30 May, 2013

FG SHOULD REMOVE FUEL SUBSIDY – YUGUDA

Governor Isa Yuguda of Bauchi State has urged Nigerians to support the Federal Government’s plan to completely remove fuel subsidy to enable state governments get more funds to execute projects. He spoke while featuring on the state-owned television, BATV, as part of activities marking the Democracy Day, stressing that the plan to remove the subsidy was not meant to bring untold hardship on Nigerians as it would increase monthly allocations to states from the federation account. The governor said the monthly allocation of the state is only 3.5 billion, insisting that the amount is insufficient for the government to meet the yearnings and aspiration of the people, just as he added that the delay in completion of some projects was due to dwindling resources.

He, however, assured that the long awaited Alkaleri–Futuk and Ningi–Burra road will be completed before the end of this year to open up development and boost economic activities in the state, stressing that his administration is committed to settling arrears of pensioners in the state and working hard towards ensuring that Federal Government releases part of the funds for the payment. On the internally generated revenue, the governor said the state generates only N200 million as against the set target of over N1 billion and attributed it to non-payment of taxes, urging people of the state to imbibe the culture of paying taxes to enable government embark on more meaningful projects.
Source: My Daily Newswatch


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