President Buhari in a letter has urged the House of Representatives to approve the Federal Government to reimburse five states for the construction of FG roads.
The letter shows the breakdown of the N148,141,969,161.24 as;
Cross River State: N18.395b
Ondo State: N7.822b
Osun State: N4.568b
Rivers State: N78.953b
“The House of Representatives may wish to be informed that the Federal Executive Council (FEC) at its meeting of June 3rd, 2020 approved the reimbursement of N148,141,969,161.24 through the issuance of Promissory Notes to the Bayelsa, Cross River, Ondo, Osun and Rivers State Governments for federal road projects executed by the States. The extract from the conclusion of the meeting referenced EC 11(2020) 4 is attached as Appendix 1.
“The approval by FEC was subsequent to the recommendation of an inter-ministerial committee which reviewed the requests of reimbursement made by the state governments for the projects.
“The Committee reviewed the documents submitted and carried out physical inspection and verification of the projects in the respective states before making its recommendation to the FEC,”