State Governments across Federation owe the federal government a total of N16.6 billion, Finance Minister Wale Edun has said.
He revealed this to State House correspondents after Thursday’s National Economic Council (NEC) meeting in Abuja.
In his presentation on the federation’s financial accounts, Edun outlined the financial balances of key federal accounts as at December 10, 2024.
He reported that while States collectively hold surplus funds amounting to N363.4 billion with…
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