President Buhari agrees to refund N20 billion to each state

Hon. Yakubu Dogara, has disclosed that President Buhari will refund about N20 billion to each state for funds spent on federal projects in their states.

Dogara made the statement when he paid a courtesy call on the traditional ruler of Ogwuekpele in Anambra State, Igwe Valentine Onyema Ogidiga.

Dogara urged the states to further use the funds to provide more critical infrastructure after they receive it.

“With regard to debts being owed the states, I can announce that very soon, a chunk of that money will be given to the states.

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“It is being processed and I know that no state will get less than N20 billion from the money that is coming.

“That will be something substantial in the hands of the governors.

“They will be able to use that money so that they support the diversification programs of the federal government.

“Without capital you cannot invest, so these are the things that this government is devoted to.

“By doing so, Nigerians can have enough capital and needed infrastructure for the establishment of functional industries.”

This news house reached out to Minister of Finance, Kemi Adeosun, to confirm the incoming largess.

She did not pick her calls. However, an official in the ministry said he was unaware of any such plans by the FG.

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He said: “The ministry is not aware of this plan.

“What we know is that claims have been made by the states on monies spent on federal projects.

“On this, the Minister of Power, Works and Housing, Babatunde Fashola, was appointed chairman of a review committee to verify these claims.

“The committee is yet to submit its report. So we are not aware of where the speaker got his information from.”