Governors Reject Blame for Subsidy Fund Mismanagement
On August 27, during their third meeting at the Nigeria Governors’ Forum (NGF) Secretariat in Abuja, the 36 state governors dismissed allegations of failing to account for funds from the petrol subsidy removal. Bayelsa State Governor Douye Diri, representing NGF Chairman AbdulRahman AbdulRazaq, firmly stated, “That cannot be true,” regarding the accountability claims.
The governors acknowledged the contentious nature of how state governments have managed additional revenues amidst rising economic hardships for Nigerians. They also endorsed the National Affordable CNG Transit Programme, a state-led initiative aimed at lowering transportation costs by utilizing compressed natural gas (CNG).
The proposal includes state support for converting vehicles to CNG and developing necessary infrastructure, with transport operators expected to commit to reducing fares. The NGF noted the program's potential to alleviate transportation costs but emphasized that financing and implementation details need further discussion.
Plus234Feed summary based on reporting from The Will. Read the original report below.
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