Tuesday, 25 June 2013

NGF POWER TUSSLE CONTINUES BETWEEN AMAECHI AND JANG

The crisis in the Nigeria Governors Forum (NGF) shows no sign of abating as the two governors who claim to chair the forum are engaged in a power struggle, using the dispute between the federal government, on one side, and the states and local governments, on the other, over the sharing of federally collectible revenue as the backdrop.

Rivers State Governor, Mr. Chibuike Amaechi, Monday summoned an emergency meeting of all the 36 governors, including the Plateau State Governor, Jonah Jang, who heads the breakaway faction of the NGF, and his Akwa Ibom State counterpart, Godswill Akpabio.

The meeting, which is scheduled to hold in Abuja tomorrow, will discuss the dispute between the federal government and the states over the sharing of federally collectible revenue.

The meeting is also expected to decide on whether to withdraw the governors’ suit against the federal government over the establishment of the Sovereign Wealth Fund (SWF) and the withdrawal of the $1 billion from the Excess Crude Account (ECA) as seed fund for the SWF.

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