Buhari solicits N148.1bn approval for road projects in five states
The President of Nigeria, Muhammadu Buhari has sought approval from the National Assembly for a sum of N148.1bn to be paid to Bayelsa, Cross River, Ondo, Osun and Rivers State governments for federal road projects constructed in their states.
The President sought for the approval in a letter written to the National Assembly on Tuesday, September 29 2020. The letter was read by the President of the Senate, Ahmad Lawan.
The letter was titled "Request for Resolution of the National Assembly for Approval of the Reimbursement of N148.14bn Through the Issuance of Promissory Notes to Bayelsa, Cross River, Ondo, Osun and Rivers State Governments for Federal Road Projects Executed by the States.
According to the letter, Buhari requested that the money be paid through the issuance of promissory notes.
Buhari revealed that that the federal government has gone on inspection to confirm if the project which the states claimed to have done is true and approved the payment after the inspection.
The letter from Buhari to the National Assembly
“The Senate may wish to be informed that the Federal Executive Council at its meeting of June 3, 2020, approved the reimbursement of N148.1bn through the issuance of promissory notes to Bayelsa, Cross River, Ondo, Osun and Rivers state governments for the federal road projects executed by the states.
“The approval by FEC was after the recommendation by an inter-ministerial committee which reviewed the requests for reimbursement made by the state governments for the projects.
“The committee reviewed the documents submitted and carried out fiscal inspection and verification of the projects in the respective states before making its recommendation to FEC,” Buhari said in the letter.
“In view of the foregoing, I wish to request the Senate to kindly approve through its resolution, the request for the reimbursement of the total sum of N148, 141,969,161.24 through the issuance of promissory notes to the five aforementioned state governments for the federal road projects executed on behalf of the Federal Government as detailed in paragraph two above.
“The committee reviewed the documents submitted and carried out fiscal inspection and verification of the projects in the respective states before making its recommendation to FEC,” Buhari said.
The amount approved for each of the five states for the projects are Bayelsa – N38,404, 564,783.40; Cross Rivers – N18,394,732, 608.85; Ondo – N7,822,147,577; Osun – N4, 567,456,673.63; and Rivers – N78, 953, 67, 518.29.
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