The Guardian (Nigeria)

Channel FAAC allocation­s to sustainabl­e projects, PENGASSAN tells govs

- By Gloria Nwafor

WITH an increased Federation Account Allocation Committee ( FAAC) allocation to states since the removal of fuel subsidy, the Petroleum and Natural Gas Senior Staff Associatio­n of Nigeria ( PENGASSAN) has urged that governors channel their allocation towards verifiable, visible and sustainabl­e socio- economic projects.

PENGASSAN said projects such as affordable health care delivery, infrastruc­tural developmen­t, quality education and enhanced security of life and properties were pertinent.

Chairman, PENGASSAN, Lagos Zone, Eyam Abeng, said this during the zone’s executive council first quarter meeting. He called on the Federal Government to fulfill its agreements with labour, especially the increment in the minimum wage, and completion of the rehabilita­tion of the Port Harcourt and Warri Refineries, among others. Abeng, equally called on the western state governors, covering Lagos, Osun, Ekiti, Ogun, Kwara, Oyo and Ondo to rapidly implement the minimum wages and ensure effective distributi­on of palliative­s materials to the citizens.

He stated unequivoca­lly that the value of the Naira cannot improve from its free fall unless the government takes practical steps and strong will to increase productivi­ty, exportatio­n and reduce importatio­n.

One practical way towards achieving the objective, Abeng said, was by providing necessary support to Small and Medium Enterprise­s ( SMES), transparen­t provision of grants, tax holidays and improved power availabili­ty. He advised the government to input all efforts to end wanton killings and kidnapping by armed bandits and insurgents across the country.

He called on the government to invest recovered loot in developmen­tal programmes such as power, education, health and transporta­tion infrastruc­tures instead of sharing it among the “supposed” poor, which could make such loot be relooted.

While he restated the associatio­n’s commitment to improving members’ welfare, he also applauded the collaborat­ion between the management and its branches in ensuring industrial harmony and increased productivi­ty in the industry.

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