₦airaland Forum

Terms for states as N500b Paris Club refund is ready


By: Yusuf Allion: March 13, 2017

https://thenationonlineng.net/wp-content/uploads/2016/04/Kemi-Adeosun-e1481407052479.jpg
• Finance Minister Mrs Kemi Adeosun


Presidency gets ‘damning’ feedback on first tranche

Another London-Paris Club loan refund (about N500billion) is on the way for states— with fresh hurdles for governors.

The Presidency has made it mandatory for all the states to account for the first tranche of the loan refunds – in line with the agreement it reached with the Nigerian Governors Forum (NGF).

States implicated in the mismanagement of the first tranche may not get the fresh funds.


Some of the 36 governors are being investigated by the Economic and Financial Crimes Commission(EFCC) for allegedly diverting the first tranche of the refund.

The governors (seven are involved in the scandal) engaged some curious consultants, who got part of their states’ share of the refund.

Part of the funds was allocated to some National Assembly leaders who had no business with the refund, it was learnt.

The Nation gathered that the Presidency was set to release fresh refund to states —in line with President Muhammadu Buhari’s determination to rescue the 36 states from economic collapse.


A source, who spoke in confidence, said: “The government is about to release another tranche of London-Paris Club loan refunds to states. It is about the same amount like the first tranche. Let us say about N500billion.

“The refund is entirely the initiative of the Federal Government to improve the socio-economic situation in the 36 states. President Buhari was disturbed that many states were finding it difficult to pay workers’ salaries and pensions.


“But the release of the second batch of refund will be based on some conditions as agreed upon by the Presidency and the Nigerian Governors Forum(NGF). President Buhari has said that he will not accept any excuse from any governor for diverting public funds.

“Before the first tranche was released, the NGF had an agreement with President Buhari that about 25 per cent to 50 per cent will be used to offset outstanding salaries and pensions.

“This time around, the Presidency has made up its mind that any state which breached the agreement will not be entitled to second tranche.”


Asked how the Presidency will know, the source added: “We have feedback from the states on how some of these governors have diverted and misused the first set of refunds. Some of them did not spend up to 15 per cent on salaries and pensions. The records are there to prove the breach.


“ We also got reports from security agencies, labour, pensioners, concerned leaders in various states and many whistle-blowers on how the governors spent the first tranche.”

The source described security reports on some of the governors as “damning”.

Some governors were said to have converted the refund to personal use and the cash expended on “wasteful” projects.


“In some instances, some projects executed have no bearing with the needs of some states. It is quite sad,” the source said.

The investigation of the EFCC into the disbursement of the first refunds confirmed that some of the governors were involved in illegal deductions and remittances into NGF account. I think about seven of them were actively involved.


“The position of the Presidency is that governors implicated in London-Paris Club fraud may forfeit refunds to their states. We will reveal the outcome of investigation on some of the governors for the people of their states to know why such a punitive measure is necessary.”


Another top government source, who confirmed the moves to reimburse states, however, said: “The second tranche will be released based on the compliance of states with Fiscal Sustainability Plan(FSP), which was endorsed by all the governors at a meeting of the National Economic Council (NEC) on May 19.


“We have a benchmark which we mutually consented to. As a matter of fact, the governors agreed that further disbursements will be based on the states meeting agreed targets and will be subject to monitoring and evaluation by Independent Monitoring Agents. States which fail to meet the targets will be excluded from this refund.”

According to the plan by the Federal Ministry of Finance, states will be required to:
•set and meet targets to enhance Internally Generated Revenue (IGR);

•establish Efficiency Units to reduce overhead costs;

•privatise State Owned Enterprises;

•domesticate the Fiscal Responsibility Act; and

•limit bank loans.


“The Federal Government has agreed to develop IPSAS compliant software for States to use, and to develop new Bond Issuance guidelines to ease access to the Capital Market for states wishing to fund developmental projects,” the source said.

The Presidency has so far released N1, 266.44trillion to the states in the past one year including N713.70billion special intervention fund.


Following protests by states against over deductions for external debt service between 1995 and 2002, President Buhari approved the release of N522.74 billion(first tranche) to states as refunds pending reconciliation of records.

Each state was entitled to a cap of N14.5 billion, being 25 per cent of the amounts claimed.


Minister of Finance Mrs. Kemi Adeosun said the payment of the claims would enable states to offset outstanding salaries and pension, which had been “causing considerable hardship”.


