Kebbi State Governor Atiku Bagudu has said state governments need more funds to invest in infrastructural development and lift millions out of poverty.
Bagudu spoke on Monday while addressing reporters on the sidelines of the 27th Nigerian Economic Summit (NES) in Abuja.
The governor said the limiting factor for sub-national government is financial resources and called for synergy between the Federal and state governments on accessing more resources.
“I want to see the Minister of Finance, Budget and National Planning at the world stage telling investors that Nigeria needs $1 trillion to support development.
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“People say we have over-borrowed, but we need more money, and we need the support urgently to invest in our capacities.
“I want to see how the Ministry of Finance – the minister is here – can go out there and convince people on how to mobilise much more resources. For me, at the sub-national level, the limiting factor is resources.
“When Nasir El-Rufai, Governor of Kaduna State, attempted to borrow from the World Bank… It was very frustrating for him to borrow a small amount needed for the state on a development plan. You have to go to the Federal Government, the National Assembly, all that,” he said.