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Finally, Nigerian Govt. Releases Details Of Paris Club Refunds To States - Politics - Nairaland

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Boko Haram Releases Details About Leah Sharibu, Gives FG Condition For Release / FG Bars States Owing Salaries From Accessing $2.69bn Paris Club Refunds / We Have Received N6.314bn Second Tranche Of Paris Club Refunds : Osun Goverment (2) (3) (4)

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Finally, Nigerian Govt. Releases Details Of Paris Club Refunds To States by realjoker(m): 8:50pm On Jun 09, 2017
The federal government has finally released a breakdown of the first tranche of Paris Club refunds paid to states to date.
The payments, totalling N516.38 billion, were made to the 36 states and the Federal Capital Territory upon the approval of President Muhammadu Buhari on November 21 2016, a statement by Salisu Danbatta, director of information in the Ministry of Finance said.
The payments were in partial settlement of longstanding claims by State Governments relating to over-deductions from their Federation Account Allocation Committee (FAAC) allocation for external debt service arising between 1995 and 2002.
The debt service deductions are in respect of the Paris Club, London Club and Multilateral debts of the FG and States. While Nigeria reached a final agreement for debt relief with the Paris Club in October 2005, some States had already been overcharged.
The government had initially turned down repeated requests to release the payment details.
“The funds were released to state governments as part of the wider efforts to stimulate the economy and were specifically designed to support states in meeting salary and other obligations, thereby alleviating the challenges faced by workers,” the statement said.
The releases were conditional upon a minimum of 50 per cent being applied to the payment of workers’ salaries and pensions.
The Federal Ministry of Finance said it was reviewing the impact of these releases on the level of arrears owed by State Governments.
Mr. Danbatta said a detailed report is being compiled for presentation to the Acting President Yemi Osinbajo, as part of the process for approval for the release of any subsequent tranches.

See the payment details below:



LOCAL GOVERNMENTS (1995-2002)
Show entries
Search:
S/N 
STATE 
TOTAL AMOUNT PAID IN NGN

1
ABIA
11,431,531,742.97

2
ADAMAWA
10,257,434,321.63

3
AKWA IBOM
25,981 255,165.12

4
ANAMBRA
12,243,313,404.68

5
BAUCHI
13 755,553,122.51

6
BAYELSA
24 895,696,347.55

7
BENUE
13 709,343,498.51

8
BORNO
14,681,869,730.63

9
CROSS RIVER
12,150,687,893.85

10
DELTA
27,606,963,362.46

11
EBONYI
9,016,166,759.96

12
EDO
12,182,253,184.99

13
EKITI
9,545,673,294.17

14
ENUGU
10,723,578,819.32

15
GOMBE
8,945,755,396.38

16
IMO
14,001,610,365.94

17
JIGAWA
14,215,333,413.52

18
KADUNA
15,443,458,455.1

19
KANO
21,740,390,362.48

20
KATSINA
16,404,261,819.71

21
KEBBI
11 954,998,982.9

22
KOGI
12,055,455,191.6

23
KWARA
10,241,288,653.14

24
LAGOS
16,743,876,266.21

25
NASARAWA
9,102,098,342.24

26
NIGER
14,421,586,309.89

27
OGUN
11,478,749,388.92

28
ONDO
14,007,296,628.57

29
OSUN
12,628,212,681.25

30
OYO
13,315,423,054.25

31
PLATEAU
11,288,158,110.82

32
RIVERS
34,925,785,322.06

33
SOKOTO
12,882,257,093.52

34
TARABA
9,326,607,975

35
YOBE
10,826,206 233.18

36
ZAMFARA
10,884,771,188.99

37
FCT
1,369,735,000.09
TOTAL
516384636883.81


http://www.premiumtimesng.com/news/headlines/233555-breaking-finally-nigerian-govt-releases-details-of-paris-club-refunds-to-states.html



lalasticlala
Re: Finally, Nigerian Govt. Releases Details Of Paris Club Refunds To States by auntysimbiat(f): 8:59pm On Jun 09, 2017
cool
Re: Finally, Nigerian Govt. Releases Details Of Paris Club Refunds To States by Kyase(m): 8:59pm On Jun 09, 2017
and Ortom no fit pay salaries na to buy wheel barrows, better suswam wey go buy foreign pigs for us
Re: Finally, Nigerian Govt. Releases Details Of Paris Club Refunds To States by Kyase(m): 9:01pm On Jun 09, 2017
auntysimbiat:
cool
thunder do your work, she collect my ftc with just that word.
Re: Finally, Nigerian Govt. Releases Details Of Paris Club Refunds To States by realjoker(m): 9:14pm On Jun 09, 2017
Kyase:
thunder do your work, she collect my ftc with just that word.

Re: Finally, Nigerian Govt. Releases Details Of Paris Club Refunds To States by auntysimbiat(f): 9:21pm On Jun 09, 2017
Kyase:
thunder do your work, she collect my ftc with just that word.


you well so??
Re: Finally, Nigerian Govt. Releases Details Of Paris Club Refunds To States by Kyase(m): 9:25pm On Jun 09, 2017
auntysimbiat:


you well so??
go sleep jor rain dey fall
Re: Finally, Nigerian Govt. Releases Details Of Paris Club Refunds To States by krasican(m): 9:32pm On Jun 09, 2017
smh for delta chai...... see ekiti..kogi..benue ...Oyo ...imo.....and they are still owing their workers ......rivers got the highest cash and notin to show for it
Re: Finally, Nigerian Govt. Releases Details Of Paris Club Refunds To States by cjrane: 11:42pm On Jun 09, 2017
Paris club refund.

Any reason why Kano which isn't an oil producing state should surpass Lagos? Except that this is Nigeria.

1 Like

Re: Finally, Nigerian Govt. Releases Details Of Paris Club Refunds To States by Amberon11: 5:38am On Jun 10, 2017
Can someone explain what this paris fund is about to me?
Re: Finally, Nigerian Govt. Releases Details Of Paris Club Refunds To States by mykelmeezy: 6:24am On Jun 10, 2017
sad thing is most nigerians are so closed minded


and this our "be thankful for everything" attitude yhat has been mistaken for stupidity will be our biggest undoing



most people don't know how our politrickians work


else just me we would perform a "Stephen" on our leaders regularly



all this refund here n there still no progress

1 Like

Re: Finally, Nigerian Govt. Releases Details Of Paris Club Refunds To States by DaudaAbu(m): 6:34am On Jun 10, 2017
Ekiti collect 9.5 bn yet he is still owing workers?


Thunder wey go fire dis our gov's ehh just finished 6 mnth inensive training for nigerian military depot zaria
Re: Finally, Nigerian Govt. Releases Details Of Paris Club Refunds To States by fulanmafia: 7:52am On Jun 10, 2017
cjrane:
Paris club refund.

Any reason why Kano which isn't an oil producing state should surpass Lagos? Except that this is Nigeria.

The refund is based on the deduction from the coffers of the state and each of its LGA's.

Lagos - 20 LGA's
Kano - 44 LGA's

That's a logical reason.
Re: Finally, Nigerian Govt. Releases Details Of Paris Club Refunds To States by Ibifizzleboy(m): 8:22am On Jun 10, 2017
with this amount released, states governors are still owing workers salaries. God help
my country
Re: Finally, Nigerian Govt. Releases Details Of Paris Club Refunds To States by LogoDWhiz(m): 8:58am On Jun 10, 2017
The refund is not enough to offset debts. In a state wherd the wage bill is 5bn, nd u give them 8bn and ask them to share it at lg and state level. Nd still divide it 50 50 for capital projects nd recurrent expenditure.

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