FG approves N78Billion for Rivers government

The Federal government has approved the refund of over N78billion to the Rivers State government for the money spent on the construction of federal roads in the State.

The N78,953,067,518.29 is said to be for the construction of three Federal roads, including the Port Harcourt-Owerri road and three flyover bridges, including the Obiri-Ikwerre interchange, all in Rivers State.

The approval for the refund was made at the third virtual Federal Executive Council meeting at the State House, presided over by President Muhammadu Buhari.

This followed a memo presented by the Minister of Works and Housing, Babatunde Fashola.

The total funds approved for reimbursement to some state governments is N148,141,987,161.25, for 5 states.

The states include; Cross River (N18,394,737,608.85), Ondo…

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