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Airport takeover: Tinubu seeks Reps’ backing for N100.5bn refund to Yobe

President Bola Tinubu has asked the House of Representatives to approve a N100.5bn promissory note to reimburse Yobe State for the FG’s takeover of the air Read More: https://punchng.com/airport-takeover-tinubu-seeks-reps-backing-for-n100-5bn-refund-to-yobe/

Airport takeover: Tinubu seeks Reps’ backing for N100.5bn refund to Yobe

President Bola Tinubu has requested the House of Representatives to approve a N100.5bn promissory note programme to reimburse the Yobe State Government for the takeover of the Muhammadu Buhari International Airport in Damaturu. Under the proposal, the Federal Government would reimburse Yobe State for the cost of the airport through a promissory note issued by the Debt Management Office.

The Federal Executive Council approved the takeover of the airport in May 2023, and the Bureau of Public Procurement recommended N100,509,017,255 as the amount payable to the state.

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