#Buhari Approves N656bn Fresh Budget Support Facility For States

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The National Economic Council (NEC) says President Muhammadu Buhari has approved a fresh N656 billion Bridge Financing Facility to the 36 States.

Hajiya Zainab Ahmed, Minister of Finance, Budget and National Planning, disclosed this on Thursday at a virtual NEC meeting presided over by Vice President Yemi Osinbajo and anchored from the Presidential Villa, Abuja.

The minister said that the support was to help state governments to meet their financial obligations, especially the previous budget support facility due for repayment.

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