Tinubu Seeks Senate Approval For N100.5bn Damaturu Airport Reimbursement

President Bola Tinubu has asked the Senate to approve a N100.5 billion promissory note programme to reimburse the Yobe State Government for the cost of the Muhammadu Buhari International Cargo Airport in Damaturu.
In a letter addressed to Senate President Godswill Akpabio and read during Tuesday’s plenary in Abuja, Tinubu sought legislative approval for the establishment and issuance of the promissory note programme through the Debt Management Office (DMO).
The President told the Senate that the Federal Executive Council (FEC), at its second extraordinary meeting held on May 23, 2023, approved the takeover of the airport, constructed by the Yobe State Government, as well as the reimbu...