Buhari seeks Senate’s approval for N16.7 billion promissory note to Borno

President Muhammadu Buhari has sought the National Assembly’s approval for the issuance of N16.7 billion promissory note to Borno government as refund for reconstructed federal roads in the state.

The request is contained in a letter addressed to President of Senate, Ahmad Lawan, and read at plenary on Tuesday.

“Distinguished Senate President may wish to be informed that the Federal Executive Council (FEC) at its meeting of May 3, approved the reimbursement of N16,772,486,002.19 to the Borno Government through the issuance of promissory notes in respect of federal road projects executed by the state.

“Distinguished Senate President may wish to note that the FEC had earlier approved the reimbursement of N3,084,769,393.63 to Borno State at its meeting of Feb. 1, along with the approval of N6,601,769,470.99 for reimbursement to the Plateau Government.

“My request for the resolution of the National Assembly for the issuance of promissory notes to the two states has already been…

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