…Babayo says states, LGs received trillions in additional allocations
By Henry Umoru
ABUJA — Chairman of the Board of the Federal Roads Maintenance Agency, FERMA, Dr Musa Babayo, has backed the removal of petrol subsidy by President Bola Tinubu, urging Nigerians to hold their governors and local government chairmen accountable for the additional resources accruing to them from the reform.
Babayo warned against attributing every hardship experienced by Nigerians to subsidy removal while ignoring the significant increase in revenues available to state and local governments following the reform.
In a statement made available to Vanguard on Thursday, titled, “The Other Side of Subsidy Reform: Where Did the Money Go? Nigeria’s States and Local Governments Received Trillions More. Citizens Must Now Demand an Account,” the former Chairman, Board of Trustees of the Tertiary Education Trust Fund, TETFund, urged citizens to demand explanations from their elected leaders on how the additional funds were spent.
