• About
  • Advertise
  • Privacy & Policy
  • Contact
Monday, August 15, 2022
Daily Concord News
  • Home
  • News
    • All
    • Africa
    • local
    • Nigeria
    • Science
    • World
    Opposition Behind Call For My Resignation – Festus Keyamo

    Opposition Behind Call For My Resignation – Festus Keyamo

    Air Marshal Sadique Has No Links With Thugs, Allegations Are Delusional — YAFODE

    Air Marshal Sadique Has No Links With Thugs, Allegations Are Delusional — YAFODE

    FIRS Powers To Recover Taxes Unremitted From States, LGAs Are In Order — Group

    Osun 2022: Bankole Urges INEC To Guarantee Inclusion Of PWDs On Election Day

    Osun 2022: Bankole Urges INEC To Guarantee Inclusion Of PWDs On Election Day

    Why Peter Obi Is The Most Fact-Checked Politician

    Why Peter Obi Is The Most Fact-Checked Politician

    Ekiti Election

    EKITI ELECTION: Another Buhari Legacy On Credible Polls – BMO

    Trending Tags

    • Politics
    • Business
    • Sports
    • Entertainment
      • All
      • Gaming

      Timipre Sylva Inaugurates the National Gas Expansion Programme, Committee

    • Tech
      • All
      • Startup

      DG NITDA Urges Computer Sciences Students to Drive ICT Innovation

      How To Apply For Bridge To MassChallenge Nigeria 2021

      How To Apply For Bridge To MassChallenge Nigeria 2021

      DG NITDA Urges Young Lawyers To Use Artificial Intelligence In Legal Services

      DG NITDA Urges Young Lawyers To Use Artificial Intelligence In Legal Services

      Digital Economy: NITDA Assures e-Business Industry Heads Of Public Private Partnership

      Digital Economy: NITDA Assures e-Business Industry Heads Of Public Private Partnership

      Digital Nigeria 2021

      Call For Abstracts: Digital Nigeria 2021

      5G Network Crucial To 4th Industrial Revolution – DG NITDA

      Literacy Day: FG To Train 6000 Nigerians On Digital Skills In 11 States

      Trending Tags

    • Lifestyle
      • All
      • Culture
      • Food
      • Health
      At Avalanche Book Launch, Nigerians Call For More Resources On Mental Health And Trauma Management

      At Avalanche Book Launch, Nigerians Call For More Resources On Mental Health And Trauma Management

      Femi Odekunle; The Pains That Won’t Go! By Haruspice

      Femi Odekunle; The Pains That Won’t Go! By Haruspice

      The Unifying Factor of Culture

      Examining Arts as a Unifying Elements

      The Unifying Factor of Culture

      The Unifying Factor of Culture

      Senate President Greets Asiwaju Bola Tinubu @69

      Senate President Greets Asiwaju Bola Tinubu @69

      Abuja Global Shapers Hub Pay A Velentine Day Visit To Kubwa General Hospital

      GIVE A GIFT – The Abuja Global Shapers Valentine’s Edition

      Trending Tags

    • Opinion
    No Result
    View All Result
    Daily Concord News
    No Result
    View All Result
    Home News

    Buhari Seeks N’Assembly’s Approval for N10.06bn Refund to Kogi Govt

    October 15, 2019
    in News, Politics
    2 min read
    0
    30
    SHARES
    39
    VIEWS
    Share on WhatsAppShare Share

    The Senate on Tuesday received a request from President Muhammadu Buhari for an approval to pay Kogi State Government N10.069 billion being refund of money spent by the state on behalf of Federal government.

    The request was contained in a letter dated 10th October, 2019 and read by the President of the Senate, Ahmad Ibrahim Lawan, during plenary.

    The requested amount is for the settlement of inherited local debts and contractual obligations of the Federal Government to the State for projects executed on behalf of the Federal Government.

    President Buhari recalled that 24 out of 25 State Governments had received the approval of the National Assembly for the settlement of claims on projects executed on behalf of the Federal Government.

    He added that the sum of N10.069 billion is outstanding amount due to Kogi State Government which is the only State yet to receive a refund.

    The letter reads: “The Distinguished Senate President would recall that, based on my request for the Resolution of the National Assembly approving the establishment of a promissory note programme and a Bond Issuance to settle inherited Local Debts and Contractual Obligations of the Federal Government, the 8th National Assembly passed Resolutions approving the Issuance of Promissory Notes to refund State Governments for projects executed on behalf of the Federal Government.

    “The Resolutions of the 8th Assembly were conveyed through three different letters from the Clerk of the National Assembly as follows: Letter dated July 27, 2018 and referenced NASS/CAN/106/Vol.10/277 which approved the Issuance of Promissory notes to 21 states.

    “Letter dated January 29, 2019 and referenced NASS/CAN/106/Vol.11/004 which approved the Issuance of Promissory Notes to Delta and Taraba States; and letter dated May 23, 2019 and referenced NASS/CAN/106/Vol.11/164 which approved the Issuance of Promissory Notes to Bauchi State.”

