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Home News Politics Senate Approves N148 Billion Refund For Rivers State, Osun And Others

Senate Approves N148 Billion Refund For Rivers State, Osun And Others

N148 billion have been approved for the states of Bayelsa, Cross River, Ondo, Osun and Rivers as refund for road projects executed on behalf of the federal government.

The senate approved the refund after President Muhammadu Buhari approached the senators asking for their approval.

The refund was approved after the chairman of the committee on local and foreign debts, Clifford Ordia, presented a report for the consideration of his colleagues.

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Giving the breakdown of the refund, Bayelsa will get N38 billion, Cross River, N18 billion, Ondo N7 billion, Osun N4 billion and Rivers, N78 billion.

Ordia said the committee saw the contracts signed by the states and the contractors as well as evidence of payment.

The chairman said his committee also visited the project sites. He said:

“The following people were invited – permanent secretary federal ministry of finance, commissioners of finance and works of Bayelsa, Cross Rivers, Osun, Rivers, Ondo.

Copies of approval by the federal government through the ministry of works and housing for the execution of projects in the state, copies of contract agreement between the affected states and contractors that handled the projects, copies of clearance by the BPP, evidence of payment by the state governments to the contractors were also seen.”


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