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Domestic Debit: FG seeks Senate approval to refund N148.14 billion to 5 States

Last updated: September 29, 2020 4:47 pm
5 years ago
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1 Min Read
AIT NEWS 25 3

The Federal Government has forwarded a request to the Senate, seeking approval for the repayment of N148.14 billion to five states.

The request is contained in a letter read on the floor of the upper chamber by the Senate President, Ahmad Lawan at plenary on tuesday.

Also Read : Boss Mustapha leads FG delegation to an emergency meeting with organised labour

The refund will be done in form of promissory note payable to five states for the rehabilitation of the Federal highways in the country.

A breakdown shows that River State will collect the highest amount of N78.9 billion; followed by Bayelsa State with N38.4b, Other beneficiaries include Cross River(N18.3billion), Ondo State(7.8), and Osun State with (N4.5billion)

Edited by Tunde Orebiyi.

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