Federal Government to 35 State Governors: Return the N614bn bailout fund you collected

Federal Government

The Federal Government has asked states governors to return the N614bn bailout fund it offered to 35 states under the National Budget Support Loan Facility. Only Lagos State during the administration of her immediate past Governor Mr. Akinwunmi Ambode FCA did not collect the bailout fund. The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, said this last Thursday, noting that, each of the governors of the states would return N17.5bn each. Speaking with newsmen after a meeting of the National Economic Council in Abuja, Ahmed said, “The…

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