Governor Ayodele Fayose of Ekiti State has told the
Federal Government to perish the thought of
imposing the Treasury Single Account (TSA) on
States, pointing out categorically that the
Federal Government was not in the position to
counsel or force any State to accept policies that are
not working for those that introduced them.
Governor Fayose said in a press statement issued on
Friday, by his Special Assistant on Public
Communications and New Media, Lere Olayinka that
“the Federal Government should rather face the
dwindling economy of the country instead of going
about grandstanding on a TSA policy that was already
tainted with fraud.
Minister of Budget and National Planning, Senator
Udoma Udo Udoma, had called on States to accept
the TSA.
Reacting, Governor Fayose likened the Federal
Government to a blind man trying to lead people who
can see clearly, saying, “The same minister whose
office could not prepare a simple budget should
not assault the sensibilities of Nigerians by telling
States to accept a TSA policy that is characterised
with fraud.”
He said up till now, the Federal Government was yet
to explain the alleged N25 billion naira scam allegedly
perpetrated in the name of the TSA, adding that “the
TSA policy was aimed at enriching some individuals
for doing virtually nothing and that can be seen in the
discovery of N25 billion that was said to have accrued
to just a single company in one month!”
The governor, who maintained that President
Muhammadu Buhari lacked the required mental
capacity to rescue the country from the present
economic problems, added that it was an insult for a
federal government that appeared to be clueless to
be preaching its unworkable policies to other tiers of
government.
“The rate at which Dollar is rising, we will soon begin
to talk about one Us Dollar being equivalent to N500.
As at today, it is already more than N400 to $1.
“Workers are being sacked on a daily basis, while
prices of goods are rising astronomically and Foreign
Reserve is declining on daily basis. Yet, all that this
All Progressives Congress (APC) and
President Buhari’s Federal Government can be
preaching is for States to accept TSA as if that will
stem the tide of the rising hunger and sufferings that
is ravaging Nigeria.
“Methinks these people should just face the reality of
their failing government and seek for help from those
who know better than them instead of carrying with
this attitude of ‘we know it all’ so that the economy
of this country will not collapse totally.”
Source: Vanguard
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