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Buhari doles out fresh N2 trillion bailout to states

2 Min Read
Buhari and NGF chairman, Dr Kayode Fayemi

The Chairman of the Progressives Governors Forum, Atiku Bagudu, has confirmed the receipt of two trillion naira from the Federal Government to the 36 states of the federation.

Bagudu said this after a closed-door meeting between President Buhari and governors elected under the platform of the All Progressives Congress (APC) in Abuja on Tuesday.

The Kebbi State governor said, “Furthermore, we used the opportunity to thank Mr. President for all he has been doing and all the successes recorded in the areas which he campaigned upon, which are security, economy and accountability.

READ ALSO: Buhari meets APC governors over ministerial list (Video)

“We are quite happy with his support for states where close to N2 trillion was given to states in the form of restructuring of loans, refunds on federal roads, refund for Paris Club, which has helped encouraged economic activities in the states, payment of salaries, payment of pensions, payment of gratuities and overall investment by infrastructural spending.

“We are also appreciative of increased investment in agriculture which has been because of conscious decision to support agriculture as a way out of economic challenges and provide economic growth,’’ he said.

He also added that the governors were in the villa to congratulate the president on the National Assembly elections and to thank him for the confidence he had in the members of the forum.

“We offer to work with Mr President to ensure that we increase economic performance, the security of our country and social cohesion,” Bagudu said.

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