• Nigeria’s economic problems will end when FG stops giving bail-out funds to state governments, says Afenifere

    Nigeria’s economic problems will end when FG stops giving bail-out funds to state governments, says Afenifere

    The pan Yoruba socio-political group, Afenifere, has called on the Federal Government to stop issuing bail-out funds to state governments, canvassing a second look at the revenue allocation formula.

    Afenifere, in a communiqué by its spokesman, Yinka Odumakin, maintained that a restructuring of the existing system of governance is the only solution to the current economic crises bedeviling the country.

    The communiqué was read yesterday by Odumakin at the end of the group’s monthly meeting in Akure, the Ondo State capital.

    According to […]