President Muhammadu Buhari and the state governors on Tuesday agreed to find joint solution to end the financial crisis being faced by some state governments.
The resolution was reached after a meeting between the president, Vice President, Yemi Osinbajo, and the state governors at the presidential villa.
Addressing State House correspondents, Zamfara State Governor, Abdulazeez Yari, who is also the Chairman of the Nigeria Governors Forum, said instead of bailouts, the governors requested for the refund of Federal Government projects they carried out in their states.
He said the governors also asked that the tax paid by the Nigeria Natural Liquefied Gas Company be paid into the Federation Account and be shared.
The governor added that they also asked the Federal Government to ensure that all monies are paid into the Federation Account for sharing as stipulated by the constitution.
The meeting started at exactly 10.10am with the arrival of the President.
Among state governors in attendance when the meeting started were those of Rivers, Ogun, Imo, Gombe, Benue, Abia, Delta, Niger, Kano, Katsina, Zamfara, Kogi, Borno and Jigawa.
Others were governors of Kebbi, Kwara, Taraba, Ekiti, Ondo, Kaduna, Oyo, Osun, Edo, Anambra, Sokoto, Ebonyi, Lagos, Adamawa, Cross Rivers, Akwa Ibom and Yobe States.
Plateau and Bayelsa States were represented by their deputy governors.