Skip to main content

Akwa Ibom wants FG to refund N140bn

The Akwa Ibom Government has renewed its appeal to the Federal Government to refund the N140 billion it had spent on repair of federal roads in the state.
The State Governor, renewed the appeal on Friday while speaking to Government House Correspondents at Ibom International Airport on arrival from official assignment in Abuja.
Emmanuel said that the refund was necessary to help the state government to add value to its infrastructure consolidation programme now that the dry
season was at hand.
The governor said that he would appreciate if the Federal Government would reimburse at least 50 per cent of this amount to the state.
Emmanuel said that he was in Abuja to attend the National Economic Council meeting as well as the Nigerian Governors’ Forum.
He said that the National Economic Council and the Nigerian Governors’ Forum meetings were successful as far reaching decisions that would ginger the country’s development were taken.
The governor commended the Federal Government for granting approval for the Central Bank to introduce the Anchor Borrowers Scheme to assist farmers in the country.
He said that the scheme had assisted the state in the commencement of cocoa production and other agricultural projects.
Emmanuel said that the state was poised to key into the agricultural programmes of the Federal Government to ensure wealth creation and food sufficiency in the country.
“We should thank President Muhammadu Buhari who has given approval for the Central Bank to fund the Anchor Borrowers Scheme which the states have benefitted,” Emmanuel said.
He, however, expressed regret that the power sector was in dire need of attention and called on the Federal Government to intervene and save power distribution from imminent collapse.
“There is the need to intervene especially in the area of transmission. States like ours are able to generate, but cannot transmit. It’s a problem,” Emmanuel said.
Akwa Ibom is currently generating 190 megawatts of electricity from its Ibom Power Plant in Ikot Abasi Local Government area.

Comments

Follow Us

WHAT'S HOT

Google’s AI Can Create Code Better Than The Researchers Who Made It

Google developed AutoML to be an artificial intelligence that could help humans create other self-learning systems.

The MS Paint App Is Now Coming To The Windows Store

Just when the world started mourning  about the possible death  of the image editing grandpa, MS Paint, Microsoft has showered some mercy upon the not so feature rich tool. Earlier, It was known that Microsoft was going to deprecate MS Paint after the release of

Best Android Cleaner Apps You Need To Try Out Now

Cache files pile up over time and need to be cleared. Also, junk from ads and image thumbnails take up a lot of space. Android cleaner apps do a good job of finding unnecessary files and

Reddit Transforms Into a Social Network But It Has Only ‘Three Users’

Reddit is working on social network-styled user profiles allowing Redditors to post content in their name and follow other profiles. Reddit’s co-founder Alexis Ohanian, Shitty_Watercolour, and Riot Games are the three users who have been given a profile each for the alpha testing. User profiles will roll out to all the users in the coming months.