PDP Governors’ Forum to CBN: Release N50bn bailout for Kogi, warns Emefiele

The Peoples Democratic Party (PDP) Governors’ Forum has called on the Central Bank of Nigeria (CBN) to release the N50 billion bailout fund due to Kogi State.
This is contained in a statement signed by Onaiwu Osaro, the coordinator of the PDP Governors’ Forum, on Friday in Abuja.
Osaro said that the advice came on the heels of the failure of CBN to release the bailout fund for Kogi, “while other states, mostly of the ruling party states, have received theirs.’’
Osaro urged the CBN to insulate itself from political influence in order not to create political and financial crises in the country.
“The CBN Governor, Mr Godwin Emefiele, has to insulate the apex bank from the shenanigans of politicians to avoid serious political and economic dislocation in the country.
“It is important and urgent that the CBN releases the N50billion bailout due Kogi to ease the suffering of the common people in the state,” Osaro said in the statement.