It has been widely reported that the Governors amongst other things, had proposed the elimination of PMS subsidy/under-recovery estimated at N6-7 trillion, early retirement of civil servants from age 50 and above, the implementation of the reviewed Oronsaye Report, putting an end to financing government’s budgetary expenditures, converting its N19 trillion debt into a 100-year bond, putting a final stop to PMS subsidy, eliminating NNPC’s federation-funded projects, capping Social Investment Programme (SIP) and National Poverty Reduction with Growth Strategy budgets at N200 billion, eliminating extra-constitutional deductions from FAAC, reducing National Assembly constituency projects, etc.

Your Excellency, while we do agree that the economy is in need of revitalization, we are dismayed by some of the prescriptions of the Governors as they smack of extreme selfishness and insensate cruelty.