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Progressive Governors Disagree With Obaseki On Printed Money

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Obaseki Appoints 2 Special Advisers, Forwards List of 11 Commissioner-nominees Of Edo Assembly

Fresh condemnation has trailed Edo State Governor Godwin Obaseki’s claim that the Federal Government printed between N50 billion and N60 billion to bridge the shortfall in the distribution of federation revenues to the three tiers of government in March 2021.

The Progressive Governors’ Forum said that Obaseki’s claim did not reflect the true position of things.

In a statement released to newsmen on Sunday in Abuja, by its Chairman, Governor Abubakar Atiku Bagudu of Kebbi State, the forum said at first, the impression it got was that it was an off the cuff remark made in a private meeting, but “we were, however, shocked to see yet another response from our colleague to the rebuttal by the HM Finance insisting that the March 2021 FAAC was augmented via the printing of money.

The PGF stated : “Given the significance of the statement from a sitting governor and the possible negative impact it has brought to the credibility of both the federal and state government in managing government finances, the forum is obliged to put a statement out.

“To set the records clear and to the best of our knowledge, the total distributable statutory revenue for the month of March 2021 was N596.94 billion. Due to the shortfall in gross statutory revenues by N43.34 billion compared to the previous month, an augmentation was made in the sum of N8.65 billion from the Forex Equalization Fund Account, which brought the total distributable revenue to N605.59 billion.

READ ALSO: Sanwo-Olu Pledges Support For Digital Switchover In Lagos

“Federation revenues distributed monthly primarily consist of mineral revenues from the sale of oil and gas, as well as non-mineral revenues from customs and excise duties, company income tax, and value-added tax.”

According to the progressive governors, however, there are periods when the country experiences significant fiscal shocks in federation revenues but the shocks are offset by other savings serviced from the federation account, including distributions from the domestic excess crude proceeds and the foreign excess crude savings account.

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LG Election: Opposition Parties On Holiday, APC Remains Party to Beat – Abiodun

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My Dad Asked Me To Prioritise Civil Servants, Pensioners, Teachers - Abiodun
Ogun State Governor Dapo Abiodun

Ogun State Governor, Prince Dapo Abiodun has declared that based on the performance of his administration in the last five years, opposition parties are clearly unpopular and invisible in the forthcoming local government election.

The governor added that the quality of candidates the ruling All Progressives Congress (APC) is presenting in the election would make it the party to beat with landslide victory in all the 20 Local Government Areas of the State.

Speaking through his Special Adviser on Media and Communications, Hon. Kayode Akinmade, over the weekend, Prince Abiodun explained that his administration has changed the hitherto volatile political environment in the state and made it conducive for opposition parties to operate without hindrance or intimidation.

According to him, instead of the primordial machinery of intimidation, his administration has dwarfed the opposition parties in the state through sterling performance and creative ideas for development.

Governor Abiodun, therefore, urged members of APC in the state to show more commitment and work in harmony to sustain the feats already attained in the past years and ensure resounding victory during the November 16 local government poll.

“With the quality of candidates our party is presenting in the forthcoming local government election in the State, APC remains a part to beat; we have assiduously and consistently made remarkable impacts in the life of our people and this is indeed our selling point.

“Without going through the primordial route of physical intimidation of opposition parties, our administration has obviously silenced them by our intimidating projects, creative ideas and prudence, which have earned us a leading status among other federating units.

“It is now incumbent on every APC member across the 20 Local Government Areas to sustain the enviable feats our party has recorded in the last five years by showing more commitment and work in unison for the victory of our party come November 16,” Abiodun said.

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LP Chieftain, Kenneth Okonkwo Disagrees With Peter Obi

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LP Chieftain, Kenneth Okonkwo Disagrees With Peter Obi

By John Michael Ojo

Kenneth Okonkwo, a chieftain of the Labour Party who doubled as the party’s spokesman during the 2023 general elections has accused the party’s chairman, Julius Abure of corruption and mismanagement of the party’s fund.

Okonkwo, a Nollywood Actor turned politician disclosed this on Tuesday via microblogging platform X, formerly known as Twitter.

He also alleged that the LP’s national convention organised by the Abure-led National Working Committee lacked merit in its entirety.

While distancing himself from the embattled party’s chairman, he wrote: “I am suspending my relationship in all ramifications with the purported Abure-led National Working Committee of Labour Party.“

For me, it’s either a new Nigeria or nothing. I prefer to lose doing the right thing to winning doing the wrong thing.

“Nothing can wash out the criminality, corruption, and incompetence with which the purported Natokoional Convention was purportedly organised by Abure.

“I did not leave the comfort of a ruling party, APC, because I believe that they are incompetent and dishonest, only to come and join another incompetent and corrupt association, which is the current Abure-led National Working Committee of Labour Party.”

Okonkwo’s claim is coming barely days after the presidential candidate of party, Peter Obi drummed support for the Abure-led NWC.

Obi who was viewed as a favourite in the build-up of the presidential election came a distant third behind former Vice President, Atiku Abubakar.

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Abiodun Commends Ogun Assembly For Seamless Transition As Elemide Is Elected Speaker

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L-R: Hon. Adegoke Adeyanju; Minority Leader, Lukman Adeleye; Attorney-General and Commissioner for Justice, Oluwasina Ogungbade; Deputy Speaker, Hon. Bolanle Lateefat Ajayi; new Speaker, Oludaisi Elemide; Deputy Governor, Engr. Noimot Salako-Oyedele; SSG, Mr. Tokunbo Talabi; Deputy Chief of Staff, Toyin Taiwo; Commissioner for Local Government and Chieftaincy Affairs, Hon. Ganiu Hamzat; Majority Leader, Yusuf Sheriff and Hon. Waliu Owode.

Ogun State Governor Prince Dapo Abiodun has congratulated the new Speaker of the State House of Assembly, Rt. Hon. Oludaisi Elemide and other lawmakers for ensuring a rancour-free process.

The governor, who was represented by the Deputy Governor, Engr. (Mrs.) Noimot Salako-Oyedele spoke when he received 19 members of the House who accompanied the new speaker on a courtesy call on him on Tuesday in his office at Oke-Mosan, Abeokuta.

He commended the seamless manner in which they elected the new speaker, reaffirming that the lawmakers have the right to decide who would lead them in a democracy.

He said: “It is worthy of note that the executive has not interfered in the process to make sure that you are comfortable in what you want to do, that led you to making your decision. And we support you in the decision that you make.

“You have gone through the process in a way that is exemplary. This is not the first time in this country that members of a particular legislature have decided to change their leader.”

He emphasized that the executive arm would continue to adhere strictly to the concept of Separation of Power and the rule of law in its relationship with the House of Assembly.

The governor pledged that his administration would support and work closely with the legislature to maintain the harmonious relationship that has existed in the last four and a half years.

In his remarks, the new speaker, Rt. Hon. Elemide said the House would continue to complement the executive and avoid the unnecessary mudslinging that may hinder the progress of the state.

“We are not going to fight, and neither are we going to compromise the executive. In the legislature, there is room for lobbying. We will lobby where we need to lobby, we will assert where we need to assert, and we will let the whole people of the State know that we are there for them.

“To my colleagues, I would not want to betray their confidence that they have in me. It is going to be we and not I. I am just the first among equals, and we were voted in from our various constituencies. I will take cognisant that we are equal.

“I will be there to speak for them, and I will speak whatever they put in my mouth,” Elemide concluded.

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