EXCLUSIVE: Governors ask Buhari to take 33 steps to rescue Nigeria's economy

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Nigerian governors advised the President Muhammadu Buhari-led government to take some urgent steps as part of coordinated efforts to instil fiscal discipline and prevent the nation from economic collapse.

Earlier in the week, a PREMIUM TIMES analysis of Nigeria’s external reserves revealed that the figures amount to only $15 billion, well below the $36 billion balance on the gross external reserves claimed by the central bank. With the nation spending N5.9 trillion on imports in the first quarter of the year, reserves of $15 billion would barely cover four months of imports.

11. 2023 – 2025 MTEF to be revised and updated to reflect above expenditure management measures and Government’s commitment to restore fiscal discipline.13. Reduce fiscal deficit to no more than 2 per cent of GDP in 2023 – 2025. 23. Persons earning less than N30,000 per month whether employed or not, including farmers and traders should pay a monthly FPIT of N100.

28. Provide incentives and resolve issues to expedite development of vandalism-resistant deep offshore fields like Bonga SW , Preweoi , Zabazaba and Owowo . The governors made the recommendations on the CBN after determining that the naira exchange rate has deteriorated because:

 

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Sometime ago, while the national borrowing saga was raging, some pundits declared that Nigeria will get to a phase whence each citizen will be asked to contribute in repayment of debts incurred by incumbent administration. This is slowly but steadily manifesting.

Meaning: they're not poor enough, impoverish them more 😑

Wait for it. If you make mistake to elect Tinubu, he will tax even the dead.

What exactly is this government doing for the citizens that they want to finish our lives? Citizens that barely eat are been profiled for tax that will be looted by greedy officials?

This, to an already suffering mass. What about high government officials' salaries and transparency in the oil sector!

😀😀😀

U sha want to kill us in this contri.........Eni kure

All these MONGRELS know is taxes even when the taxes already paid was embezzled by you all🤡🤡🤡

And what happens to the 7.5% VAT? You reduced it ? You know what? just go ahead.

Is this playing, they are always at the end of tasking the citizens without providing for them , clown rulers

Start by cutting travels with private jets and sleeping over at expensive hotels. Also, sell off cars from your wasteful convoys. As for PMB he should block waste and leakages. No sense give a foreign govt money you claim you dont have. Very dumb policy.

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EXCLUSIVE: Governors ask Buhari to take 33 steps to rescue Nigeria's economyThe governors were concerned about the deteriorating state of the economy and the ripple effect on the nation ahead of the 2023 general elections. Long overdue. Hahaha 😂😂.. Change even take one step since 2015? Abeg guys don't bother yourselves.. He knows what he's doing So how many him come take 🙄
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