30 C
Friday, October 23, 2020
No menu items!
Home Nigerian News Rivers to get 78.9b as FG reimburses 5 states 148.1b for constructing...

Rivers to get 78.9b as FG reimburses 5 states 148.1b for constructing federal roads

- Advertisement -

Federal Government (FG) of Nigeria has approved the refund of over 148 Billion Naira spent by five states government on the construction or repairs of federal roads.

The Federal Government, via a memo presented by the Minister of Works and Housing, Babatunde Fashola, at the third virtual Federal Executive Council (FEC) meeting, presided over by President Muhammadu Buhari inside the Council Chambers of the State House, listed the benefitting states as Rivers, Cross River, Ondo, Osun, and Bayelsa State.

Fashola’s memo further reads that the total sum FG will reimburse to the five states is N148,141,987,161.25.

The memo also outlined the sum FG will reimburse each of the stated states as Cross River N18,394,737,608.85, Ondo N7,822,147,577.08, Osun N2,468,938,876.78, Bayelsa N38,040,564,783.40 and Rivers N78,953,067,518.29.

Meanwhile, Minister of Information and Culture, Lai Mohammed, who briefed State House Correspondents after the FEC meeting on behalf of Fashola, said Council equally warned that there will be no reimbursement in the future, should any state government venture into such projects without seeking federal government’s approval.


Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

VIDEO: Rep. Umanah calls on FG to disburse state COVID-19 support funds

The member representing Abak/Etim Ekpo/Ika Federal Constituency in the House of Representatives, Hon. Aniekan Umanah has called on the Federal Government...

Senate Orders probe of mysterious Deaths in Bonny Island of Rivers State

Nigerian Senate, on Tuesday, 9th June 2020, has ordered an immediate probe into the mysterious deaths in Bonny Island of Rivers...

Fed. Ministry of Agric. opens a portal for the empowerment of 2000 OND holders and above in each of the 774 LGAs of Nigeria

The Federal Ministry of Agriculture and Rural Development has opened Portal for Registration and empowerment of 2000 youths in each of...

NDDC PROBE: A senator from Delta State threatens to sue Buhari’s aide for calling him ‘thief’ on social media

The Senator representing Delta North senatorial district in the 9th Nigerian Senate, Senator Peter Nwaoboshi, has threatened via a letter from...