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Utilise N1.1tr hardship alleviation fund on productive ventures, Obi tells governors

Peter Obi | File Image

.Governors deny receipt of N1.1tr

We must stop throwing our scarce and borrowed resources at immediate problems, and consumption, but rather through an articulated plan, invest aggressively in production, in a clear, visible,e and transparent manner, in which people can see the future benefits’

By Valentine Amanze

The Labour Party (LP) flagbearer in the 2023 general election, Mr Peter Obi, has called on the 36 governors in Nigeria to genuinely invest in productive venture the N1.1 trillion given to them by President Bola Tinubu to cushion the effect of the current economic hardship in the country.

Though some governors including Governor Seyi Makinde of Oyo State have denied receiving the money, the Senate President Godswill Akpabio revealed in a television interview that each of the state governor including Abuja received N30 billion for the purpose.

But Obi, who reacted in his X handle, @PeterObi, after Akpabio’s revelation, advised the federal government not to waste the scarce resources on frivolities.

Also read: Obi decries food insecurity in Nigeria

The LP presidential candidate also called for the details of the disbursement of the N1.1 trillion.

Obi stated: “Recently, the Senate President,  Senator Godswill Akpabio, announced that a staggering financial support of N1.1 trillion, amounting to a sum of N30 billion each was doled out to the state governors to help ameliorate the present hardship in the country.

“While the Federal Government is to be commended for making such a huge support, considering the difficult times people are going through, it is pertinent, for the interest of good governance and transparency, that the details of the disbursement of such support be explained further, so that the public, the masses for who the support is meant, can follow through and ensure that it is utilized appropriately to the benefit of the people.

“While waiting for such details, I appeal that concerted efforts be made to ensure that the resources are genuinely and transparently invested in productive ventures to alleviate present hardship and help the future growth of the country.

“We must stop throwing our scarce and borrowed resources at immediate problems, and consumption, but rather through an articulated plan, invest aggressively in production, in a clear, visible,e and transparent manner, in which people can see the future benefits.

“Now than ever, our nation needs a separate move from consumption to production by prioritizing and investing in human development which will go towards providing a sure and lasting solution to many of our challenges of today, and put us on a path of developmental growth. This is the New Nigeria we are clamouring for.

PO.”

valoa2000@yahoo.com

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