Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,143,304 members, 7,780,709 topics. Date: Thursday, 28 March 2024 at 08:12 PM

Paris Club Refund: Govs Angry Over N16.67b Secret Payment To Osun - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Paris Club Refund: Govs Angry Over N16.67b Secret Payment To Osun (301 Views)

APC Governors Angry Over Tinubu’s Choice Of Shettima, To Meet Buhari Today / Paris Club Refund: Governors Angry Over N16.67bn Secret Payment To Osun / Kogi Borrowed Billions From Banks Despite Paris Club Refund & Bailouts (Photos) (2) (3) (4)

(1) (Reply)

Paris Club Refund: Govs Angry Over N16.67b Secret Payment To Osun by zik4ever: 10:30am On Sep 08, 2018
State governors across party lines are presently fuming over an alleged secret payment of N16.67 billion, said to be the last tranche of Paris Club refund payment to Osun state government.

The state government was in December 2017 paid along other states by the federal government the third tranche of the refund, amounting to N6.3 billion.

Paris Club refund is a partial settlement of long-standing claims by state governments relating to over-deductions from their Federation Account Allocation Committee (FAAC) payments for external debt service between 1995 and 2002.


Three tranches had been released earlier to all the states, with the last released alongside the December 2017 federal allocations to enable most of the states owing months of staff salaries offset the backlog.


At least three state governors from both the ruling APC and opposition PDP who spoke to Saturday Sun on the latest payment yesterday expressed anger over the secret manner the payment was made to only Osun. They argued that the refund was made to empower the state government successfully prosecute the September 22 governorship election in which the APC candidate, Isiaka Gboyega Oyetola is facing a strong challenge from the candidates of at least three other parties; PDP, ADP and SDP.

“All states and governors need money at this critical time to pay workers salaries and provide basic infrastructure needed by our people but instead of the federal government treating us equally, they have chosen to pay only Osun state this huge sum at the expense of the rest of us who are equally in dire need of whatever refund we have left”, one of the state governors told Saturday Sun yesterday.

Another governor who also sounded unhappy about the development said “the secret payment was all geared towards mobilizing for APC in the coming governorship election in Osun and certainly not for the state workers. Otherwise, it should have been a general and open payment to all the states.”

The third governor who also said he got wind of the payment vowed that he was going to mobilise his colleagues to pressure the federal government to release whatever is due to other states without further delay. “What is sauce for the goose is sauce for the gander”, he stressed.


The Federal Government had in March, 2018 claimed that it had so far shared N1.9 trillion among states as support from the Paris Club refund. Vice President Yemi Osinbajo made this known in his address at the fourth edition of the Ogun Investors’ Forum in Abeokuta.

Osinbajo said that the Muhammadu Buhari-led administration had continued to extend equal and unbiased support to states of the federation regardless of party affiliations. He said it would be difficult to point to any government that had been more supportive in the development of the ambitions of states as the present administration.

The Vice President had recalled that no fewer than 26 of the 36 states in Nigeria could not pay the salaries of their workers when the present administration assumed power in 2015. Osinbajo explained that the federal government, however, came to their rescue by extending funds to them.
http://sunnewsonline.com/paris-club-refund-govs-angry-n16-67b-secret-payment-osun/
Re: Paris Club Refund: Govs Angry Over N16.67b Secret Payment To Osun by chiefolododo(m): 10:40am On Sep 08, 2018
17bn naira to win election. FG is evil, buhari can't help them to pay salary but can release money to them 2weeks to election so that they can rig election and bribe voters.

I heard that they are empowering osun indigenes with #10000 to start agbo Jedi business, how did we get here?

they are playing on people's intelligences, they want osun people to at least feel comfortable now and after the election, the pain and suffering will be multiplied.

THERE WAS INDEED A COUNTRY.
Re: Paris Club Refund: Govs Angry Over N16.67b Secret Payment To Osun by Johnnyessence(m): 10:41am On Sep 08, 2018
If You Are A Student Studying In Osun And You Are Praying For Continuity, You Are Liable To Spend 8 Years Studying Business Administration In Iree Poly. A course of 4 to 5 years Both ND And HND

If You are A Student Of Uniosun Studying Law And You Are Yarning For Continuity, You Are Liable To Open Your Chamber In The School Premises, Because 15 Years To This Time You Won't Graduate.

Eyi to wa buru ju ni! If You Are A Student Of Lautech, I Mean Ladoke Akintola University Of Technology And You Are Studying Medicine But You are Praying For Continuity, My Brother Please Use Your First Semester Result To Seek Job In The School Clinic Because 20 years To This Time they don't know how to decide your future

The Continuity They Mean Is Continuity Of Suffering

(1) (Reply)

Nigerians Looking Up To PDP To Rescue Them – Ekweremadu / West Says No To Pdp Automatic Ticket / Imo 2019: I Will Liberate My State From The Shackles Of APC

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 19
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.