PDP Governors Warn CBN Against Partisanship Over Bailout Funds
THE Peoples Democratic Party (PDP)
Governors Forum has advised the
Central Bank of Nigeria (CBN) against
becoming a tool in the hands of the
ruling All Progressives Congress (APC) in
the release of bailout funds to states that
deserve them.
The advice is coming on the heels of the
failure of the apex bank in releasing the
bailout fund for Kogi State, while other
states mostly of the APC states have
received theirs.
In a press statement in Abuja yesterday,
Earl Osaro Onaiwu, coordinator of the
PDP Governors Forum, accused the CBN
of having allowed itself to be dictated to
by the ruling APC on which states get the
bailout fund, despite Kogi having
fulfilled all the requirements.
Osaro urged the CBN to insulate itself
from politics and the control of the
ruling party if it does not want to create
political and financial crises in the
country. “How come almost all APC
states that applied for bailout have
gotten theirs but states like Kogi that
have fulfilled all the requirements have
been denied theirs with no explanation
from the CBN?
The CBN governor, Mr. Emefiele, has to
insulate the apex bank from the
shenanigans of politicians to avoid
serious political and economic
dislocation in the country.
“It is important and urgent that the CBN
releases the N50 billion bailout due Kogi
to ease the suffering of the common
people in the state,” Osaro stated.
Also yesterday, the PDP leadership
declared that it was taking serious steps
to rebuild and achieve a generational
change for the party.
Inaugurating a planning committee for
its national stakeholders’ conference
slated for next Thursday in Abuja, the
party’s leadership said its plan was to
rebrand, refocus and make the party
more vibrant.
The 53-member committee to organise
the conference, has owner of DAAR
Communication, Raymond Dokpesi, as
chairman.
Speaking during the inauguration of the
committee at the party’s national
secretariat in Abuja, the Acting National
Chairman, Uche Secondus said the move
has become necessary, as the events of
the last six months of the APC
administration had indicated that the
gains of democracy achieved by his party
are seriously under threat.
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