President Muhammadu Buhari is holding an emergency meeting with six governors and one deputy governor in the banquet hall in Aso Rock, PM News reports. "The president must ask for proper audit of funds already released".
The President of the Senate, Sen.
The Trade Union Congress (TUC) has backed the governors of the 36 states of the federation on their request for 50 per cent Paris Club loan from the federal government.
The latest payment was the second tranche of the refunds to the states with a total of N243.8 billion released to the 36 states and Federal Capital Territory.
But reacting, NLC general secretary, Dr. Peter Ozon-Eson, maintained that governors who did not use 50 per cent of earlier refund to pay salaries must first comply by ensuring they pay their state workers as agreed with the Federal Government bailout before asking for another. We are here to thank Mr. President for his concern about the state of the economy and for giving us several supports, ranging from bailout, restructuring our debts, Paris Club exit payment.
The governors' forum chairman said President Buhari's decision to release the last two tranches of the London-Paris exit funds contributed in no small measure to Nigeria's exit from economic recession.
"How can anyone go to bed and sleep soundly when workers have not been paid their salaries for months", he quoted Buhari to have said.
"So, he said we should reschedule this meeting".
Briefing journalists after the meeting, Mr. Yari said they were at the villa to remind Mr. Buhari of his directive in 2016 that 50 per cent of the money be paid to states, and the balance after reconciliation.
Mr. Yari said they told Mr. Buhari that "reconciliation is on since 2016, we are hoping that both the DMO, (Debt Management Office) Ministry of Finance, AGF and our consultants are concluding this reconciliation by November".
The delegation, led by the forum's chairman, Governor Abdulaziz Yari of Zamfara State, comprises the governors of Kebbi, Bauchi, Kwara, Ondo, Jigawa and Ebinyi. We are going to work on the numbers when he (Buhari) returns from his trip. He hails from Delta State, Nigeria.
Volkswagen to enter Pikes Peak with electric prototype
Volkswagen last competed at Pikes Peak in 1987 with a 480kW twin-engined Golf sporting 1.8-litre engines up front and at the rear. Volkswagen Motorsport is collaborating closely with the company's Technical Development arm to produce the auto .