Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,445,931 members, 5,508,792 topics. Date: Saturday, 04 April 2020 at 06:12 AM

Buhari Govt Moves To Recover N614 Billion From 35 States - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Buhari Govt Moves To Recover N614 Billion From 35 States (20041 Views)

FG To Start Deducting N614 Billion From States This Month / APC Makes N12.6 Billion From The Sale Of Forms / FG Okays Fresh N28bn Budget Support For 35 States (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Buhari Govt Moves To Recover N614 Billion From 35 States by hardtoget: 6:16pm On Aug 22, 2019
The Federal Government on Thursday said it has begun moves to recover the sum of N614 billion advanced to 35 states as budget support facility.

This was made known by the Minister of Finance, Budget and National Planning, Zainab Ahmed.

She made the disclosure at the press briefing at the end of the over three hours of the National Economic Council meeting, presided over by Vice President Yemi Osinbajo, at the Council Chambers of the Presidential Villa.

The Presidency, through Vice President, Yemi Osinbajo, had earlier disclosed the President Muhammadu Buhari administration had in the past three years, intervened through loans, bailouts and Paris Club refunds to states to the tune of well over N1.1trillion.

The minister said on Thursday that “As at today, the budget support facility advanced by the Federal Government to the states is a total sum of N614 billion and this is to 35 states.

“This means an equivalent is N175 billion per state. Council agreed. Council agreed to constitute a team of the Nigeria Governors Forum (NGF), Ministry of Finance and the Central Bank of Nigeria (CBN), to finalize modalities to commence repayment of these facilities to the Central Bank.”

The Minister further gave the balances on two special accounts, the Stabilization Fund Accounts and Natural Resource Development Fund which has combined balance as at 20th August of $95,329,245 million.

She said, “The Stabilization Fund Account which has a balance of N21,729 billion and Natural Resource Development Fund which has N95,896 billion.”

Added that the Adhoc Committee on Excess Crude and other special accounts of the federation requested for an extension to finalize its report and report to NEC meeting.



See more here https://thickmatch.com/buhari-govt-moves-recover-n614-billion-35-states/

4 Likes

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by simonlee(m): 6:34pm On Aug 22, 2019
all these billions making headlines daily..

if you're depressed on NL, you can talk to me... but if its about money,please keep it to yourself. don't come and depress my depression abeg undecided

36 Likes 4 Shares

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by cenaman(m): 6:57pm On Aug 22, 2019
Buhari amaka.

7 Likes 1 Share

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by simonlee(m): 8:10pm On Aug 22, 2019
cenaman:
Buhari amaka.
are you not a shiite Igbo?

26 Likes 2 Shares

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by Amieinu123(m): 8:10pm On Aug 22, 2019
juust waiting for Ipob fools to comment

4 Likes 4 Shares

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by hypertension(m): 8:10pm On Aug 22, 2019
grin grin grin

"Moves to"..this country eh

2 Likes 1 Share

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by DevilhimseIf: 8:10pm On Aug 22, 2019
very useless vagabond gworo chewing bastard burukutu sipping monkey called presidiot mumuhamado mumuharii
thunder scatter buhari Insha'Allah Amin
thunder scatter buhari Insha'Allah Amin
thunder scatter aisha masha Allah Amin
thunder scatter Zara Insha'Allah Amin
thunder scatter Yusuf Insha'Allah Amin

bunch of criminal vagabond family
tueh!!!
Buhari is a criminal terrorist
aisha is a shameless corrupt prostitute
osibanjo is a vagabond puppet and a hopeless bastard charlatan bribe eating scumbag fake pasta
tinubu is a bastard drug dealing vagabond

kiss the truth

19 Likes 1 Share

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by DevilhimseIf: 8:10pm On Aug 22, 2019
Amieinu123:
juust waiting for Ipob fools to comment

9 Likes 1 Share

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by DrNueLpureHoney(m): 8:11pm On Aug 22, 2019
All we know is that God will always guide and provide for us.


Greetings my people,

If yOu are looking for where to buy original unadulterated honey?

Worry no more... Kindly call or whatsapp me on 08092151959

Thanks

3 Likes 1 Share

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by lmm4real: 8:11pm On Aug 22, 2019
lipsrsealed wait o, what ever happened to all the previously recovered funds, no one seems to be asking.

Where is all the money that the PMB government has recovered thus far? Where and how did they spend it.

This country we they forget things easily o and the politicians know this. undecided

175 Billion per state, who wan pay that money grin grin grin

4 Likes 1 Share

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by Amieinu123(m): 8:11pm On Aug 22, 2019
DevilhimseIf:
[s][/s]
people you see one

1 Like 1 Share

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by DevilhimseIf: 8:12pm On Aug 22, 2019
Amieinu123:


people you see one

claptrap and stupid trash

3 Likes 1 Share

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by Barrywest(m): 8:12pm On Aug 22, 2019
The feful of Naigeriah, president buhari cannot Coman can

1 Like 1 Share

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by wink2015: 8:13pm On Aug 22, 2019
hardtoget:
The Federal Government on Thursday said it has begun moves to recover the sum of N614 billion advanced to 35 states as budget support facility.

This was made known by the Minister of Finance, Budget and National Planning, Zainab Ahmed.

