Budget Support: FG Sets Up Panel To Recover N614 Billion From 35 States - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (J.T)
August 22, 2019
The Federal Government has put in place a committee to facilitate recovery of N614 billion given to 35 states on budget support.
TheMinister of Finance, Budget and National planning, Zainab Ahmed briefed StateHouse correspondents at the end of the National Economic Council, NEC chairedby Vice President Yemi Osinbajo.
Shehad presented an update to the Council on the budget support facility.
With 35 states benefiting from the facility, she said that each state to pay back equivalent of N175 billion.
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Shestated Council agreed to constitute a committee of the Nigerian Governorsforum, ministry of Finance and the central bank of Nigeria to finalizemodalities for repayment.