Governor Abba Kabir Yusuf of Kano State has kicked against the federal government's sharing formula for the recently approved N500 billion palliative.
The federal government had said that it would use the Bank of Industry to support small-scale industries across geopolitical zones.
Commenting
on the sharing formula, Governor Yusuf who spoke through his deputy, Comrade
Aminu Abdussalam, said the distribution was heavily skewed in favour of Lagos
state and the South-South zone to the disadvantage of other states and zones.
He noted
that Lagos will be receiving 47% of the allocation, followed by the South-South
Zone with 17%, with other regions receiving significantly lower percentages.
“This is
unfair, unconstitutional, and illegal,” Yusuf said during a meeting with
representatives from the Kano Cooperative Society at the state government
house. He called on relevant authorities, including members of the National
Assembly to rectify the situation and take appropriate action against those
responsible.
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