Connect with us

Headlines

Akpabio Lied, No State Received N30bn from FIRS – Makinde

Published

2 years ago

on

Oyo State Governor and Vice Chairman of the Nigerian Governors’ Forum, Seyi Makinde, on Thursday, declared that there was no truth in the claim by the Senate President, Godswill Akpabio, that states of the federation got an additional N30 billion each outside of their statutory revenue allocations, to address food insecurity in their states.

A statement by his Chief Press Secretary, Suleiman Olarenwaju in Ibadan, the state capital, said the state has not received any N30 billion from the Federal Inland Revenue Service or the Federal Government, and that his administration has been and will always be open and transparent to the people of the state.

The Governor, who added that he has been doing everything to cushion the effects of the economic hardship on the people, warned that leaders should instill confidence and hope in the citizenry in this trying time rather than playing the blame game.

Makinde stated this in Iseyin where he commissioned the newly-renovated multi-billion naira Iseyin Central Mosque facilitated by a legal icon, Ahmed Raji, SAN, hailing the religious harmony in the state as being exemplary.

The Governor decried Akpabio’s reliance on unverified reports, clarifying that states couldn’t get funds from the FIRS, since all revenues go into the Federation Account and belong to the FG, states and local governments.

“The only fund that Oyo State got from the Federal Government outside of statutory allocation was N2 billion out of the N5 billion promised to all states in the wake of the removal of fuel subsidy, adding that the Federal Government had even been asking for the refund of the N2 billion,” he stated.

Makinde added that his government has been doing its best to mitigate the hardship on residents of the state, having been the first to announce and implement measures to cushion the effect of the hardship through the Sustainable Action for Economic Recovery.

He said, “This is a very difficult period in our nation’s history because all of us are aware of what we are going through economically. But for us as an administration, I can say we are the first in Nigeria to announce and implement measures on the 9th of June 2023, to cushion the effect of this policy through SAFER.

“We have been doing our bit. And the reason I came here is for us to talk to ourselves and intensify prayers. So, this is one of the edifices through which we can reach God, though we have done our bit. We have health insurance for our own people, we give farm inputs to our farmers but, at this stage, we need to cry to God.

“For the workers, we have been paying a wage award; N25,000 for workers and N15,000 for pensioners, and we have paid for close to six months. Only last week, I announced an extension for another six months so that we can have the time to conclude the discussion on minimum wage. Well, we know there is much to be done and we will continue to do everything within our power to support our people through this hard time.”

Makinde cautioned that “this is not the time to play politics, as we have real issues that deserve real solutions. But yesterday, I saw the video and read in the news where the Senate President, Senator Godswill Akpabio, made a statement, though he said it was an unverified report, stating that the state governments received an additional N30 billion from the Federal Inland Revenue Service, FIRS, outside of our statutory allocation, in the last few months, to address food security.”

The Governor added, “Please, listen to me loud and clear. I can speak for Oyo State and can also speak for any of my colleagues. This is because, as the Vice Chairman of the Nigeria Governors’ Forum, I know when things are happening.

“If I want to play politics, I will keep quiet and let this slide, but I am not going to let this slide. FIRS cannot give money to any state. It is not possible. All revenues accruing to the country go into the federation account and it is distributed to all tiers of government.  The FG does not give states money. The money in the federation belongs to all of us; it does not only belong to the Federal Government.

“So, if the Senate President, who is the number three citizen in this country, could be quoting an unverified report, people are looking at us as leaders. This is the period that we are supposed to give confidence to our people. It is not the period to start playing politics or to start looking for scapegoats.”

“We need to engage with our people. If our policies are not working, we need to listen to the people and amend them. So, if the number three citizen had nothing but an unverified report, why did he need to say it? Does his statement give confidence to the people or solve the problem of hunger and anger in the land?” he queried.

“Let me say it clearly, as for Oyo State and for most of my colleagues, there is nothing like N30 billion being given to states for food security and I stand to be challenged.

“Yes, the Federal Government promised the states N5 billion and out of that, it only gave N2 billion and they are even asking that the N2 billion should be refunded right now.

“It is the responsibility of the Federal Government to manage the fiscal situation in Nigeria and manage the inflationary trend we have in the country right now.

“We have been transparent about everything we are doing here and this is the time for us to stay together as a nation to solve the problems we are facing. It is not the time to engage in blame games and propaganda. Hunger and anger are real and, as leaders, we must address them.”

Also speaking, the Sultan of Sokoto, Sa’ad Abubakar, appreciated Makinde for attending the event and for speaking passionately as expected of leaders, saying the state governor is on the right track.

Earlier, the facilitator of the Iseyin Central Mosque renovation project, Raji, appreciated the governor for his presence, urging citizens of the country to continue to pray for its leaders and to pray to God to lessen the burden of the people.

The Punch

Related Topics:
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Headlines

UK PM Burnham Unveils 10-Year Plan, Begins Cabinet Overhaul

Published

21 hours ago

on

July 21, 2026

By

The new British Prime Minister, Andy Burnham, on Monday, unveiled a 10-year plan to tackle the country’s economic and social challenges as he began reshaping his government, with Chancellor Rachel Reeves among senior ministers leaving the Cabinet.

