Five Nigerian states will get a refund of over one hundred and forty-eight billon naira (N148,141,969,161.24) for road projects executed on behalf of the Federal Government.
This was as the Senate on Tuesday, November 24 approved President Muhammadu Buhari’s request for a refund of the said sum to the affected states.
Igbere TV gathers the five states to include, Rivers, Bayelsa, Cross River, Osun and Ondo. The money will be refunded to the coffers of the states government.
The approval was sequel to the consideration of a report by the Committee on Local and Foreign Debts Chaired by Senator Clifford Ordia (PDP, Edo Central).
Ordia in his presentation stated that most of the Federal highways in the beneficiary states where said projects were executed “were at a deplorable state before the intervention of the state governments.”
According to him, “series of visits were carried out by the Federal Ministry it Works and Housing on all Federal Roads completed by the States and ascertained that the quality off work done met the required standard.”
The lawmaker however noted that states like Cross River, Rivers, Bayelsa and Ondo States embarked on the highway projects execution as far back as 2005 to date.
He added that while the State Governments have completed all projects, as well as paid all contractors, the Federal Bureau of Procurement on its part certified that due process was followed accordingly.