Buhari asks Senate to approve N10bn repayment to Kogi state

Buhari asks Senate to approve N10bn repayment to Kogi state

Barely a month to the Kogi state election, President Muhammadu Buhari has requested the Senate to approve repayment of N10.069 billion promissory notes to Kogi State for projects done on behalf of the Federal Government.

The promissory note is a programme to clear inherited local debts and contractual obligations of the Federal Government (FG).

This was contained in a letter addressed to the Senate and read by its President, Ahmed Lawan. Lawan read the letter during plenary on Tuesday, October 15.

The Senate President in his remarks noted that 24 states’ claims were agreed upon by the 8th Senate. However, the claim by Kogi state was not approved.

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Buhari, in his letter, affirmed that the claims of all the 25 state governments for projects executed on behalf of the Federal Government were verified. The president disclosed that they were verified by the Federal Ministry of Works and Housing and the Bureau of Public Procurement.

Thereafter, the Federal Executive Council approved before they were forwarded for the approval of the National Assembly.

The President’s letter reads in part: “Accordingly, the senate is hereby requested to kindly approve the issuance of promissory note to the sum of N10,069,692,410.15 as refund to Kogi state government as payments for projects executed on behalf of the federal government while looking forward to the timely issuance of the resolutions of the national assembly for the refund to Kogi state government, accept the distinguished Senate President the assurances of my highest regards.”

Lawan mandated the Senate Committee on Local and Foreign Debts to work on the report. The committee was asked to report back to the chamber in two weeks.

Meanwhile, Lawan has warned ministers and the Heads of Departments and government Agencies of not appearing on time before the National Assembly to defend their budget.

The Senate president said the National Assembly would not tolerate any delay in the passage of 2020 budget by the end of the year.

About The Author

Mayowa Oladeji

A writer with a keen interest in human stories and topical issues around the world. mayowa.oladeji@1stnews.com

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