Skip to main content

News Echo

  • +23481-2435-0783
  • news@newsecho.com.ng
Search
Close
  • Home
  • News
  • Crime
  • Sports
  • City Reports
  • Business
  • Politics
  • e-Edition 2023
Menu
  • Home
  • News
  • Crime
  • Sports
  • City Reports
  • Business
  • Politics
  • e-Edition 2023
NewsInsider
  • Home
  • News
  • Crime
  • Sports
  • City Reports
  • Business
  • Politics
  • e-Edition 2023
Menu
  • Home
  • News
  • Crime
  • Sports
  • City Reports
  • Business
  • Politics
  • e-Edition 2023
NewsInsider
Home News

RCDO warns against plot to highjack N5billion subsidy palliative from Govs, says Tinubu means well

Uchenna Ezeadigwe Awka by Uchenna Ezeadigwe Awka
August 23, 2023
in News
0
RCDO warns against plot to highjack N5billion subsidy palliative from Govs, says Tinubu means well
0
SHARES
6
VIEWS
Share on FacebookShare on Twitter

Rural Community Development Outreach (RCDO), has warned against plot to blackmail governors of states, with the intention to highjack from them the N5billion subsidy palliative announced for states by President Bola Tinubu.

President Tinubu had announced the disbursement of funds to states to cushion the effect of the removal of subsidy from petroleum by his government.

But the group, RCDO said it has uncovered plans by some people to highjack the funds from governors, while also cajoling them to submission through blackmail and unfavorable media reports.

In a press statement by the groups leaders, signed by Mr Ikenna Ellis Ezenekwe, the group’s Nigerian Coordinator and Mr Danjuma Othman Mohammed, Secretary, the group said the move will impoverish the rural people, who the funds are meant to pull out of poverty.

“As the nation witnesses an inspiring shift towards rural development and agricultural revitalization, the looming threat to the equitable distribution of the recently announced N5billion palliative has set off alarm bells.

“The N5billion palliative, a key component of President Bola Tinubu’s intervention program to mitigate the impact of the oil subsidy removal, is now a pawn in the hands of political power-brokers.

“Our intelligence reveals a troubling pattern where seasoned political operatives are leveraging their influence to arm twist state governors into parting with the funds.

“Those who dare to stand against this coercion and refuse to succumb to the pressure of sharing the N5billion with political cronies and godfathers are being confronted with threats of media manipulation through foreign-based online newspapers, beyond the reach of Nigeria’s legal jurisdiction.”

The group called on Nigerian governors to remain resilient, and resist any attempt by power brokers in their state to take what belongs to the masses.

It mentioned states like Anambra, Bauchi, Borno, and Adamawa, as some of those who have begun initiative to rescue their people, by marshalling out policies to to channel their state’s N5billion into agricultural incentives and infrastructural amenities.

The group said if the plot to highjack the funds works, the ordinary citizens and rural communities of the affected states stand to lose the most.

“With over 133 million Nigerians already languishing below the poverty line, there is no room for self-serving politicians to interrupt this trajectory towards inclusive development. These are crucial times that demand unwavering patriotism from all Nigerians.

“We call on the governors, especially Bala Mohammed of Bauchi state and Chukwuma Soludo of Anambra State who are already being attacked to resist them, and work for the benefits of the people.”

default-logo

We’re Impartial And Independent, And Every Day We Create Distinctive, World-Class News Content Which Inform, Educate And Entertain Millions Of People In Nigeria And Around The World.We Care About Quality Content. We Never Wanted To Be A Big Publishing House: Our Team Is Small, But It’s A Truly Wonderful Team Of People Who Really Care About What They Do. Passionate And Dedicated. Honest And Respectful. Professional But Informal.

Facebook Twitter Instagram
Menu
  • Home
  • News
  • Crime
  • Sports
  • City Reports
  • Business
  • Politics
  • e-Edition 2023

Related Posts

police logo

Police Arrest Wanted Notorious Member of Pin code Gang Linked to 2023 Kidnap, murder Case

September 24, 2026
Environmental Sustainability: Dobe Anambra Ocha Calls for Safer Refuse Disposal Practices

Environmental Sustainability: Dobe Anambra Ocha Calls for Safer Refuse Disposal Practices

September 24, 2026

Soludo Urged to Stop Focusing on Peter Obi, Defend Tinubu’s Record

September 22, 2026
newinsider frontpage
NEWSINSIDER MAGAZINE

Copyright @2023 – NewsEcho All Right Reserved.

  • About
  • Advertise
  • Privacy & Policy
  • Contact