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N30bn Palliatives: Akpabio Eats the Humble Pie, Apologises to State Governors
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The President of the Senate, Godswill Akpabio, has apologised to the state governors over his comment on the N30bn hardship allowance allegedly paid to them from the federation account.
Akpabio, during plenary last Tuesday, had said an “unverified report” indicated that state governors received N30bn each from the Federal Government to cushion the effect of inflation and high cost of food prices.
He made the comments during deliberation on the alleged N30trn Ways and Means advances from the Central Bank of Nigeria to the former President Muhammadu Buhari’s administration.
The Federal Government in September 2023, said N2bn was released to governors out of the N5bn loan it promised them as a palliative to cushion the effect of the removal of fuel subsidy.
In response to the Senate President’s unverified claims, the Governor of Oyo State, Seyi Makinde, and the Akwa Ibom State government had denied receiving the N30 billion Federal Government’s cash disbursement to states to cushion the effects of the prevailing socio-economic hardship as stated by Akpabio.
However, Akpabio ate the humble pie Monday night when he apologised to the governors and regretted making the statement while relying on unverified information.
The Special Adviser to the Senate President on Media and Publicity, Hon Eseme Eyiboh, said Akpabio held the governors in high esteem.
The statement was titled, “N30bn to state governors from unverified report: I hold governors in high esteem – Akpabio”
It reads in part, “The office of the President of the Senate has been drawn to various misconceptions in the public domain on the statement credited to the President of the Senate in plenary of Wednesday, February 21, 2024, during the presentation of a report of the joint Committees on Finance, Agriculture/Food Sufficiency, Banking and Insurance.
“During the session the President of the Senate commented on the payment of an unverified cumulative sum of about #30bn to the sub-national governments by the Federal Government for various interventions to ameliorate the food situation of our citizens at the sub-national governments.
“The unfortunate conjectures to take away the kernel in the material facts of FAAC payment are rather regretted.
“In considering the well-intended motive of urging state governments to collaborate with the Federal government of President Bola Tinubu to facilitate strategic interventions to mitigate the prevailing economic situation in the country remains the underpinning motivation in the comment.
“The President of the Senate is not oblivious to the fact that state governments are functional partners in all the efforts of the current administration of President Bola Tinubu.
“They are also valuable stakeholders’ in the various legislative engagements of the legislature in creating the nexus between the legislature and the people.
“The President of the Senate has always demonstrated commitment to team building and shall not do less in the circumstance.
“He therefore urges the sub-national governments not to be distracted by any misunderstanding of the context and true meaning of the statement.
“The President of the Senate recognises and appreciates the current efforts of the governors at ameliorating the adverse effects of the current inclement socio-economic environment and therefore invites more hands on the plow to complement the renewed hope agenda.”
ThisDay
Headlines
Tinubu’s Govt Loathes Criticism, Lacks Good Spokespersons, Says Sanusi
The Emir of Kano, Sanusi Lamido Sanusi, has said President Bola Tinubu’s administration sees comments and suggestions as an attack.
Sanusi made the remark while noting that Tinubu’s administration lacks good spokespersons.
The former Central Bank of Nigeria (CBN) Governor, however, said he is not a fan of politicians, but Tinubu’s administration deserves credit.
Speaking at the Oxford Global Think Tank conference convened by Arunma Oteh, Sanusi said: “This government doesn’t express itself properly. It sees every suggestion and contribution it does not like as an attack, and it doesn’t have good spokespersons.
“Let’s look at the good side of the reforms. GDP in Q2 2026 was at 4.48%. It’s not as high as it was under the Yar’Adua/Jonathan government, but during the Buhari years, the economy grew by 0.9%. Today it is at 4.5%. That’s progress. Inflation is down from 30% to 14.6% and is projected to be 12.5% by the end of the year. That is progress.
“GDP per capita in dollar terms has gone up since 2023 by 47%. If we continue at this rate, by the end of next year, GDP per capita will be back to where it was in 2005. Our reserves are at $55 billion, and yes, a lot of it is driven by portfolio flows, which are volatile, but we are lucky that there is a war in the Strait of Hormuz. Oil prices are high. Investors would like to stay in Nigeria because of that and the high returns, and therefore we get the portfolio flows.
“We are also making progress in terms of diversification. 20% of our exports are coming from the Dangote Refinery. There are clearly foundations being laid for stability. It’s not the end, but the first step towards stability.
“I’m not a fan of politicians, but we need to give credit to President Tinubu’s administration for bringing us back from the brink.”
