By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Saturday, Oct 10, 2026
9News Nigeria
  • HOME
  • EDITORIAL
  • POLITICS
  • NATIONAL
  • SPORTS
  • WORLD
  • BUSINESS
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
9News Nigeria9News Nigeria
Font ResizerAa
Search
  • Editorial
    • OPINION
  • Politics
  • National
    • Breaking News
    • Boko Haram
    • Crime and Investigation
    • Ohanaeze Ndigbo
  • Business
    • Nigerian economy
    • Investment
    • Finance
  • Sports
  • Entertainment
    • Celebrity
    • Entertainment and lifestyle
    • Hollywood
  • World
    • Africa
    • Asia News
    • Australia
    • Europe
  • About Us
    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us
Follow US
Nigerian economy

States are Judiciously Utilizing the FG Intervention Fund – Fayemi

Joseph Adeoye
Last updated: December 22, 2021 10:38 am
By Joseph Adeoye
Share
4 Min Read
images 10
SHARE
Follow & Subscribe Us:
Subscribe YouTubeFollow FacebookFollow XFollow Instagram


The Governor of Ekiti State and Chairman of the Nigeria Governors’ Forum, Dr Kayode Fayemi, has said that the Federal Government intervention funds to states are being used judiciously; on critical challenges.

Fayemi was replying to widespread criticisms trailing the use of the FG’s intervention funds by states.

Speaking to State House Correspondents on Tuesday after a meeting with the President, Major Gen. Muhammadu Buhari (retd.), Fayemi affirmed that such funds have been applied to tackle critical challenges by the recipients.

He explained that “Governors are elected to tend to the affairs of their states, and protect their citizens in the best manner possible. You would recall that the bridge finance that we negotiated with the federal government was precisely that, to bridge the gap that was created by the repayment of the previous facilities, around bailouts, around budget support, and on excess crude support, which Mr President approved in 2017.

“The repayment of those loans had commenced because CBN wanted the money back. And because that would have left us with a very deep hole in virtually all the states, we then negotiated for these to address specific things in relation to workers welfare, in relation to infrastructure development, in relation to improving on the enabling environment for investments in our states, and these are the things that states are spending it on.

“They are very specific, measurable and each state has outlined what this support would cover.”

Tinubu’s 30-Day Fuel discount is a Publicity Stunt — Atiku
FG announces 30-Day Petrol Discount
APC Governors focused on Reform benefits — Uzodinma Briefs Tinubu
Why Kenyan Court Ordered ‘Status Quo’ on Dangote’s $16bn Refinery Land

Dr Fayemi explained that he was at the villa in his capacity as the Chairman of the NGF to brief the President on issues concerning the states as well as commend him for his efforts in stemming insecurity in the country.

He said, “Well, it’s customary, I mean, as chairman of the Nigerian Governors Forum, to always exchange notes with Mr President from time to time, especially in the yuletide season like this, I always find time to come and say hello to Mr President.

“But yes, there will always be issues to discuss between the sub nationals, and the president of the Federal Republic, to commend him for his efforts in trying to stem the tide of insecurity in our country, and to also deal with the economic challenges that we are confronted with.

“On our part as governors, we have had cause during the year to raise issues about insecurity in various domains. We have had cause to raise issues about economic challenges that the country is experiencing, we have had cause to raise other governance-related issues.

“And Mr President has responded to many of those issues, he has stepped in the bridge, he has assisted us as states, even most recently he has supported us with bridge finance, to address some of the economic difficulties that states are experiencing.

“And it’s always appropriate to express our gratitude, even as we continue to raise concerns about aspects of our governance that we still want him to do more on.”

Recommended YouTube Videos on 9News Nigeria TV

You said It's our turn (AWALOKAN), and we voted for you - Woman cries to President Tinubu in Yoruba
We Want Change: Tonto Dikeh, Umar Ganduje, Clamour Need For Youth Inclusiveness
THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN
ECOWAS VS NIGER JUNTA, SUBSIDY REMOVAL HARDSHIP, WIKE TO FACE WRATH OF THE LAW IF...

Powered by www.zebrawebs.com

Like this:

Like Loading…
TAGGED:Kayode FayemiNGFThe Presidency
Share This Article
Facebook Whatsapp Whatsapp Copy Link
What do you think?
Love0
Sad0
Happy0
Surprise0
Angry0
ByJoseph Adeoye
Follow:
Joseph Adeoye is a budding writer with a penchant for satire and humour. He's currently a news correspondent/reporter at 9News Nigeria. Contact him via Twitter @D_KlassiqueOne or you can send him an email at [email protected].
Previous Article images 9 Reps Condemn Kaduna Killings, Tasks FG To Halt the Attacks
Next Article President Muhammadu Buhari FG Declares 27th, 28th December 2021 And 3rd January 2022 Public Holidays
Search
– Advertisement –
Latest News
  • Abducted Kogi councillor dies after days in captivity October 10, 2026
  • Cristiano Ronaldo faces suspension after Portugal national team walkout October 10, 2026
  • Dr Anizoba Tagbo Pays Tribute to Late General Isaac Obiakor (Rtd) October 10, 2026
  • Court Orders Fresh APC Primaries in 10 Plateau Wards October 10, 2026
  • NAF Crash: Families Await Remains as Wedding Dreams Shatter October 10, 2026
  • 10:15: DNKI President Calls for National Renewal, Urges Action on Flooding October 10, 2026
  • 2027: Presidential Candidates Must Offer More Than Promises October 10, 2026
  • Tinubu’s 30-Day Fuel Relief: Gimmick or Real Cushion? October 10, 2026
  • NYSC Release: Parents’ Ransom Claims Contradict Imo Police October 10, 2026
  • Imo CP Orders Probe into Alleged Extortion by Traffic Warden, Guards October 10, 2026
– Advertisement –
9News Nigeria
  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us
World News
  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Global Economy
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics
News Categories
  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • Sober House
  • National Security
Entertainment and Lifestyle
  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships

You May also Like

FG
Nigeria NewsNational

FG expands shared MSME Facilities to help Small Businesses

September 29, 2026
Screenshot 20260917 143443 1
Latest NewsNigerian economy

NLC demands government intervention as petrol prices soar

September 17, 2026
Nigeria Statistics and Population Data
OPINIONAfrica

Nigeria’s National Data Deficits and Impact on Government Policies

September 14, 2026
Dangote Refinery
Nigeria NewsNational

Nigeria now Europe’s largest Jet Fuel Supplier — Dangote

September 14, 2026
FG
NationalEducation

FG to provide Students with 100MB Free Data

September 11, 2026
Atiku
Latest NewsNational

We will restore Subsidy through a production model — Atiku

September 11, 2026
Show More
  • More News:
  • Europe News
  • National News
  • Politics
  • 9News Nigeria - Nigeria Breaking News
  • Nigeria Politics
  • Imo state
  • Sports
  • Opinion
  • National Security
  • Events
  • Editorial
  • Inspiration
  • Trending news
  • Bible Messages
  • Religion
  • Jesus Christ the saviour
  • World News
  • Crime and Investigation
  • The Love of God
  • Business

9NEWS NIGERIA

  • Editorial
  • Opinion
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us

NEWS CATEGORIES

  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • National Security

WORLD NEWS

  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics

ENTERTAINMENT AND LIFESTYLE

  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

%d