x

Buharis asks NASS to approve payment of N10 bn to Kogi as refund

By Samuel Itsede

The Senate on Tuesday received a request from President Muhammadu Buhari for an approval to pay Kogi State Government N10.069 billion being refund of money spent by the state on behalf of Federal government.

The request was contained in a letter dated 10th October, 2019 and read by the President of the Senate, Ahmad Ibrahim Lawan, during plenary.

The requested amount is for the settlement of inherited local debts and contractual obligations of the Federal Government to the State for projects executed on behalf of the Federal Government.

President Buhari recalled that 24 out of 25 State Governments had received the approval of the National Assembly for the settlement of claims on projects executed on behalf of the Federal Government.

He added that the sum of N10.069 billion is outstanding amount due to Kogi State Government which is the only State yet to receive a refund.

The letter reads: “The Distinguished Senate President would recall that, based on my request for the Resolution of the National Assembly approving the establishment of a promissory note programme and a Bond Issuance to settle inherited Local Debts and Contractual Obligations of the Federal Government, the 8th National Assembly passed Resolutions approving the Issuance of Promissory Notes to refund State Governments for projects executed on behalf of the Federal Government.

“The Resolutions of the 8th Assembly were conveyed through three different letters from the Clerk of the National Assembly as follows: Letter dated July 27, 2018 and referenced NASS/CAN/106/Vol.10/277 which approved the Issuance of Promissory notes to 21 states.

“Letter dated January 29, 2019 and referenced NASS/CAN/106/Vol.11/004 which approved the Issuance of Promissory Notes to Delta and Taraba States; and letter dated May 23, 2019 and referenced NASS/CAN/106/Vol.11/164 which approved the Issuance of Promissory Notes to Bauchi State.”

“The three Resolutions approved the Issuance of Promissory Notes to 24 out of the 25 State Governments requested, and the only State for which approval has not been given is Kogi State, with an outstanding claim of N10,069,692,410.15 (Ten billion, Sixty-Nine million, Six Hundred and Ninety-Two thousand, Four Hundred and Ten Naira, Fifteen Kobo).

“The Senate may wish to note that, subsequent to Resolutions of the National Assembly approving the refunds to the 24 State Governments, the Federal Government has issued Promissory Notes to all the approved States for the settlement of their claims.

“Accordingly, the Senate is hereby requested to kindly approve, the Issuance of a Promissory Note in the sum of N10, 069,692,410.15 as refund to Kogi State Government for Projects executed on behalf of the Federal Government.”

The Senate President referred President Buhari’s request to the Senate Committee on Local and Foreign Debts for further legislative work.

 

Hot this week

EFCC Arraigns Firm and Six Individuals Over Alleged €100m Fraud in Abuja

The Economic and Financial Crimes Commission (EFCC) has arraigned...

DisCos push back as FG insists prepaid meters must be free

Electricity distribution companies (DisCos) have raised concerns over the...

Gov. Uba Sani Bags Five Health Sector Awards, Flags Off Distribution of Medical Equipment, Ambulances

By Achadu Gabriel, KadunaKaduna State Governor, Senator Uba Sani,...

Abuja Leadership Centre Organises Leadership Training For Students in Kaduna

The Abuja Leadership Centre (ALC) at Yakubu Gowon University,...

Accountability, Not Adulation, Should Guide Hajj Reporting

By Suleiman Bashar AliyuIn any healthy society, journalism serves...

Why Military Coups Are Re-Emerging Across Parts of Africa

A resurgence of military coups in parts of Africa...

North Central Development Commission Seeks Security Partnership in Nasarawa

The North Central Development Commission (NCDC) has begun consultations...

Kaduna Launches Sanitation Drive, Creates 5,000 Jobs for Youths and Women

Kaduna State Governor Uba Sani has launched a new...

Kano Group Questions Senator Hanga’s Position on Kwankwasiyya, Cites Petition to ICPC

The Kano People’s Rights Alliance (KPRA) has criticised recent...

Related Articles

Popular Categories

spot_imgspot_img