Kwara Cabinet Approves Proposal To Offset Debt With Pending FG’s Excess Crude Accounts’ deductions
The Kwara State Executive Council has approved the state government’s proposal to offset its local debt stock with the outstanding payments of its share of the Federal Government’s unauthorised deductions from Excess Crude Accounts between 2009 and 2015. The Nigerian Governors’ Forum is proposing that each state converts its balance of the deductions to what…