Governor Fayose of Ekiti blasted the Federal Government that the Treasury Single Account is not workingfor those that introduced it and therefore the government should perish any attempt or plan to introduce it to Ekiti state or in any other state in the country.
He tasked the FG to tackle the dwindling economy instead of focusing on the TSA that is tainted with fraud.
Fayose spoke in reaction to a recent call by the Minister of Budget and National Planning, Senator Udoma Udo Udoma for the 36 states in the country to accept the TSA.
In a statement by his Special Assistant on Public Communications and New Media, Lere Olayinka, 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.
“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!”
President Muhammadu 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 failinggovernment and seek for help from those who know better than theminstead of carrying with this attitude of ‘we know it all’ so that theeconomy of this country will not collapse totally.”
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