President Buhari Approves N656b Support’ Facility For States
The National Economic Council (NEC) says President Muhammadu Buhari has approved a fresh N656 billion Bridge Financing Facility for the 36 states. Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this on Thursday at a virtual NEC meeting presided over by Vice President Yemi Osinbajo. The minister said the support was to help state governments to meet their financial obligations, especially the previous budget support facility due for repayment. According to Mrs Ahmed, each state will receive N18.2 billion. She […]
