Connect with us

News

Tinubu Speaks on N573bn grant as governors deny receipt

Published

on

President Bola Tinubu has broken the silence after some governors denied receiving the ₦573 billion grants to cushion hardship in their states.
Naijablitznews.com recalled that on Sunday August 2, 2024, President Tinubu in his nationwide broadcast to Endbadgovernance protesters disclosed that the Federal Government has disbursed ₦570bn to the 36 states.
He said: “Also, more than ₦570bn has been released to the 36 states to expand livelihood support to their citizens, while 600,000 nano-businesses have benefitted from our nano-grants. An additional 400,000 more nan0-businesses are expected to benefit”.
However Governor Seyi Makinde of Oyo State and some other governors said they never received such grants which has now sparked controversy over the payment.
President Tinubu through his Senior Special Assistant to the President on Media and Publicity, Temitope Ajayi, has now addressed the controversy.
The Presidency clarified that the ₦573 billion is a loan from the World Bank, not a grant.
Ajayi, explained that the loan is part of the Covid-19 livelihoods support scheme under the NG-CARES Programme funded by the World Bank.
“They are not denying. They are saying it is not a grant, a dash from federal government. That it is a loan from World Bank
“I think the issue is not whether it is a loan or grant. The point, as clearly stated in the President’s broadcast is that the states got money and the amount, which is the second tranche under the Covid-19 livelihoods support scheme under the NG-CARES Programme funded by the World Bank, is N570 billion.
“The fact of the matter is states are getting needed support and funding to improve the lives of the people. Meanwhile the World Bank facility is guaranteed by the federal government because every multilateral loans must have Sovereign guarantee which means the loan will be paid by the FG in case the sub-nationals are unable to pay.
“There should be no hue and cry by any governor really if the objective is to serve the people and make life better for the masses. The President is elected to make life better for citizens same way the governors are elected to do same in their respective states.
“President Tinubu will continue to work to expand the economy and enable shared prosperity for all Nigerians. He considers the Governors as partners in progress and in the job of nation-building.
“What can’t be denied is that the states have more resources to deliver better service to the people, especially in critical areas of education, healthcare, security and physical infrastructure like roads among others.
“I think the issue here is one or two governors trying to reduce the matter to semantics. It is much more than that. The fact remains that the federal government paid the states the money and the N573 billion is actually the second tranche. The first tranche was paid sometimes in October or November last year”, he said
Continue Reading
Advertisement
Click to comment

Leave a Reply

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

News

Senator Abaribe welcomes arrest of Simon Ekpa

Published

on

The lawmaker representing Abia South, Senator Abaribe, said the arrest of separatist agitator Simon Ekpa in Finland is a welcome development.

The lawmaker stated that the arrest would deter purveyors of violence in the southeast region from continuing the mayhem being unleashed in the region.

According to him, Ekpa and his supporters are hiding behind the Biafra agitation to perpetrate crimes in the region.

In an interview with Channels TV, Abaribe said: “The arrest of Simon Ekpa is something that is very very welcome because this will tell all those people at home, who are purveyors of violence and instigated by Simon Ekpa that he actually said that he is just a content creator and not a serious person.

Advertisement

“We have always said that his activities in South East are totally wrong and not what Ndigbo stands for.

“The quest by the IPOB seeking non-violence referendum was turned by all these criminals. They are using IPOB to cause mayhem in the South-East.”

Continue Reading

News

Nigerian military kills several IPOB members, recovers bombs, pump-action guns

Published

on

The Nigerian military said its troops of Operation Udo Ka have neutralised several suspected members of the Indigenous People of Biafra, IPOB and its security wing, the Eastern Security Network, ESN, in Imo State.

The Nigerian Army Headquarters stated this in a post on its official Facebook page on Monday.

The post said the operation was carried out along the Ekeututu–Ihiteunansa Road in Orsu Local Government Area of the state.

According to the post: “During the operation, the troops encountered suspected IPOB/ESN members. In the ensuing engagement, several of the suspected criminals were neutralized.

Advertisement

“Captured items included pump-action guns, improvised explosive devices (IEDs) and IED-making materials, as well as charms.

“The Acting Chief of Army Staff, Lieutenant General OO Oluyede, commended the troops for their gallantry and urged them to sustain their efforts in eliminating criminal elements from their hideouts.

“He also reassured the peace-loving people of the South East to carry on with their daily activities without fear.”

Advertisement
Continue Reading

News

Few Months After Retirement From Winners Chapel, Bishop David Abioye Launches New Ministry, Gives Reasons

Published

on

Bishop David Abioye has explained why he’s setting up his own ministry after leaving the Living Faith Church Worldwide, also known as Winners Chapel.

This is coming just after retirement from office as Vice President of Living Faith Church worldwide.

The revered cleric unveiled plans for a new spiritual platform titled Hour of Revival. The maiden edition of the Hour of Revival took place on Saturday at the Velodrome of the National Stadium in Abuja, drawing a large crowd of participants from diverse backgrounds.

Addressing the attendees, Bishop Abioye emphasized that the initiative was a divine directive.

Advertisement

Bishop Abioye further clarified that the revival platform is not his personal project but an ordained mission by God.

He called on participants to embrace personal revival as a pathway to corporate revival, expressing his hope that everyone in attendance would be transformed into fire-catchers and fire-spreaders.

The Hour of Revival, which is open to both saved and unsaved individuals, serves as an interdenominational prayer platform to rekindle spiritual fire and inspire personal and collective renewal.

Advertisement
Continue Reading

Trending

Copyright © 2024 Naija Blitz News