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