News
It favours Lagos over the North – Kano Reacting to FG’s sharing formula for N500bn palliative
Governor Abba Kabir Yusuf of Kano State has kicked against the federal government’s sharing formula for the recently approved N500 billion palliative. The federal government had said that it would use the Bank of Industry to support small-scale industries across geopolitical zones.
Commenting on the sharing formula, Governor Yusuf who spoke through his deputy, Comrade Aminu Abdussalam, said the distribution was heavily skewed in favour of Lagos state and the South-South zone to the disadvantage of other states and zones.
He noted that Lagos will be receiving 47% of the allocation, followed by the South-South Zone with 17%, with other regions receiving significantly lower percentages. This is unfair, unconstitutional, and illegal, Yusuf said during a meeting with representatives from the Kano Cooperative Society at the state government house.
He called on relevant authorities, including members of the National Assembly to rectify the situation and take appropriate action against those responsible.
-
Gist6 days ago
My Boss Used To ‘KNACK’ My Wife After Sending Me On A Mission, To The Extent She Got… – Ex-soldier
-
News5 days ago
Cooking Gas Price Has Fallen
-
Politics6 days ago
Revealed: What Access Bank Said About Its Dealings With Yahaya Bello
-
Sports4 days ago
Finidi agrees deal with NFF, names three foreign assistants
-
News5 days ago
Read How Auxiliary Was Whisked Away By Masked Security Agents as Family member Speaks
-
Politics4 days ago
Atiku Says Tinubu’s Son Is A Director In Company Related To Coastal Road Contract
-
News5 days ago
ERA OF GIVING OIL BLOCS TO POLITICIANS AS PATRONAGE IS OVER SAYS LOKPOBIRI
-
News5 days ago
Governor Diri Hails FG Over Siting of Oil and Gas Institute in Bayelsa