine's…
May 01, 2024

Wellspring Consulting proposes cybersecurity investment to boost Nigeria's economy

In a bid to rescue Nigeria from its economic challenges, Wellspring Consulting advocates for significant…
April 30, 2024

Finidi George is new Head Coach for Super Eagles

Former Nigerian winger Finidi George has been appointed as the head coach of the national…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Prof Wale Are Olaitan: Editorial Consultant; Femi Kawonise: Head, Production & Administration; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2024 NewsScroll. All rights reserved.