States to get N720bn refund for infrastructure – Dogara

Cash-strapped states in2016_11_14_41876 the federation are to receive a succour of N720 billion from the Federal Government.
The money is a refund of part of the money the states spent to fix dilapidated fed­eral infrastructure, especial­ly roads.
The cheering news was broken by the Speaker, House of Representatives, Hon. Yakubu Dogara, when he visited the Igwe of Og­wuekpele, His Royal High­ness Igwe Valentine B.C. Onyema Ogidiga, in Og­wuekpele, Anambra State.
Dogara disclosed that the Federal Government would refund N20 billion to each of the 36 states of the feder­ation for infrastructural de­velopment.
In a statement issued by his Senior Special Assis­tant on Media and Public­ity, Iliya Habila, the Speak­er said that when the debts are refunded, it would as­sist states in providing critical infrastructure in their respective states.
He said: “As regards to debts being owed the states, I can announce that very soon, a chunk of money will be giv­en to states. It’s being pro­cessed and I know that no state will get less than N20 billion from the money.
“That will be something substantial in the hands of the governors. Those that are spir­ited, I believe, will be able to translate that money into de­velopment so that they can support the diversification of the Federal Government”.
Responding to the Igwe Ogidiga’s concern on decay­ing infrastructure in the state, Dogara said that the Federal Government was planning to invest more on infrastructure.
Dogara said: “Without capital you cannot invest; so, these are the two things that this government is devoted in.
“By doing so, Nigerians can have enough capital, they will have the needed infra­structure for the establishment of functional industries for the evacuation of either solid min­erals or agricultural products.
“And we know that agri­culture has the potential of providing employment for the majority of our people.
“And I can assure you that when we talk about diversi­fication, it is not just on pa­per. There have been efforts by the government to source money so that they can begin in earnest in putting up infra­structure, functional road net­works, inter-model and mul­ti model connectivity of our transportation and talk about building airports, railways and integrating them with land transportation.
“These are the things that are on the agenda and then giving citizens access to cheap capital that they can use to bet­ter their lives and start busi­nesses and provide employ­ment that will earn us foreign exchange.”
Earlier, Igwe Ogidiga had urged the government to en­sure the provision of infra­structure such as roads in Anambra to enable farmers transport their produce to the market.
He also appealed to the government to refund mon­ey spent by the state govern­ments on some federal pro­jects to enable them provide more facilities.
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