President Muhammadu Buhari, along with vice president Yemi Osinbajo, and the state governors have ended a meeting to resolve lingering cash crisis plaguing both the Federal and state governments.

The meeting held at the council chambers of the Presidential Villa in Abuja, the Nigerian capital, ended with a resolve by all parties to end the crisis, that has made no fewer than 22 states, accumulate Salary arrears To Workers. One estimate put the indebtedness at N110 billion.

Zamfara State Governor, Abdulazeez Yari, who spoke with media men said the meeting resolved that instead of the Federal Government giving the states bailouts, the governors requested for the refund of money spent by the states to carry out Federal Government projects 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.

It was the first time President Buhari will meet the governors since his inauguration on May 29.

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, 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.

* With reports by Punch online.