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Tinubu Requests ₦100.5 Billion for Yobe Airport Reimbursement

Politics
Naijanews
Tinubu Requests ₦100.5 Billion for Yobe Airport Reimbursement

President Bola Tinubu has formally requested the Senate to approve a ₦100.5 billion promissory note programme to reimburse the Yobe State Government for the construction of the Muhammadu Buhari International Cargo Airport located in Damaturu. In a letter addressed to the President of the Senate, Tinubu urged lawmakers to consider and approve the establishment and issuance of the promissory note programme, which totals ₦100,509,017,234.55.

This request follows the Federal Executive Council's approval during its second extraordinary meeting on May 23, 2023, for the Federal Government to take over the airport and reimburse the project costs. The Bureau of Public Procurement has reviewed the project and cleared the recommended reimbursement amount.

The Senate has referred the request to the relevant committee for further legislative scrutiny, and the timing and implementation of the payment will depend on the Senate's consideration and approval.

Plus234Feed summary based on reporting from Naijanews. Read the original report below.

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