As the cash crunch bites harder, governors yesterday opened their bid for monthly withdrawals from the stabilisation and ecological funds.
Led by Governors Forum Chairman Zamfara State Governor Abdul’aziz Yari, the governors met with Minister of Finance Mrs. Kemi Adeosun and Central Bank of Nigeria (CBN) Governor Godwin Emefiele to perfect plans for accessing funds in the stabilisation account and ecological fund to address environmental challenges.
Yari told reporters after meeting with the financé minister that the mission was a follow up of resolutions reached two days at the governors’ meeting.
He said: “We have a lot of funds in the ecological stabilization funds. And those funds are not being discussed at the National Economic Council (NEC). What we discuss at NEC is usually briefing on excess crude account and the federation account. But this fund is not being discussed at that platform. So we will like to have this fund every month because those funds are federation funds and we are having so many problems. We need the money.”
Yari noted that governors would like “to have a report every month because those funds are federation funds and we are having so many troubles and there is another fund from foreign donors in support of desertification and the environment. Therefore, we are discussing with the federal ministry of finance, we are discussing with the CBN governor on how states will get access to these funds for the betterment of our society.”
Other governors with Yari are: Ifeanyi Okowa (Delta); Rochas Okorocha (Imo ); Aminu Waziri Tambuwal (Sokoto); Olusegun Mimiko (Ondo) and Nasir El-Rufai (Kaduna).
