Wednesday, April 23, 2014

Excess Crude Account: Governors to charge FG to court


The governor of the states in Nigeria disagree with the FG over deductions from the Excess Crude Account to offset fuel subsidy.

The Nigeria Governors Forum, NGF, on Thursday said it would return to court to challenge the Federal Government’s deductions from the Excess Crude Account, to offset fuel subsidy payments.

The Chairman or the NGF, Chibuike Amaechi, said this at the forum’s meeting in Abuja.

Mr. Amaechi stated that the NGF unanimously took the decision after long deliberations to get the court to compel the Federal Government to adhere to the provision of the constitution.

“On the Excess Crude Account, forum unanimously decided to head back to court to enforce the Federal Government’s adherence to the constitution,’’ he stated.

The forum at its July 12 meeting threatened to take legal action against the Federal Government for making deductions from the excess crude accounts to offset fuel subsidy. It criticised the continued deduction of oil subsidy from the excess crude accounts, saying the deduction negated the principle of federalism and budgetary provision.

The governors at the forum expressed support for the good governance tour as conceived by the National Economic Council, NEC, saying that the tour would showcase their achievements in various sectors.

The tour would commence on Thursday in the Federal Capital Territory, FCT.

The governors also resolved to eradicate polio through various strategies, including deepening advocacy and administration of polio vaccines.

The governors’ forum is an umbrella body of the 36 elected governors of the federation.

The meeting was attended by the governors of Rivers, Cross River, Ekiti, Ondo, Anambra, Kogi, Lagos, Niger, Gombe, Adamawa, Yobe, Taraba, Enugu, Jigawa, Delta, Plateau, Ondo, Abia, Ogun and Oyo states.

Others are: Kogi, Akwa Ibom, Niger, Kwara, and Nasarawa states among, while Imo was represented by the deputy governor.

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