Emmanuel Ugwu-Nwogo in Umuahia
State governors and council chairmen have been advised to make adequate use of the opportunity offered by huge increase in financial resources presently accruing to states, to perform better in governance.
The board member representing Southeast in the North East Development Commission(NEDC), Hon. Sam Onuigbo, gave the advice weekend at the South East Zonal Summit of the Nigerian Institute of Management (Chattered), held in Umuahia.
Onuigbo, who was honoured by NIM with a Distinguished Service Award, observed in post-award remarks that there has been a triple increase in revenue allocation from the centre to the states and LGs since the inception of President Bola Ahmed Tinubu’s administration.
He attributed the surge in financial resources to Tinubu’s courageous removal of oil subsidy, which had been riddled with corruption and wastages of resources that could have been deployed to improve the living standards of the masses.
The two-term member of the House of Representatives, therefore challenged governors and council chairmen to make effective use of the increase in FAAC earnings to engender more development in infrastructure, and improvement in people’s welfare.
“The governors are getting money , more than three times of what they got when I was the Commissioner for Finance (in Abia State). The local governments are also getting more money after the removal of subsidy,” he said.