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 •   POLITICS      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
LASIEC Awards Certificates to Elected Chairmen and Councillors
BY Abiodun Saheed Omodara July 16, 2025 0

The Lagos State Independent Electoral Commission (LASIEC) has awarded certificates of return to the...

READ ALSO
Obasanjo Advocates for Effective Operators Over a Perfect Constitution in Nigeria
BY Abiodun Saheed Omodara July 16, 2025 0

Former President Olusegun Obasanjo says Nigeria needs the right operators of the constitution, not a...

READ ALSO
Nnamdi Kanu's Release Not a Condition for South-East Support of Tinubu- Umahi
BY Abiodun Saheed Omodara July 6, 2025 0

In light of calls for the release of the detained Nnamdi Kanu, leader of the banned Indigenous Peopl...

READ ALSO
Ongoing Constitutional Review Aims to Empower Nigerians Against Unilateral Changes- Deputy Senate President
BY Abiodun Saheed Omodara July 5, 2025 0

In a significant step towards amending Nigeria's 1999 Constitution, the Deputy Senate President and...

READ ALSO
Aregbesola Urges ADC Supporters to Maintain Civility Amid Political Tensions
BY Abiodun Saheed Omodara July 5, 2025 0

After the formal introduction of the African Democratic Congress (ADC) in Abuja, former Interior Min...

READ ALSO
2027 Election: Aisha Yesufu Urges ADC to Prioritize Youth,Women in Leadership
BY Abiodun Saheed Omodara July 3, 2025 0

Socio-political activist Aisha Yesufu has expressed concerns regarding the makeup of the recently fo...

READ ALSO
We Rendered Oil Smuggling Unattractive, A New Era for Nigeria's Economy - Tinubu
BY Abiodun Saheed Omodara July 3, 2025 0

President Bola Tinubu has proclaimed that his administration has salvaged Nigeria’s economy fr...

READ ALSO
Amaechi Exits APC, Calls for Urgent Restructuring of Nigeria
BY Abiodun Saheed Omodara July 2, 2025 0

A former Minister of Transportation,Rotimi Amaechi,has left the All Progressives Congress (APC).&nbs...

OUR CHANNELS:

151 Senior Police Officers Face Misconduct Hearings- NPF
BY Abiodun Saheed Omodara July 17, 2025 0

The Nigeria Police Force has revealed that 151 senior officers are currently undergoing proceedings...


CPC Loyalists Face Uncertain Future Amid Buhari's Death, Tinubu's Leadership
BY Abiodun Saheed Omodara July 18, 2025 0

The passing of former President Muhammadu Buhari has sparked renewed speculation regarding the polit...


Atiku's Move, 'No Threat to Our Dominance - APC
BY Abiodun Saheed Omodara July 17, 2025 0

Following the resignation of former Vice President Atiku Abubakar from the People’s Democratic...


LASIEC Awards Certificates to Elected Chairmen and Councillors
BY Abiodun Saheed Omodara July 17, 2025 0

The Lagos State Independent Electoral Commission (LASIEC) has awarded certificates of return to the...


FG Unveils Strategy to Enhance Aquaculture and Reduce Fish Imports in Nigeria
BY Abiodun Saheed Omodara July 17, 2025 0

The federal government is committed to reducing Nigeria's reliance on fish imports by enhancing loca...


Obasanjo Advocates for Effective Operators Over a Perfect Constitution in Nigeria
BY Abiodun Saheed Omodara July 17, 2025 0

Former President Olusegun Obasanjo says Nigeria needs the right operators of the constitution, not a...


FG Partners CILSS to Enhance Food and Nutrition Safety in Nigeria
BY Abiodun Saheed Omodara July 17, 2025 0

The Federal Government is intensifying its initiatives to improve food and nutrition safety through...


Awujale's Burial Liberation for Yoruba Traditional Institution - Oluwo of Iwo
BY Abiodun Saheed Omodara July 16, 2025 0

The Oluwo of Iwo, Oba Abdulrosheed Akanbi, has referred to the burial of the late Awujale of Ijebula...


Dangote Aims to Cut Cooking Gas Prices, Plans Direct Sales to Consumers
BY Abiodun Saheed Omodara July 17, 2025 0

President of the Dangote Group, Alhaji Aliko Dangote,  has revealed intentions to lower th...


Meta Cracks Down on Fake Profiles: Over 10 Million Accounts Removed
BY Abiodun Saheed Omodara July 17, 2025 0

Meta, the parent organization of Facebook, has intensified its initiatives to enhance the platform's...


More Articles

Load more...

Menu