Subsidy: Kwara Government Speaks On FG’s Palliatives, Confirms Receiving N2bn

The Kwara State Government has confirmed receipt of N2bn out of the N4bn relief funds that the Federal Government released for purchase of rice to be distributed en masse to vulnerable members of the public in the state.

The state also said it awaits a balance of N2bn of the funds as well as N1bn worth of maize (40,000 bags) which the Central Bank of Nigeria is selling to each state from the national strategic reserve.

The Chief Press Secretary to the state governor, Rafiu Ajakaye dropped these hints on Friday at a news conference held at the Government House Press Center.

“We wish to explain in context the details of the N5bn Federal Government’s relief package earlier reported in the media. Each state is to receive N4bn to purchase bags of rice in the current market value and distribute same to citizens in the state, with the most vulnerable persons as the first priority. This is as agreed at the National Economic Council,” Ajakaye said.

Payback

“Each state is to also receive N1bn worth of maize from the strategic national reserve through the Central Bank of Nigeria. This is not in form of cash; it is maize. As of Friday August 18, 2023, the Kwara State Government has received N2bn of the N4bn. It awaits the balance. The state also awaits the maize from the CBN. It is important to mention that 48% (N1, 920,000,000.00) of the N4bn is a noninterest loan that will be paid back over a period of 20 months at N120, 000,000.00 monthly. This deduction begins in November” he added.

According to him, the state government has consequently ordered immediate purchase of rice in the value of the amount.

Palliative committee

He added that for transparency and fairness to all, distribution of the palliatives will be overseen exclusively by a committee headed by the Kwara State Police Commissioner Ebun Oluwarotimi Adelesi, who will be supported by the Emir of Shonga Dr. Haliru Yahya, state chairman of Jama’átu Nasrul Islam and Christian Association Chairman (CAN) chairman (or their representatives), Dr. Lawal Olohungbebe and Mrs Grace Funke Bolaji (both representing CSOs); chairman of the Nigerian Institute of Public Relations Dr (Mrs) Saudat Abdulbaqi, Mr. Steven Awoyale (youth), a representative of the DSS, a female representative each from the ‘disability’ community and the Nigeria Union of Journalists (NUJ), and Permanent Secretary (General Service) in the Office of the Secretary to the State Government Alhaji Abdulrahman Ameen Babatunde (Secretary) who would further release details on the palliatives.

Ajakaye also confirmed the state government’s receipt of the remaining three trucks of the bags of rice.

He recalled that the government had on August 8, 2023 announced delivery of two truckloads of bags of rice, while awaiting three more stressing that the distribution of the remaining three truckloads has commenced through various channels of reaching out to the public, including lawmakers who represent the 24 state constituencies and other stakeholders in the state.

The Chief Press Secretary to the governor urged that these palliatives be shared in the spirit of fairness to all, particularly to the most vulnerable persons, because it is simply impractical for everyone to get at the same time.

He appealed to members of the public to remain patient and calm as multi-layered steps are being taken in phases, including huge interventions to support massive food production, local production of gas-powered vehicles, support for small and medium scale enterprises, manufacturing and other businesses, to boost the economy and ease the difficulties arising from the removal of fuel subsidy.

According to Ajakaye, the Governor commended the President, Bola Tinubu, for the several initiatives of the Federal Government to bring ease to the people and reassured all Kwarans of his commitments to their welfare at this time and always.

Olusola Akintonde