Would you like to receive notifications on latest updates of the following headlines?

Peter Obi Reacts To N1.1 Trn Hardship Funds To Governors

POSTED ON March 1, 2024 •   Local News      BY Samuel O . Adeniyi

Peter Obi, the 2023 Labour Party presidential candidate, has raised concerns about the recent N1.1 trillion disbursement to state governors.

"While commending the federal government's support, details of the N30 billion per state allocation must be explained," Obi stated, emphasizing the need for public scrutiny to ensure the funds benefit the intended beneficiaries.

Obi urged authorities to prioritize productive ventures instead of "throwing scarce money at immediate problems."

He called for an "articulated plan" to invest in production, advocating for a shift from consumption to sustainable growth.

"Human development is key," Obi declared, highlighting the importance of investing in education and skills training to address Nigeria's challenges.

"This is the spirit of the New Nigeria we seek," he concluded, emphasizing his vision for a nation focused on long-term development and prosperity.

Obi's statement comes amidst growing concerns about the effectiveness and transparency of government spending, particularly during periods of economic hardship.

With Nigeria facing a challenging economic climate, many citizens share Obi's desire for a clear and accountable allocation of resources to address poverty and stimulate growth.

The government has yet to respond to Peter Obi's specific requests for detailed information on the disbursement.

https://twitter.com/PeterObi/status/1760931388126105767

However, his call for transparency is likely to resonate with many Nigerians who are eager to see public funds used effectively to improve their lives.

The debate over the N1.1 trillion disbursement highlights the ongoing challenge of balancing immediate needs with long-term development goals.

Obi's call for transparency and investment in human capital offers a potential roadmap for a more sustainable future, but its implementation will depend on the commitment of both the government and the public to hold each other accountable.

It remains to be seen how the government will respond to Obi's concerns and whether the N1.1 trillion disbursement will be used effectively to alleviate hardship and stimulate long-term growth.

READ ALSO
Reps Launches Committee to Review CNG Policy Implementation
BY Abiodun Saheed Omodara June 27, 2025 0

The House of Representatives has formed an ad-hoc committee tasked with examining the Federal Govern...

READ ALSO
Governors, FG Unite to Tackle Food Security Challenges
BY Abiodun Saheed Omodara June 20, 2025 0

The 36 state governors have come together to collaborate with the Federal Government on harmonizing...

READ ALSO
Tinubu to Launch Multiple Development Projects Today in Kaduna
BY Abiodun Saheed Omodara June 19, 2025 0

KADUNA, Nigeria - President Bola Tinubu is anticipated to arrive in Kaduna State today for the inaug...

READ ALSO
Lagos Commissioner Urges Startups to Revolutionize Agriculture
BY Abiodun Saheed Omodara June 11, 2025 0

LAGOS, Nigeria (NAN) - The Commissioner for Agriculture and Food Systems in Lagos State, Abisola Olu...

READ ALSO
Police Begins Manhunt for Boko Haram Army Supplies
BY Abiodun Saheed Omodara June 9, 2025 0

A massive manhunt is underway to track down a suspected arms dealer believed to be supplying weapons...

READ ALSO
Troops Kill Boko Haram Commander in Yobe
BY Abiodun Saheed Omodara June 9, 2025 0

A Boko Haram commander, Malam Jidda, has been killed by Nigerian Army troops, bringing relief to res...

READ ALSO
Enugu Proposes Bill to Curb Criminal Activities Linked to Traditional Practitioners
BY Abiodun Saheed Omodara June 5, 2025 0

ENUGU, Nigeria - Enugu State Governor Peter Mbah has proposed an Executive Bill to the Enugu State H...

READ ALSO
Controller General Issues Urgent Security Directive for Correctional Facilities
BY Abiodun Saheed Omodara June 4, 2025 0

The Controller General of Corrections, Sylvester Nwakuche, has issued a strict order to all Zonal Co...

OUR CHANNELS:

UNIUYO Medical Lecturers Begin Indefinite Strike over VC appointment
BY Abiodun Saheed Omodara June 30, 2025 0

Medical lecturers at the University of Uyo, affiliated with the Medical and Dental Consultants Assoc...


Nigeria and Saint Lucia Unite for Mutual Growth
BY Abiodun Saheed Omodara July 1, 2025 0

President Bola Tinubu and Prime Minister Philip J. Pierre agreed on Sunday to establish formal diplo...


Tinubu Empowers ICRC to Streamline PPP Processes
BY Abiodun Saheed Omodara June 30, 2025 0

President Bola Tinubu has authorized the Infrastructure Concession Regulatory Commission (ICRC) to e...


PDP Rejects Expanded National Caucus Proposal, Sticks to Planned NEC Meeting June 30th
BY Abiodun Saheed Omodara July 1, 2025 0

As the People’s Democratic Party faces internal conflicts, Deputy National Chairman (South), T...


Boston's Museum of Fine Arts Returns Looted Benin Artworks to Oba Ewuare II
BY Abiodun Saheed Omodara July 1, 2025 0

The Museum of Fine Arts in Boston has returned two looted artworks from the Benin Kingdom, which wer...


Nollywood Actors Accuses Tinubu , Sanwo-Olu Campaign Teams of Betrayal
BY Abiodun Saheed Omodara June 30, 2025 0

Nollywood actor Fatai Adetayo, known as Lalude, has accused the campaign teams of President Bola Tin...


NDLEA Nabs Ex-International Player in Major Drug Bust
BY Abiodun Saheed Omodara June 30, 2025 0

The National Drug Law Enforcement Agency (NDLEA) has detained former international footballer Segun...


Tinubu's Visit to Saint Lucia: A Diplomatic and Cultural Milestone- Presidency
BY Abiodun Saheed Omodara June 30, 2025 0

The Presidency defended President Bola Tinubu’s current state visit to Saint Lucia on Sunday,...


Canada Tightens PGWP Eligibility, New Fields of Study Added, Others Removed
BY Abiodun Saheed Omodara June 29, 2025 0

Canadian authorities have made it more difficult for international students to qualify for post-grad...


Fubara Expresses Disappointment Over Conditions for Return to Office
BY Abiodun Saheed Omodara June 30, 2025 0

RIVERS, Nigeria- Suspended Rivers State Governor, Siminalayi Fubara, has expressed his disappointmen...


More Articles

Load more...

Menu