By Bright Bassey
Yakubu Dogara, Speaker, House of Representatives, has said the Federal Government would refund at least N20 billion to each of the 36 states for infrastructural development.
Dogara disclosed this when he visited the Igwe of Ogwuekpele, in Anambra State.
In a statement issued by Iliya Habila, Senior Special Assistant on Media and Publicity, the speaker said the FG would assist the states in providing critical infrastructure when the debts were refunded.
“Regarding debts owed to states, I can announce that very soon, a chunk of money will be given to all the states.
“It is being processed and I know that no state will get less than N20 billion from the money that is coming.
“That will be something substantial in the hands of the governors. Those that are spirited, I believe they will be able to translate that money into development so that they can support the diversification of the Federal Government.” The statement read.
When asked by the Igwe about the decaying infrastructure in the state, the Speaker responded that Federal Government was planning to invest on infrastructure and provision of capital.
“Without Capital you cannot invest, so these are the two things that this government is devoted in carrying out”
“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.’’ Dogara said.