‘6 North East States’ Economy Under Threat’

‘6 North East States’ Economy Under Threat’

9/27/2021 3:55:00 AM

‘6 North East States’ Economy Under Threat’

A Northern group, under the auspices of North East Progressive Youth Assembly, NPYA, yesterday, warned that unless the six North East states redouble

The group, in a statement signed by its chairman, Sabiu Tirmizi, recommended that governors of the states that make up the Northeast zone need to contribute N5billion capital each to kick-start the first fully state-run development bank in the area.On the need for governments in the Northeast to redouble their drive on Internally Generated Revenue (IGR), the group called on the Northeast governors “ to borrow a leaf from the effective IGR strategy employed by Governor Bala Mohammed of Bauchi State, whose IGR has been sufficient enough to take care of his massive infrastructural projects”.

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The statement noted that “so far, all the promises made to the Northeast by successive Nigerian federal governments are yet to be fulfilled, especially the multimillion dollar Mambilla Hydro-electric project, which has remained a mirage. This is just one example of the negligence that the Northeast has suffered for decades and frustration has already set in.”

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