• Contact Us
  • About Us
Wednesday, May 27, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

Governors In Marathon Meeting Over N614bn Bailout Deductions

metro by metro
October 28, 2019
in Economy
0
0
SHARES
0
VIEWS

The thirty- six State Governors under the aegis of Nigeria Governors Forum (NGF), have converged in Abuja for a marathon meeting to review deductions being made from states accounts following bailout funds of N614 billion given to them by the federal government.

The meeting is at the moment on going, just as a source said that the governors who are ready to Pay, want to ask of adjustment of timeline, may be from a period of ten years to fifteen years.

Read Also

World Bank Limits Instagram Comments Over Nigerians Negative Reactions To FG’s Latest Loan Plan

Nigeria’s Inflation Rises To 15.69% As Costs Of Food, Transport, Others Increase 

Tinubu Says Nigeria Will Spend About $11.6bn On Debt Servicing In 2026, Insists Country Will Continue To Borrow Responsibly

The states have recently commenced the repayment of the money they collected as demanded by the federal government.

According to them, the deductions are too much and seeking extension to the period of repayment at a less stringent rate.

Other items on the agenda are the Consideration and Adoption of the Minutes of the Last NGF Meeting; Chairman’s Update on Bill and Melinda Gates Foundation PHC Meeting in Seattle, Nov. 12-13, 2019 and other side meetings.

Other items are Proposal for Recovery of Funds Due to State Governments (Withholding Tax (WHT), Collection of Ground Rent. NTEL, MTEL etc.); biefing by NEC Ad-hoc Committee on Excess Crude and other Special Accounts of the Federation H.E. Governor Nasir El-Rufai; Review on NEC Meeting Agenda; Update on PHCOUR and other health related matters and Director General Brief.

Tags: Nigeria Governors Forum
Previous Post

Finance Minister queries N3.3 trillion overhead in 2020 budget

Next Post

Fire Guts Federal Inland Revenue Service Abuja Headquarters

Related Posts

World Bank
Economy

World Bank Limits Instagram Comments Over Nigerians Negative Reactions To FG’s Latest Loan Plan

May 15, 2026
Amid Tight Monetary Policy Measures, Nigeria’s Inflation Rises To 21.82% 
Economy

Nigeria’s Inflation Rises To 15.69% As Costs Of Food, Transport, Others Increase 

May 15, 2026
President Tinubu Addresses Joint Sitting Of NASS Wednesday, May 29, 2024.
Economy

Tinubu Says Nigeria Will Spend About $11.6bn On Debt Servicing In 2026, Insists Country Will Continue To Borrow Responsibly

May 13, 2026
Debt Management Office
Economy

DMO Announces ₦600bn FGN Bond Auction For May 2026

May 13, 2026
Next Post

Fire Guts Federal Inland Revenue Service Abuja Headquarters

AFRICA IS NOT WAITING

May 25, 2026
Equip Auto SAS France Expands Into  SSA With Launch Of Equip Auto Côte d’Ivoire Expo 

Equip Auto SAS France Expands Into  SSA With Launch Of Equip Auto Côte d’Ivoire Expo 

May 25, 2026
Trump Swears In Warsh To Lead US Federal Reserve

Trump Swears In Warsh To Lead US Federal Reserve

May 22, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version