Headlines
Tinubu Redeems $100k Pledge to Super Falcons for 10th WAFCON Victory
President Bola Tinubu has fulfilled his $100,000 promise to the Super Falcons of Nigeria for their historic triumph at the 2024 Women’s Africa Cup of Nations.
Tinubu made the promise to the team after they claimed the title for the 10th time at the tournament.
The Super Falcons staged a dramatic comeback to beat hosts Atlas Lionesses of Morocco 3-2 in the final.
Morocco led 2-0 in the first half, while Nigeria scored thrice after the break through Esther Okoronkwo, Folashade Ijamilusi and substitute Jennifer Echegini.
The Super Falcons, however, failed to successfully defend their crown at the 2026 edition, losing to Cameroon in the quarter-finals.
They also failed to earn a berth at the 2027 FIFA Women’s World Cup.
Headlines
Atiku Counters Alake on Tinubu’s Steady Power Supply Claim
Former Vice President and African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has accused President Bola Tinubu’s administration of failing to fulfil its promise of providing Nigerians with steady electricity supply.
Atiku said the All Progressives Congress (APC) campaign council was attempting to divert attention from the administration’s unfulfilled electricity pledge by highlighting legislation, committees, bonds and power projects.
He stated this on Sunday through Phrank Shaibu, Director of Strategic Communications of the ADC Presidential Campaign Council, in a response to comments by the Minister of Solid Minerals Development, Dele Alake, on the government’s electricity sector reforms.
Atiku said Nigerians continued to grapple with unreliable electricity, forcing households and businesses to spend scarce resources on alternative sources of power while still paying electricity bills.
“APC should spare Nigerians spectacle of celebrating paperwork while homes and businesses remain in darkness. After three and a half years, families still struggle to keep their homes lit. Traders and small business owners spend scarce resources on alternative power, yet struggle to keep their businesses alive. Nigerians are billed for electricity they cannot rely on. President Tinubu promised steady power and an end to estimated billing. That promise has not been kept,” he said.
The former vice-president also faulted the existing electricity band system, arguing that consumers across the different categories continued to experience power failures despite paying varying tariffs.
“Across Nigeria, consumers are placed in Bands A, B, C, D and E and charged different rates. In many areas, Band A customers pay about N209.50 per unit before VAT. Rates for other bands vary by state and electricity provider. Yet across every band, same hardship endures: power fails, but bill arrives,” he said.
He argued that households should not have to choose between paying electricity bills and meeting their basic needs, while businesses should not be charged more for electricity they do not receive.
On the planned removal of electricity subsidies from 2027, Atiku demanded clarification from the Federal government on the implications for consumers, despite assurances that there would be no immediate increase in electricity tariffs.
“Nigerians are entitled to clear answer: what will happen to their bills when subsidy ends?” he asked.
Atiku said he would work with state governments and regulators, within the provisions of the law, to replace the existing band system with what he described as a fair, transparent and affordable electricity pricing framework that would hold distribution companies accountable for the power supplied.
He also recalled Tinubu’s campaign promise during the 2022 presidential election, when the President reportedly pledged to provide constant electricity within four years.
“When President Tinubu campaigned in 2022, he made unmistakable commitment. He said: ‘If I don’t give you constant electricity for four years, when I come back for second term, don’t vote for me.’ Nigerians have lived through those four years. They do not need his campaign council to interpret his words for them. They need him to answer for them,” he said.
The ADC chieftain further questioned the administration’s investment in new electricity generation infrastructure, alleging that it had failed to build a new generation facility to increase the country’s power capacity despite introducing a multitrillion-naira bond programme to settle outstanding debts owed to generation companies.
“Paying old debts is not same as building new power infrastructure. Bonds cannot be presented as substitute for power in people’s homes,” he added.
Atiku also expressed concerns over the application of Value Added Tax (VAT) on electricity and a provision in the Nigeria Tax Act for a five per cent surcharge on certain fossil fuels, including petrol and diesel.
He noted that although the government had said the surcharge had not been activated and would require a ministerial order, Nigerians deserved clarity on the possibility of additional energy-related charges.
“Dele Alake’s statement cannot light a home. Signing a law is not electricity. Raising a bond is not electricity. Approving a project is not power delivered. Nigerians cannot cook, study, work or sustain a business on announcements,” Atiku said.
He maintained that Nigerians expected reliable and affordable electricity, urging the Tinubu administration to account for its campaign promises and the performance of the power sector.






