After the People’s Democratic Party Governor’s forum meeting that held at the government house, Uyo yesterday, they released a 14-point communique read by Governor Aminu Tambuwal of Sokoto.
They have come to a conclusion that the federal government has plunged Nigeria into bankruptcy as it has incurred debt to the tune of 36 trillion naira which is clearly unsustainable. They governors said “All the gains of the PDP Government under Chief Olusegun Obasanjo, GCFR, where Nigeria exited its foreign debt obligations has been destroyed. Borrowing for frivolous items such as funding the Nigerian Television Authority is scandalous.
“Money should only be borrowed for productive purposes as Nigeria’s current debt of over N36 trillion is becoming clearly unsustainable relative to our earnings and GDP.”
They also complained at the manner the Nigerian National Petroleum Corporation (NNPC) carried out its operations, particularly its recent decision not to make statutory contributions to the Federation Account as they claim the NNPC is starving states of funds needed for employment, development and general well-being.
In addition, they had knocks for the president concerning the operations of the CBN, as they said the CBN was operating like its own government within the government, the suspension of Twitter in Nigeria, as they condemned the personalized reasons given for the action by the presidency and demanded a review of the action in national interest amongst other things.
The governors present were Governors Udom Emmanuel (Akwa Ibom), Nyesom Wike (Rivers) Douye Diri (Bayelsa), Samuel Ortom (Benue State), Ifeanyi Okowa (Delta), Ifeanyi Ugwuanyi (Enugu), Seyi Makinde (Oyo), Ahmadu Umaru Fintiri (Adamawa), Godwin Obaseki (Edo), Bala Mohammed (Bauchi), Darius Ishaku (Taraba), Okezie Ikpeazu (Abia) and Deputy Governor Mahdi Mohd (Zamfara).