President Muhammadu Buhari has urged the Senate to approve N16 billion as a refund to the Borno State Government through the issuance of promissory notes
Buhari’s letter of request was read at plenary by Senate President Ahmad Lawan.
The President said the refund was meant to pay for the construction of federal roads embarked upon by the Borno State Government.
The letter reads in part: “The Distinguished Senate President may wish to be informed that the Federal Executive Council (FEC) at its meeting of May 3, 2023, approved the reimbursement of the sum of N16,772,486,002.19 to the Borno State Government through the issuance of promissory notes in respect of federal road projects executed by the state.
The Distinguished Senate President may wish to note that this approval by FEC for the reimbursement of the additional sum of N16, 772,486,002.19 to the Borno State Government was based on an appeal by the State and my directive to the Federal Ministry of Works and Housing to ensure that sufficient funds are provided for the completion of the Damboa/Chibok road based on the current cost of completion of the project.
