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Paris Club: Full amount collected by 36 states, FCT

The Federal Government through the Accountant General, Idris Ahmed, of the Federation on Monday released the full list of latest tranche of Paris Club refund each states in the country and Federal Capital Territory received. The refund was released on Monday along allocations from the Federal Accounts Allocation Committee (FAAC). See full...

Paris Club: Osun gets N6.3bn share

Osun Government on Monday announced the receipt of N6.3 billion from the Federal Government, being the third tranche of the Paris Club refund to the state. Mr Bola Oyebanji, Osun Commissioner for Finance, announced refund to newsmen in Osogbo. According to Oyebamiji, the state “Apportionment Committee”, headed by former national President...

Court freezes seven account connnected to governors forum/Paris Club

The Federal High Court in Abuja has frozen seven separate accounts which, according to the Economic and Financial Crimes Commission, were used by the Nigerian Governors’ Forum to launder the sum of N10bn said to be derived from the proceeds of the Paris Club refund. Justice Gabriel Kolawole directed on...

Govs denies being directed by Buhari to clear salary arrears before Christmas

State governors has denied the media reports that President Muhammadu Buhari directed them to pay workers outstanding salaries before Christmas. The 36 governors under the aegis of Nigeria Governors Forum, said “No mention of all workers arrears, was ever made, by Buhari.” Adding that Buhari had said “For Nigerians without...

Paris Club: Buhari directs govs to clear salary arrears before Christmas

President Muhammadu Buhari has urged all state governors to utilize the Paris Club refund to settle unpaid salaries owed workers before Christmas, even as he directed CBN, Ministry of Finance, and others to work out how the outstanding fund would be paid before 2017 ends. Buhari was referring to the...

Paris loan: Gov Ahmed commits more fund for LGs

Following disbursement of an initial N1b to offset part of their outstanding salaries arresrs, kwara State Governor, Dr Abdulfatah Ahmed has pledged to make additional funds available to Local Government Councils from the Paris Club Loan refunds which accrued to the State. Governor Ahmed disclosed this yesterday while addressing stakeholders...

Paris Club: Gov. Ayade settles gratuities, salaries

Governor Ben Ayade of Cross River State has ordered the settlement of gratuities and salaries of civil and public servants to be processed from the N6.7 billion Paris Club refund recently released from the Federal Government. The state’s Head of service, Mr Ekpenyong Henshaw disclosed this while briefing journalist in...

See details of Paris Club fund collected by states

The details of N243.8 billion second tranche of the Paris Club refund on accounts of States and Local Governments has been released by the Nigerian Government. The money is part of the of the rebate of payments between 1995 and 2002, to the 36 states and Abuja as refund of...

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