News

November 9, 2016

Share ecological fund now, govs tell Buhari

Share ecological fund now, govs tell Buhari

President Muhammadu Buhari

Governors yesterday asked the Federal Government to immediately share ecological funds to all the states of the federation .

Acting under the aegis of Nigerian Governors’ Forum, NGF, the governors had earlier had a closed-door meeting with the Minister of Finance, Kemi Adeosun, and governor of Central Bank of Nigeria, Mr. Godwin Emefiele.

Chairman of the Forum, Governor Abdulaziz Yari of Zamfara State, who led the governors to the meeting, said the governors decided to meet the minister to request for the disbursement of the ecological fund to states.

The state governors, who accompanied Mr. Yari to the closed door meeting, were Governors of Imo State, Rochas Okorocha; Kaduna, Nasir El-Rufai; Osun, Rauf Aregbesola; Sokoto, Aminu Tambuwal; Delta, Ifeanyi Okowa; and Katsina, Aminu Masari.

The closed door meeting, which was held at the headquarters of the Ministry of Finance, began at about 2:37 p.m. and ended at about 3:30 p.m.

The ecological fund, which originally received one per cent of the federation account, was reviewed upwards to two per cent in 1992.

Mr. Yari said most of the states faced environmental challenges and as such could not continue to wait when there was a fund that could be used to address the problem.

“We are concerned seriously about the environment. The desertification in the North, oil and gas spills in the South-South and erosion in the South-East.

“And we have a lot of funds in the ecological stabilisation funds. Those funds are not being discussed at the National Economic Council.

“What we discuss at NEC is usually briefing on excess crude account and the federation account. But this fund is not being discussed at that platform.

“We will like to have this fund available every month because those funds are federation funds and we are having so many problems. We need the money,” he said.

Yari said the state governments would also want access to foreign intervention in relation to the environment.

Asked if the states also requested for fresh bailout from the federal government, Mr. Yari said there were no such requests.

He said the states were only asking for disbursement of the ecological fund to address the high level of environmental degradation in their respective domain.

From its inception, ecological fund had been on a first line charge which provides handy resources for amelioration of ecological problems.

The problems include soil erosion, flood, drought, desertification, oil spillage, pollution and general environmental degradation.