Tinubu seeks Senate approval to pay Yobe N100.5bn for airport
President Bola Tinubu has asked the Senate to approve a N100.5bn promissory note to reimburse Yobe State for building the Muhammadu Buhari Airport. Read More: https://punchng.com/tinubu-seeks-senate-approval-to-pay-yobe-n100-5bn-for-airport/
On Tuesday, President Bola Tinubu sought Senate approval for a N100.5bn promissory note programme to reimburse the state government of Yobe for the construction of the Muhammadu Buhari International Cargo Airport in Damaturu. The proposal was made in a letter to Senate President Godswill Akpabio through the Debt Management Office.
Following the Federal Executive Council's approval in their second extraordinary meeting on May 23, 2023, Tinubu urged the Senate to consider and approve the establishment and issuance of the promissory note in the sum of N100,509,017,234.55. The Bureau of Public Procurement had previously reviewed the project and recommended the reimbursement amount. The President requested expedited consideration of the request by the lawmakers.
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