In his first speech outside 10 Downing Street, Burnham said his government would introduce measures to ease the cost-of-living crisis, end rough sleeping, build more council homes and devolve more powers away from Westminster.

“This moment will be a circuit breaker for Britain,” Burnham said, adding that details of the government’s cost-of-living package and how it would be funded would be announced from Tuesday.

According to the BBC, Reeves announced on X that she was stepping down as Chancellor of the Exchequer, describing it as “the privilege of my life” to have served in the role. The broadcaster reported that Burnham had offered her another senior cabinet position, but she declined.

The cabinet reshuffle also saw Foreign Secretary, David Lammy, Housing Secretary, Steve Reed and Business Secretary, Peter Kyle leave government as Burnham assembled his own team.

Speaking to reporters after his Downing Street address, Burnham said he would examine the tax-free personal allowance ahead of his first Budget in the autumn but acknowledged that raising the threshold would have significant fiscal implications.

He also pledged to reform England’s social care system, saying he did not want to leave office without fixing a problem that had persisted for decades, while reaffirming his commitment to existing fiscal rules.

The BBC also reported that Burnham held his first conversation with a foreign leader after taking office, speaking with U.S. President Donald Trump.

The resignation of the outgoing Prime Minister Keir Starmer saying he was leaving office “with good grace” and “a smile.”

Burnham is expected to continue announcing appointments to his new Cabinet as his administration takes shape, according to the BBC.

Continue Reading

Headlines

Finance Minister Oyedele Defends Nigeria’s Rising Debt

Published

22 hours ago

on

July 21, 2026

By

Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has clarified the sharp increase in Nigeria’s public debt.

Speaking before the Senate Committee on Finance on the state of the nation’s economy on Monday, Oyedele attributed the increase to naira depreciation and accounting adjustments rather than fresh borrowing by the Bola Tinubu administration.

Oyedele was responding to questions from the senator representing Kebbi Central, Adamu Aliero, over claims that the current administration had borrowed about N80 trillion in addition to the N75 trillion public debt it inherited.

According to the minister, comparing the country’s debt stock at the start of the administration with the current figure without accounting for exchange rate movements created a misleading impression.

“When this administration came into office, public debt was around N75 trillion. Many people simply compare that figure with today’s debt stock and conclude that this government has borrowed massively.

“However, it is important to note that, following the reforms and the depreciation of the naira, the foreign currency component of our public debt had to be revalued because Nigeria reports its debt in Naira. That accounting adjustment alone added more than N40 trillion to the public debt figure,” he said.

He added that the securitisation of the Ways and Means advances inherited from the previous administration also contributed significantly to the increase in the debt stock.

The minister further said that much of the government’s domestic borrowing was used to refinance existing debt rather than accumulate new obligations.

According to him, the Tinubu administration had adopted a prudent borrowing strategy focused on infrastructure and long-term economic growth.

Continue Reading

Headlines

ADC Tells Tinubu to Resign As World Bank Reveals 139million Nigerians Live in Poverty

Published

2 days ago

on

July 20, 2026

By

The African Democratic Congress (ADC) on Saturday asked President Bola Ahmed Tinubu to resign rather than seek re-election, asserting that the World Bank’s recent report showing that 139 million Nigerians live below the poverty line is his scorecard.

The ADC, in a statement by its spokesperson, Bolaji Abdullahi, said the World Bank’s report, which also estimated that 17 million Nigerians are at risk of starvation, was “disturbing.”

“The evidence of 139 million people living in poverty and 17 million at risk of starvation is President Tinubu’s scorecard,” the party said. “On account of this catastrophic failure alone, President Tinubu should be contemplating resigning from office rather than seeking re-election.”

It decried that the “catastrophic” situation was occasioned by the Tinubu administration’s policies, which it said, “have favoured money over people and statistics over survival.”

The opposition party maintained that the economic growth Mr Tinubu’s government has repeatedly boasted of as a result of its economic reforms is “meaningless” if the livelihoods of people at the grassroots have yet to improve since 2023, when he assumed office.

“Instead of changing course, the government has stubbornly stuck with its ruinous economic policies and even continues to market recklessness as courage and wickedness as ‘necessary pains.’

“However, three years down the line, it is now clear that the chicken has come home to roost,” the ADC said.

According to the party, Nigeria desperately needs a leader who truly cares about citizens’ well-being and understands that economic reforms should improve citizens’ lives, not worsen their misery.

“A president whose government is not openly feasting while asking the people to continue fasting. A government that does not wallow in profligacy while handing the people palliatives,” it added.

The party condemned the ruling APC’s social intervention programmes aimed at cushioning the effects of its economic policies, adding, “Poverty cannot be defeated through palliatives.”

The ADC pledged that if elected in 2027, it would tackle the root causes of hunger by reducing energy costs, enhancing food production, and ensuring that farmers returned to their farmlands.

It also vowed to rehabilitate the 264 abandoned dams, improve access to fertilisers and quality seeds, and invest in storage facilities.

According to the party, transportation, waste, and food prices would be reduced while creating productive jobs.

“Hunger cannot be separated from poverty, education, or healthcare. That is why an ADC government will prioritise nutrition, primary healthcare, quality basic education, and skills development because no nation can build a prosperous economy while millions of its children are hungry, out of school, or cannot read simple texts,” the party said.

Continue Reading