Abuja, Feb. 2, 2023 – The Federal Government is to refund N9.6 billion to Plateau and Borno State Governments for road projects built on behalf of the Federal Government.
Babatunde Fashola, the Minister of Works and Housing, said that the approval was granted at the Federal Executive Council (FEC) meeting on Wednesday.
The minister said that the two states had outstanding payments with respect to eligible roads for previous interventions on Federal Government roads.
“We presented two policy memoranda.
“The first was for a refund to two state governments for previous interventions on federal Government’s roads, subject to the July 2016 cut-off after which refunds will no longer be eligible.
“The two states which had outstanding with respect to eligible projects are plateau and Borno.
“Council approved the refund of N6, 601, 769, 470.99 in favour of Plateau State and the sum of N3, 08,797,113.34 for Borno State,” he said. (GBN)
