Recovered Abacha looted funds: Govs to engage FG to recognise states in distribution of proceeds

The Nigeria Governors Forum (NGF) which comprises of thirty-six State Governors in a communiqué issued at the end of the NGF’s 8th teleconference meeting resolved to engage the Federal Government to ensure that state governments are recognized as shareholders in the distribution of proceeds from recovered Abacha stolen funds.

The Governor’s agreed to engage with the federal government to ensure that the governance arrangement of all federation-funded investments recognize State governments as shareholders in the distribution of proceeds and decision making.”

The communiqué signed by Governor Fayemi reads: “We, members of the Nigeria Governors’ Forum (NGF), at our meeting held today deliberated on the COVID-19 pandemic in the country and resolved as follows:

“The NGF Chairman briefed state governors on existing coordination activities with the Presidential Taskforce (PTF) on COVID-19, multilateral and bilateral partners, and the private sector through the coalition against COVID-19 (CACOVID).

The governors have also set up a Committee that would interface with the federal government on the next Medium-term National Development Plan that would help mitigate the impact of the Coronavirus, COVID-19 crisis

The setup committee are: Governors Kayode Fayemi of Ekiti State; Bala Mohammed of Bauchi; Abubakar Atiku of Kebbi; Simon Lalong of Plateau; Udom Emmanuel of Akwa Ibom and Okezie Ikpeazu of Abia to engage the federal government on the next Medium-term National Development Plan.

A second Committee comprising the Governors of Gombe, Nasarawa, Delta, Ebonyi, Oyo and Kaduna was established to steer the activities of the NGF-NESG Economic Roundtable (NNER) – a sub-national platform of the NGF and the Nigerian Economic Summit Group created to promote sub-national competitiveness through public-private collaboration.”

The Forum also received a briefing from the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, on the Oil and Gas Industry Intervention Initiative on COVID-19, set up by oil and gas operators to provide medical consumables to states, deploy logistics and in-patient support systems, and deliver permanent medical infrastructure across the six geopolitical zones.

“Governors commended NNPC for leading the industry to take the initiative and advised the group to prioritise interventions that will boost the country’s testing capacity and the capacity of health workers who are at the frontline of the epidemic.

“Following an update from the Governor of Edo State, Godwin Obaseki on the operation of the World Bank States Fiscal Transparency, Accountability and Sustainability (SFTAS) project which is supporting a strong pro-poor fiscal response to mitigate the impact of the COVID-19 pandemic, state governors agreed to take additional measures to strengthen their public financial management systems, including a revision of their 2020 budgets and the amendment of State procurement guidelines to support e-procurement and the participation of small and medium-sized enterprises.

“To fast-track the deployment of e-procurement across States, the forum will be adopting a Software as a Service (SaaS) model with the Kaduna State government providing the framework agreement that other states can leverage on.

“Finally, the Forum congratulated the newly appointed Chief of Staff to President Muhammadu Buhari, Professor Ibrahim Gambari. The Forum wishes him well and looks forward to a fruitful partnership that will support the development of the country.”


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