Nigerian Governors Forum Says It Supports The Federal Government’s Plan To Do Conditional Cash Transfers For 6 To 12 Months In 2022, To Vulnerable Nigerians, Because 35 Out Of The 36 State Governors Will Not Have Enough Money To Pay Salaries In 2022 And Beyond

Emerging report indicates that the Governors of the 36 States, under the Nigerian Governors Forum, NGF, have agreed to back the President Muhammadu Buhari Federal Government’s plan to give poor Nigerians N5,000 transport palliative, monthly, for 6 to 12 months, come 2022, after the complete removal of subsidy.

The Governors argued that if the fuel subsidy regime continues, they will be unable to pay workers’ salaries in 2022, and if the government does not support the vulnerable with the planned conditional cash transfer.

The Governor of Kaduna State, Nasir El-Rufai, disclosed this on Tuesday, during the launch of the World Banks’ November 2021, Nigeria Development Update report, in Abuja.

He said: “This is why the Nigerian Governors’ Forum met and agreed to support the Federal Government’s social compact. Withdraw this subsidy by February, use the N250 billion per month that would have been lost between February and May, to do this conditional cash transfer that would put money in the pockets of Nigerians, and alleviate not only the cost of transportation, but the 2-3 percent job inflation that is expected when the subsidy is eliminated. We cannot sustain it. We cannot continue with it.

“I do not want to predict what will happen when 35 out of 36 States cannot pay salaries of Civil Servants, or even have any money to run the government. We will not have enough money to pay salaries. Already, some States are building up arrears, even oil-producing States are struggling to pay salaries.

“So, we support the plan to do conditional cash transfer for 6 to 12 months, N5,000 a month to the most vulnerable households. This is the position of the State Governments, and I have been mandated to communicate this.”

More news later…

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