Tuesday, February 23, 2016

Again, Fayose rejects TSA

Tuesday, February 23, 2016

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."

Written by

Sodiq Oyeleke is a Media, Human Resources, Project Management and Public Relations Practitioner

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