To ameliorate the hardship being
faced by affected workers, the President said that the Federal
Government will strive to make more funds available to the states by
expediting action on refunds due to them for the maintenance of federal
roads and other expenses incurred on behalf of the Federal Government.
He added that he will establish an
inter-ministerial committee to study a Fiscal Restructuring Plan for the
Federation which was presented to him by the governors.
Buhari said that the committee will
review the plan to improve the finances of state governments and make
recommendations on how proposals in the plan should be dealt with by the
Presidency, the Federal Executive Council and the National Assembly
through legislation. He urged the
governors, however, to understand that while he was ready to do all
within his powers to help the states overcome their current financial
challenges, the Federal Government also has funding problems of its own
to contend with.
"You all know the problems we have found ourselves in. You have to bear with us," he told them.
The Chairman of the Governors Forum,
Governor Abdulaziz Yari of Zamfara State and the Governor Nasir
El-Rufai of Kaduna State, who chaired the committee that worked on the
Fiscal Restructuring Plan, asked the Federal Government to do more to
help the states financially.
The governors told the President
that while they had resolved to take other measures to boost their
internally-generated revenue, the implementation of the Fiscal
Restructuring Plan will help them to deal with their funding problems on
short, medium and long-term bases.
They said that if the plan was
adopted and implemented by the Federal Government, states of the
federation will become more financially empowered to fulfil their
constitutional responsibilities.
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