Governors Reject Blame for Fuel Subsidy Fund Management
On Wednesday, the Nigeria Governors’ Forum (NGF), comprising 36 State Governors, rejected claims that sub-national governments failed to account for funds from the removal of fuel subsidy. Chairman AbdulRahman AbdulRazaq of Kwara State, represented by Douye Diri of Bayelsa State, stated that the allegations were untrue and deferred further debate on the matter.
The Forum expressed strong support for the National Affordable CNG Transit Programme (NACTP), which aims to lower passenger fares by utilizing compressed natural gas (CNG) to reduce transportation costs. AbdulRazaq explained that the initiative would involve state support for CNG vehicle conversions and infrastructure, with the goal of easing transportation expenses.
The Governors justified focusing on transportation palliatives, emphasizing its direct effect on food prices. AbdulRazaq indicated that the NACTP is part of broader measures to mitigate the impact of fuel subsidy removal on Nigerians, highlighting the importance of transportation in the economy.
Plus234Feed summary based on reporting from Nigerian Tribune. Read the original report below.
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