Breaking: Osinbajo meeting with governors, ministers in Aso Rock

Breaking: Osinbajo meeting with governors, ministers in Aso Rock

- The acting president, professor Yemi Osinbajo, is currently in a meeting with governors and ministers in Aso Rock

- The meeting is coming two days after the release of details of state-to-state payment of Paris Club loan refunds

- Crucial decisions are expected to be made at the meeting

Professor Yemi Osinbajo, Nigeria's acting president, is currently in a meeting with state governors at the Council Chambers of the Presidential Villa in Abuja.

Legit.ng gathered that ministers and heads of some agencies are also in attendance in the National Economic Council (NEC) meeting.

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It is believed that the acting president would make crucial economic decisions at the meeting.

The meeting is coming days after the federal government released the second tranche of the Paris Loan refund to state governments.

Legit.ng had reported that the federal government has released a state-by-state breakdown of another tranche of refund amounting to N243.8 billion being over-deductions on Paris Club, London Club Loans.

The minister of Finance, Mrs Kemi Adeosun, in a statement on Tuesday, said that the debt service deductions were in respect of the Paris Club, London Club and Multilateral debts of the Federal and state government from 1995 to 2002.

President Muhammadu Buhari had earlier approved the release of N522.74 billion as first tranche of payment to states.

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“These payments, which totalled N243, 795,465,195, were made to the 36 states and the Federal Capital Territory upon the approval of the president on May 4, 2017.

Legit.ng in this video asks Nigerians if they believe President Buhari has taken Nigeria out of recession. Here are their responses:

Source: Legit.ng

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