Governors elected under the platform of the ruling All Progressives Congress (APC) have cried out to President Muhammadu Buhari to bail them out of their present economic difficulties, even as they gave an indication that the crisis rocking the party might soon come to an end following their decision to intervene.
Chairman of APC Governors’ Forum and governor of Imo state, Rochas Okorocha who disclosed this at a media parley after a five-hour meeting with 11 other APC governors in Abuja today said the problem rocking the party will soon be resolved.
They begged the federal government to bail out states as they struggle to pay workers’ monthly salaries, adding that the dwindling oil revenue has put governors under harsh pressures hence the need to plead for immediate bailout by the federal government.
According to him: “We the governors of the progressive party met today to review the state of the economy. We also met to review the issues as it affect our great party. First, on the economy of the nation, we are concerned and worried by the dwindling revenue of the states which today has affected negatively the lives of our people.
“It has become so serious and urgent actions must be taken for a bail out for the states. States are not getting better either. We sat down to review what steps could be taken. We are calling for today overhaul of the system to block all the leakages in our economy.
“We have realised that what we are going through today is as a result of the poor management of our economy in the recent time. The APC government met a near empty treasury. This has become very worrisome, not just for us, but for the entire nation.
“We also have congratulated the leadership of the National Assembly. That is the leaders of the National Assembly. We are aware that the process attracted a lot of disagreement here and there. We the governors of the party have resolved to embarked on a peace process to make sure that we return as members of one family we have always been.
“We have also discussed to strengthen our party. This is the party that brought change and that change must stand. We will make the party meet the desires of our great members. We are ensuring Nigerians that we will remain focused and and address some of the issues.
“We have some natural challenges in the country because of the drop in oil price and the issue of oil theft. There are other issues like the crude swap. We have the gas revenues which has never reflected before. We have the mismanagement of oil subsidy. Few year ago, we paid about N200 nillion. Today, it is about N1.4 trillion. We are worried.”