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Thursday, March 28, 2024

Keep Your TSA, We Are Not Interested, Fayose Tells FG

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Ekiti State Governor, Mr Ayodele Fayose has told the Federal

Government to perish the thought of imposing the Treasury Single

Account (TSA) on States, pointing out categorically that the Federal

Government was not in the position to counsel or force any State to

accept policies that are not working for those that introduced them.

 

Governor Fayose said in a press statement issued on Friday, by his

Special Assistant on Public Communications and New Media, Lere

Olayinka that “the Federal Government should rather face the dwindling

economy of the country instead of going about grandstanding on a TSA

policy that was already tainted with fraud.

 

Minister of Budget and National Planning, Senator Udoma Udo Udoma, had

called on States to accept the TSA.

 

Reacting, Governor Fayose likened the Federal Government to a blind

man trying to lead people who can see clearly, saying; “The same

minister whose office could not prepare a simple budget should not

assault the sensibilities of Nigerians by telling States to accept a

TSA policy that is characterised with fraud.”

 

He said up till now, the Federal Government was yet to explain the

alleged N25 billion naira scam allegedly perpetrated in the name of

the TSA, adding that “the TSA policy was aimed at enriching some

individuals for doing virtually nothing and that can be seen in the

discovery of N25 billion that was said to have accrued to just a

single company in one month!”

 

The governor, who maintained that President Mohammadu Buhari lacked

the required mental capacity to rescue the country from the present

economic problems, added that it was an insult for a federal

government that appeared to be clueless to be preaching its unworkable

policies to other tiers of government.

 

“The rate at which dollar is rising, we will soon begin to talk about

one Us Dollar being equivalent to N500. As at today, it is already

more than N400 to $1.

 

“Workers are being sacked on a daily basis while prices of goods are

rising astronomically and Foreign Reserve is declining on daily basis.

Yet, all that this All Progressives Congress (APC) and President

Buhari’s Federal Government can be preaching is for States to accept

TSA as if that will stem the tide of the rising hunger and sufferings

that is ravaging Nigeria.

 

“Methinks these people should just face the reality of their failing

government and seek for help from those who know better than them

instead of carrying with this attitude of ‘we know it all’ so that the

economy of this country will not collapse totally.”

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