Buhari’ll inherit empty treasury, APC govs raise the alarm

Forum of Governors of the All Progressives
Congress (APC) has expressed concern over the
deplorable economic situation of the country,
lamenting that the President-elect, Gen
Muhammadu Buhari, would inherit an empty
treasury from President Goodluck Jonathan’s
administration on May 29.
Imo State Governor, Rochas Okorocha, who
dropped the hint while addressing the media after
the meeting of the Forum that lasted several
hours at Imo Governor’s Lodge on Monday, also
warned that feelers indicated that it might be
extremely difficult for both the federal and state
governments to pay salaries of workers for the
months of May and June.
Commenting on the economic situation of the
country, the Imo governor said: “We must admit
that the Nigerian economy is in a bad shape and
it is obvious that most governors will not be able
to pay the salaries of workers in their states.
There is no magic for any governor to pay
salaries under this present situation.
“We hope to present it to the President-elect,
Gen Muhammadu Buhari, as one of those
challenges the states and federal governments
are facing in terms of payment of salaries. It has
become obvious that both governments may not
pay April and May salaries.
“We have an incoming president who will inherit
an almost empty treasury. The situation paints
bold pictures of the challenges we have ahead of
us. The truth is that the state of our economy is
in a very bad shape, which we need to discuss
with the president-elect, make some projections
with him and see how we can move the country
forward,” he said.
The former presidential aspirant had, while giving
an insight into what transpired at the meeting,
said: “This is the first introductory meeting to
deliberate on all that took place during the just
concluded elections, the challenges, merits and
demerits. The meeting also created an avenue
for the APC governors to familiarise ourselves
with each other.
“It is on record today that APC has 22 governors-
elect, while we are even looking forward to
getting more.”

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