    “The three Resolutions approved the Issuance of Promissory Notes to 24 out of the 25 State Governments requested, and the only State for which approval has not been given is Kogi State, with an outstanding claim of N10,069,692,410.15 (Ten billion, Sixty-Nine million, Six Hundred and Ninety-Two thousand, Four Hundred and Ten Naira, Fifteen Kobo).

    “The Senate may wish to note that, subsequent to Resolutions of the National Assembly approving the refunds to the 24 State Governments, the Federal Government has issued Promissory Notes to all the approved States for the settlement of their claims.

    “Accordingly, the Senate is hereby requested to kindly approve, the Issuance of a Promissory Note in the sum of N10, 069,692,410.15 as refund to Kogi State Government for Projects executed on behalf of the Federal Government.”

    The Senate President referred President Buhari’s request to the Senate Committee on Local and Foreign Debts for further legislative work.

    Ezrel Tabiowo
    Special Assistant (Press)
    to President of the Senate

    Tags: BuhariKogi stateNASSSenate
    SendShare12Tweet8Share2Send
    Previous Post

    I Do Not Know Who Released The Video, Fatima Daura Speaks Out

    Next Post

    President Buhari Commiserates with Victims of Flood Disaster

    Next Post

    President Buhari Commiserates with Victims of Flood Disaster

    Stay Connected test

    • 517 Fans
    • 13 Followers
    • Trending
    • Comments
    • Latest

    How Atiku’s Lawyer’s Travelled To Cambridge To Confirm Buhari’s Certificate – And The Disappointment That Followed

    September 6, 2019

    Vanguard Apologizes To Professor Osinbajo Over Fake News, Retracts Story

    September 25, 2019

    I Will Waive my Constitutional Immunity to Clear my Name – Osinbajo

    September 25, 2019

    N90bn scandal: Stop Threatening Media Houses, Sue me, Frank tells Osinbajo

    September 25, 2019
    Opposition Behind Call For My Resignation – Festus Keyamo

    Opposition Behind Call For My Resignation – Festus Keyamo

    0
    Nigeria

    Lest We Forget: Security Issues in Nigeria from 1999 to Date!

    0
    Ministerial list: Nigerians react to Buhari’s nomination of Akpabio, Keyamo, Saraki, others

    Ministerial list: Nigerians react to Buhari’s nomination of Akpabio, Keyamo, Saraki, others

    0
    Channels TV Reporter Precious Owolabi Shot During Shiite, Police Clash Is Dead

    Channels TV Reporter Precious Owolabi Shot During Shiite, Police Clash Is Dead

    0
    Opposition Behind Call For My Resignation – Festus Keyamo

    Opposition Behind Call For My Resignation – Festus Keyamo

    August 15, 2022
    Air Marshal Sadique Has No Links With Thugs, Allegations Are Delusional — YAFODE

    Air Marshal Sadique Has No Links With Thugs, Allegations Are Delusional — YAFODE

    August 9, 2022

    Post-VAIDS: JTB, FIRS Commences Full Scale Enforcement On Defaulters

    July 12, 2022
    Nami Charges Professional Tax Bodies On Contribution To Tax Development In Nigeria

    Nami Charges Professional Tax Bodies On Contribution To Tax Development In Nigeria

    July 7, 2022

    Recent News

    Opposition Behind Call For My Resignation – Festus Keyamo

    Opposition Behind Call For My Resignation – Festus Keyamo

    August 15, 2022
    16
    Air Marshal Sadique Has No Links With Thugs, Allegations Are Delusional — YAFODE

    Air Marshal Sadique Has No Links With Thugs, Allegations Are Delusional — YAFODE

    August 9, 2022
    16

    Post-VAIDS: JTB, FIRS Commences Full Scale Enforcement On Defaulters

    July 12, 2022
    17
    Nami Charges Professional Tax Bodies On Contribution To Tax Development In Nigeria

    Nami Charges Professional Tax Bodies On Contribution To Tax Development In Nigeria

    July 7, 2022
    16
    Daily Concord News

    Bringing the most intriguing News from around the world you everyone in a positive way

    Follow Us

    Browse by Category

    • Africa
    • Basketball
    • Business
    • Culture
    • Economy
    • Education
    • Food
    • Football
    • Foreign Affairs
    • Gaming
    • Health
    • Health
    • Interviews
    • Lifestyle
    • local
    • News
    • Nigeria
    • Opinion
    • Politics
    • Science
    • Security
    • Sports
    • Startup
    • Tech
    • Uncategorized
    • World

    Recent News

    Opposition Behind Call For My Resignation – Festus Keyamo

    Opposition Behind Call For My Resignation – Festus Keyamo

    August 15, 2022
    Air Marshal Sadique Has No Links With Thugs, Allegations Are Delusional — YAFODE

    Air Marshal Sadique Has No Links With Thugs, Allegations Are Delusional — YAFODE

    August 9, 2022
    • About
    • Advertise
    • Privacy & Policy
    • Contact

    © 2019

    No Result
    View All Result
    • Home
    • News
    • Politics
    • Business
    • Sports
    • Entertainment
    • Tech
    • Lifestyle
    • Opinion

    © 2019

    Go to mobile version