Osun State Governor, Ogbeni Rauf Aregbesola has described as unjustifiable a 40 per cent reduction in the federal allocation being received by the state since July 2013.
Aregbesola made this position known in Lagos on Thursday at the launching of a book, ‘Yoruba Elites and Ethnic Politics in Nigeria: Obafemi Awolowo and Corporate Agency’, authored by an associate professor at the University of California-Davies, Wale Adebanwi.
The governor, who is a member of the opposition, All Progressives Party, APC, said the reduction could not be justified as there was no shortfall in the nation’s crude oil receipts.
Said he: “If there is anything my state does not have now, its money. We are managing with 40 per cent reduction in our allocation from the Federal Government. It is not as if I even enjoy saying I depend on the federal allocation, but the truth is that there is no magic that I would have done to suddenly take our state out of dependence on the federal allocation.
“It is important for us to know that there is no justification for that 40 per cent reduction in our allocation. The price of crude oil has remained almost the same at $108 per barrel, and the benchmark, according to them, is $75 per barrel”.
Fayemi Presents Over N109 billion As Budget Estimate For 2021
Governor of Ekiti State, Kayode Fayemi has presented the proposed budget for the 2021 fiscal year in the State.
The Governor on Monday presented a budget estimate of over N109 billion for the 2021 fiscal year.
Governor Fayemi, while presenting the budget at the State House of Assembly complex yesterday in Ado-Ekiti described the 2021 budget as “Budget of Recovery and Economic Restoration.”
The budget has a recurrent expenditure of N57, 997,898,982.62k while the capital expenditure has N51, 668,386,739.99k.
Fayemi, said the budget proposal presented contains the policy thrust, programmes, and vision of his administration for 2021, saying efforts shall be made to source the needed resources to fund the budget.
National Broadcast: PDP Slams Buhari Over ‘Disappointing, Empty’ Speech – PDP
Recall that Buhari in his speech called for an end to the protest, adding that his government had already accepted and started implementing demands of the protesters.
He, however, failed to acknowledge the shooting of protesters by soldiers of the Nigerian Army at the Lekki Toll Gate on Tuesday night.
Reacting in a statement on Thursday night by its spokesperson, Kola Ologbodinyan, the PDP said Buhari’s address was depressing and failed empathy test.
The party appealed to Nigerians, particularly the youth, to remain calm and allow a return to normal life in the collective quest for peaceful co-existence in the overall interest of the nation.
PDP Asks Buhari To Stop Killing Of #EndSARS Protesters Across Nigeria
This was contained in a statement titled “EndSARS- Lekki Massacre,” signed by the PDP National Publicity Secretary, Kola Ologbondiyan, late on Tuesday.
Ologbodiyan said, “The Peoples Democratic Party, condemns in very strong terms, the killing of peaceful protesters at the Lekki Toll Gate in Lagos as well as other parts of our country.
“It is shocking that security agents and, in some cases, thugs, were reportedly deployed to end the lives of promising Nigerians. This, to say the least, is saddening.
“Those responsible for the heinous murder of the innocent and harmless Nigerians must account for their nefarious acts.
“The PDP calls on President Muhammadu Buhari to immediately direct an end to these wanton killings across our nation.
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