Friday 18 November 2016

FG to refund N72Obn to states for infrastructure-DOGARA


Speaker of the House of Representatives, Hon. Yakubu Dogara, has said that the federal government would refund at least N20 billion to each of the 36 states of the federation for infrastructural development. 

This amounts to a total of N720 billion naira. Dogara made this known when he visited the Igwe of Ogwuekpele, His Royal Highness, Valentine B.C Onyema Ogidiga, in his palace in Ogwuekpele in Anambra State. 

A statement by the senior special assistant on media and publicity to the speaker, Iliya Habila, quoted Dogara as saying that the money would assist states in providing critical infrastructures in their respective states.

Regards to debts being owed states, i can announce that very soon, a chunk of money will be given to states. Its been processed and i know that no state will get less than N20 billion from the money that will be coming. That will be something substantial in the hands of the governors. Those that are spirited, i believe,will be able to translate that money into development so that they will support the diversification of the federal government." he said.

Responding to the Igwe's concern on decaying infrastructure in the state, the speaker said the federal government was planning to invest on infrastructure and provision of capital. Without capital, you cannot invest. So, these are the two things that this government is devoted to."

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