State Governors drags President Goodluck Jonathan to court over excessive deductions from excess crude account

The thirty-six governors under the aegis of Nigeria Governors’ Forum, NGF, are poised for war with President Goodluck Jonathan and the Federal Government over what they described as excessive deductions from the excess crude account.

It will be recalled that the governors have been having a running battle with the Federal Government over what they said was illegal deduction from the excess crude account jointly owned by both levels of government, just as both parties had opted for an out of court settlement on the matter early in the year.

Rising from a meeting, Wednesday night, at the Rivers State governor’s Lodge, Asokoro, Abuja and expressing pain over the action of the federal government, the governors have resolved to drag the President to the Supreme Court to seek redress.

The governors also told Journalists that they were yet to discuss the proposed N5,000 denomination by the governor of Central Bank of Nigeria, CBN, Mallam Sanusi Lamido Sanusi.

At the meeting were governors of Adamawa, Edo, Abia, Ekiti, Akwa Ibom, Niger, Taraba, Ogun, Oyo, Kwara, Anambra, Imo, Jigawa, Nassarawa, Kogi, Yobe, Plateau, Kebbi; Cross River, Enugu and Gombe. Also in attendance were deputy governors of Imo and Jigawa.