Thursday, Oct 22nd 2020 6:12 PM

Market Digest Nigeria


Give N37bn National Assembly renovation fund to states – SERAP

Socio-Economic Rights and Accountability Project has advised that the N37bn budgeted for the renovation of the National Assembly complex should be given to states to cushion the effect of COVID-19.

The group made the proposition in a letter addressed to the Senate President, Ahmad Lawan, and the Speaker of the House of Representatives, Femi Gbajabiamila. In the letter signed by its Deputy Director, Kolawole Oludare, SERAP suggested that each of the 36 states of the federation and the Federal Capital Territory, Abuja, should be given N1bn.

SERAP said, “We urge you to make major strides to national efforts to deal with one of the greatest threats facing the country by immediately redirecting the N37bn to provide direct and tangible benefits to the poorest and most vulnerable people among us.

“Nigeria is at a crossroads and the National Assembly leaders and members must now decide whether to continue to look after themselves and do little for the country’s poorest or make commitment to redirect the N37bn to help ameliorate the suffering caused by COVID-19 restrictions.  “While some of the authorities’ responses to COVID-19 across the country may be necessary to stop the spread of the disease and save lives, we are concerned that the prevailing situation has taken its toll on the country’s poorest and most vulnerable people who continue to endure the grimmest of conditions in several states and the FCT.”

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

To Top
Get the best of Market Digest Nigeria financial news
delivered to your inbox daily!
By clicking Give it a try, I hereby: Agree and Consent to the Terms of Use and the Privacy Policy
& I may receive free newsletters & promotions from this site and can choose to unsubscribe anytime.