On Thursday, the House of Representatives approved a significant financial request from President Bola Tinubu, authorizing a refund of approximately N24 billion for two state governments, Kebbi and Nasarawa. This refund compensates the states for their expenditures on airports that were subsequently taken over by the Federal Government. The approval follows a letter sent by President Tinubu to the House Speaker, Tajudeen Abbas, dated May 16, 2024, outlining the need for reimbursement: N15 billion for Kebbi, which funded the construction of the Sir Ahmadu Bello International Airport in Birnin Kebbi, and N9 billion for Nasarawa, which built the Lafia Cargo Airport.
The decision was rooted in the Executive Council’s meeting, held on May 23, 2023, where it was agreed that a promissory note program would be established to facilitate the reimbursements. In this arrangement, Kebbi State is set to receive approximately N15.14 billion, while Nasarawa will receive about N9.54 billion. The promissory notes confirm the Federal Government’s commitment to repaying these amounts as compensation for the costs incurred by the states in constructing airports that serve significant public transportation roles.
As the House of Representatives deliberated on Tinubu’s request, they dissolved into a Committee of Supply to review the detailed reports provided by the Chairman of the Committee on Aids, Loans, and Debts Management, Mr. Abubakar Nalaraba. Once discussions concluded, the legislative body granted its approval. This action underscores the cooperation between the Federal Government and state administrations, highlighting an acknowledgment of the investments made by the states in infrastructure critical to regional connectivity and economic development.
The financial transactions involved in this approval stem from the Federal Government’s intention to strengthen ties with state governments by recognizing their infrastructural efforts. By refunding these amounts, the Federal Government aims to alleviate the financial burdens on Kebbi and Nasarawa, which have already invested substantial resources into airport construction. Such investment not only enhances local transport and trade but also aligns with the nation’s broader economic goals.
In expressing gratitude for the prompt approval, lawmakers emphasized the essential role that well-managed infrastructure plays in supporting economic growth and regional development. They reiterated the need for continued collaboration between federal and state entities to ensure that future projects receive the necessary funding and support. This incident is seen as a stepping stone towards improved communication and partnership, essential for fostering a more dynamic economic environment across Nigeria.
Overall, the resolution passed by the House of Representatives represents not just a financial transaction but a strategic move to promote better infrastructure across Nigeria. The funding for the Kebbi and Nasarawa airports symbolizes the importance of collaborative governance and reflects the Federal Government’s commitment to facilitating development initiatives at the state level. This decision could pave the way for additional state projects in the future, potentially enhancing the overall economic landscape of Nigeria.
