President Muhammadu Buhari has approved another budget support loan facility for states in the country. It is the latest in the series of budget loan facility extended to the states by the federal government. He said Council was informed that there were possible under remittances from certain Revenue Generating Agencies to the Federation Account among others. He added that Council was also informed of questionable loans granted by some of the Revenue Generating Agencies. He revealed that Council directed the Committee to conclude its report under four weeks and report back to Council at the next meeting.

Source: Nigerian Tribune November 23, 2017 20:13 UTC