The National Economic Council (NEC) says President Muhammadu Buhari has approved a fresh N656 billion Bridge Financing Facility to 36 states.
Zainab Ahmed, Minister of Finance, Budget and National Planning, disclosed this on Thursday at a virtual NEC meeting presided over by Vice President Yemi Osinbajo and anchored from the Presidential Villa, Abuja.
According to Ms Ahmed, each state will receive N18.2 billion, disclosing that the bridge facility is processed by the Central Bank of Nigeria (CBN).
“The approved bridge facility of N656.112 billion will be…