She made the disclosure at the press briefing at the end of the over three hours of the National Economic Council meeting, presided over by Vice President Yemi Osinbajo, at the Council Chambers of the Presidential Villa.

The Presidency, through Vice President, Yemi Osinbajo, had earlier disclosed the President Muhammadu Buhari administration had in the past three years, intervened through loans, bailouts and Paris Club refunds to states to the tune of well over N1.1trillion.

The minister said on Thursday that “As at today, the budget support facility advanced by the Federal Government to the states is a total sum of N614 billion and this is to 35 states.

“This means an equivalent is N175 billion per state. Council agreed. Council agreed to constitute a team of the Nigeria Governors Forum (NGF), Ministry of Finance and the Central Bank of Nigeria (CBN), to finalize modalities to commence repayment of these facilities to the Central Bank.”

The Minister further gave the balances on two special accounts, the Stabilization Fund Accounts and Natural Resource Development Fund which has combined balance as at 20th August of $95,329,245 million.

She said, “The Stabilization Fund Account which has a balance of N21,729 billion and Natural Resource Development Fund which has N95,896 billion.”

Added that the Adhoc Committee on Excess Crude and other special accounts of the federation requested for an extension to finalize its report and report to NEC meeting.



See more here https://thickmatch.com/buhari-govt-moves-recover-n614-billion-35-states/

Niger delta crude oil money they are beating their chest for?

2 Likes 1 Share

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by vedaxcool(m): 8:13pm On Aug 22, 2019
The state governors who still owe despite bail out funds and Paris refund should be flogged till they become unconscious.

4 Likes 1 Share

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by Nobody: 8:14pm On Aug 22, 2019
Unfurtunately 80% of money was either paid to civilian servants who are less than 5% of Nigerian population or paid on some kangaroo contract in the name of infrastructure

3 Likes 1 Share

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by feelmeTy: 8:14pm On Aug 22, 2019
Haaaaaaaa another one

5 Likes 1 Share

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by Amieinu123(m): 8:14pm On Aug 22, 2019
DevilhimseIf:
[s][/s] claptrap and stupid trash
ipob how market

1 Like 1 Share

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by DevilhimseIf: 8:15pm On Aug 22, 2019
Amieinu123:


ipob how market

trash

4 Likes 1 Share

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by Hades2016(m): 8:15pm On Aug 22, 2019
After recovering it what’s next all the APC chieftain will drop their AZA for credit alerts ... Nigeria is a joke..... Una go dey okay las las

3 Likes 1 Share

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by MyGeneration(m): 8:16pm On Aug 22, 2019
lol... i no sure say states go gree pay back that money o

1 Like 1 Share

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by ibechris(m): 8:17pm On Aug 22, 2019
Is it Abia or Kogi that can't pay workers salary that will repay federal govt,abi na another country govt we de talk here.

Although, Federal govt is right but state govts will not pay this money...their excuses will make one cry.

2 Likes 1 Share

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by Amieinu123(m): 8:17pm On Aug 22, 2019
DevilhimseIf:
[s][/s] trash

devilhimself devilipob.hw is ur Lord Nnamdi Kaluuuu

1 Like 1 Share

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by faithfull18(f): 8:17pm On Aug 22, 2019
Been hearing this over four years ago.

1 Like 2 Shares

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by Murphy123: 8:17pm On Aug 22, 2019
Money dey 9ja sha.

1 Like 1 Share

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by GOFRONT(m): 8:18pm On Aug 22, 2019
Chaiiii......Yet Hunger n Hardship hook my people for throat like a Bow tie...

1 Like 1 Share

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by lilytender: 8:20pm On Aug 22, 2019
DevilhimseIf:
very useless vagabond gworo chewing bastard burukutu sipping monkey called presidiot mumuhamado mumuharii
thunder scatter buhari Insha'Allah Amin
thunder scatter buhari Insha'Allah Amin
thunder scatter aisha masha Allah Amin
thunder scatter Zara Insha'Allah Amin
thunder scatter Yusuf Insha'Allah Amin

bunch of criminal vagabond family
tueh!!!
Buhari is a criminal terrorist
aisha is a shameless corrupt prostitute
osibanjo is a vagabond puppet and a hopeless bastard charlatan bribe eating scumbag fake pasta
tinubu is a bastard drug dealing vagabond

kiss the truth


MAD 101: Introduction to Madness

5 Likes 1 Share

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by Jasseyfrd(m): 8:21pm On Aug 22, 2019
OSUN MARIJUANA AT WORK

1 Like 1 Share

Re: Buhari Govt Moves To Recover N614 Billion From 35 States by lmm4real: 8:22pm On Aug 22, 2019
simonlee:

are you not a shiite Igbo?

Na Fulani igbo. ( grin grin cheesy

1 Like 1 Share

(1) (2) (3) (Reply)

Abia Traditional Rulers Visit Ikpeazu, Give Him Their Supports / EFCC Prevented Mohammed Abubakar From Siphoning N11.7b Bauchi Fund - Bala / Blessing Blackson, Wife Of Man Who Died Saving 6 In Boat Mishap Cries Out

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2020 Oluwaseun Osewa. All rights reserved. See How To Advertise. 105
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.