The Federal Government is on the verge of refunding at least N20 billion to each of the 36 states for infrastructural development.
Speaker, House of Representatives, Mr. Yakubu Dogara made this disclosure yesterday while responding to the Igwe of Ogwuekpele, His Royal Highness Igwe Valentine B.C. Onyema Ogidiga, who had expressed concern on dilapidating infrastructure in Anambra State.
The speaker, who was in Igwe’s palace on a courtesy visit, said the Federal Government was planning to invest in infrastructure and provision of capital.
A statement by the Senior Special Assistant on Media and Publicity to the Speaker, Mr. Iliya Habila, further quoted Dogara as saying that when the money is refunded to the states, it would assist them in providing critical infrastructure.
According to the speaker, “As regards debts being owed to states, I can announce that very soon no state will get less than N20 billion from the money that is coming.
“I believe they will be able to translate that money into development so that they could support the diversification policy of the Federal Government.” Read the full story here.