FG Set To Pay N720bn Debt to Anambra, Others For Undertaking Federal Infrastructures –Dogara

Dogara

The Speaker of the House of Representatives, Mr. Yakubu Dogara, has disclosed plans by the Federal Government to pay debts owed the 36 states by paying them N720bn with each state collecting N20bn apiece, the Punch reports.

Dogara said the money would be used for the provision of infrastructure by the states.

Many states had in the past undertaken to rehabilitate failing Federal Government infrastructure in their domain, especially road projects with the understanding that they would be repaid by the latter.

 A statement on Sunday by the Speaker’s Senior Special Assistant on Media and Public Affairs, Mr. Iliya Habila, quoted Dogara as making the disclosure during a visit to the Igwe of Ogwuekpele, His Royal Highness, Valentine Onyema-Ogidiga.

Dogara visited the monarch in his Ogwuekpele palace in Anambra State.

It read in part, “Regards to debts being owed to states, I can announce that very very soon, a chunk of money will be given to states.

“It is being processed and I know that no state will get less than N20bn from the money that is coming.

“That will be something substantial in the hands of the governors. Those that are spirited, I believe they will be able to translate that money into development so that they can support the diversification (agenda) of the Federal Government.”


Culled fron the PUNCH