Reps approve ₦100.51bn reimbursement to Yobe for Damaturu airport
The House of Representatives has approved a ₦100.51bn promissory note to reimburse the Yobe State Government for constructing the Damaturu cargo airport. Read More: https://punchng.com/reps-approve-%e2%82%a6100-51bn-reimbursement-to-yobe-for-damaturu-airport/
The House of Representatives has approved a ₦100.51bn promissory note programme to reimburse the Yobe State Government for constructing the Muhammadu Buhari International Cargo Airport in Damaturu. The resolution came after the Committee on Aids, Loans and Debt Management reviewed the Federal Government’s request for reimbursement.
The committee conducted due diligence, including an inspection of the facility, and found that the quality of work met the required standards for takeover by the Federal Government. The airport is expected to add value to Yobe State and potentially attract investment to the state and the wider country.
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