Tinubu Seeks Senate Approval for N100.5bn Yobe Airport Reimbursement
Nigeria, Oct. 13 -- President Bola Ahmed Tinubu has asked the Senate to approve a N100.5 billion promissory note programme to reimburse the Yobe State Government for the construction of the Muhammadu Buhari International Cargo Airport in Damaturu.
Tinubu made the request in a letter addressed to the President of the Senate, Godswill Akpabio, seeking legislative approval for the issuance of the promissory note through the Debt Management Office (DMO).
The President explained that the Federal Executive Council, at its second extraordinary meeting held on May 23, 2023, approved the Federal Government's takeover of the airport project and the reimbursement of the construction cost to the state government.
According to the letter, the Bureau ...
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