The Presidency directed the states to devote a minimum of 50 per cent of any amount disbursed to address “challenges associated with salaries and pensions”.

Some governors are said to have failed to disclose the actual amount given to their states.

Some of the governors have devoted only 10 to 25 per cent of the funds to the payment of backlog of salaries.


http://thenationonlineng.net/terms-states-n500b-paris-club-refund-ready/



cc: Lalasticlala, OAM4J, Mynd44

QuitNotice:
They don't have your time, provided you don't go and start stealing and killing their cattle like the tivs in Benue.
But wait oo, for helicopters to be supplying them, it means these guys might be preparing for sth, maybe war. State govt act fast oo

So you also believed that fat lie, that the Fulani herdsmen attacked Tiv people because they steal their cattle?

Let me remind you. Few years back some ignorant Idoma people were made to work with the same believe until Agatu was attacked.


There was this guy who was fond of parading himself on Fulani herdsmen attacks threads on nairaland. He was always reminding the People from Middlebelt that the reason the Fulani Terrorists attacked their communities was because they connived with the North to fight against Biafra (Israel). That was why the incurred God's wrath. Few years later these Terrorists started attacking Ibo States, Yoruba States. Up till date your likes will continue to be silenced due to your biased approach.

The Muslim's and Fulani Jirhard Sympathizers keep taking a biased view to the whole thing just like in the early stage of Bokoharam. Not knowing that the whole thing is a circle, it must go round. Everybody must be served if and only if we fight against this evil.

Muslims up North won't be spared.

maasoap:
You meant to say that if indeed it is true that Fulani Herdsmen are living there, it is should be tagged as hotspot even if there is no cases of violence there? And the militants are supposed to go there and annihilate them?
You ever think about the repercussions of such an unprovoked attack?
And again, you're yet to get it into your thick skull that the Niger Delta Militants are not fighting for you, they're fighting for their pockets. E.g. Asari Dokubo, Tompolo and the likes. Where are they today after becoming millionaires?

That was how these assumptions continued to becloud the sense of judgements of other affected communities that it was mere rumour.

Today lives, properties and communities have been destroyed and held hostage by the Fulani Terrorists.

Agatu, Ugba, Guma, Tarkaa, Buruku, etc communities are all gunned down because people never believed these rumours.

I repeat let the Niger Delta Militants do the needful. An attack on Federal Government led Fulani Herdsmen is profitable to them just as the battle for the emancipation of Niger Delta.

I refuse to be politically correct.

igwebuike01:
IT is true, it has always been true, something has always been wrong with the zoo from day One

Fulani Herdsmen got supply through the same channel in Agatu, Ugba and other places in Benue State. Then same in Taraba State. But the DSS and the Army will only pretend nothing is happening.

I don't just know why these Niger Delta Militants are so clueless.

When you expect them to strike the hot spots, they won't.

Ngozi123:
I'm not surprised by this news at all... the government is more interested in masking their lies with propaganda than actually tackling serious issues affecting its citizens.

This government is not only know for its propaganda at the Federal level only, but also at the State level.

Imagine one of the Middlebelt States is still owing workers' salaries from 4 to 7 months, but the Governor went on air to say that he has cleared all the oustanding arrears of the workers up to date.

I also learnt his Press Secratary said same on the Radio Nigeria when he was interviewed.

Nigerians really need to speak out now or never.

I wonder if people are really making good use of the ''Wisle Blower App'' by the Federal Government.

Speak out let the World here you, do not die in silence.

edi287:
Tell us what Adi achieved while he was at europe...wasn't he in Ukraine for a number of years?? What did he achieve there?

Fanendo Adi

Portland Timbers Forward 9
Real Name: Fanendo Adi HT:6' 4"WT:185

International
Designated Player
Age: 26 (10/10/1990)

Birth place: Lagos, Nigeria
Hometown: Lagos, Nigeria
@fanendo

ACQUIRED: Loan purchase option exercised and signed as a Designated Player from FC Copenhagen on June 23, 2014.
2016: Made 33 regular-season appearances (30 starts) ... Scored a team-high 16 goals for a second consecutive season ... Earned MLS Player of the Month honors for April ... Scored in six of the Timbers final seven home games (July 23 - Oct. 16) ... Scored in back-to-back games against Seattle (Aug. 21-28) ... Scored two goals in CONCACAF Champions League play on Sept. 14 and Sept. 27 ... Scored the game-winning goal in Porltand’s 2-1 win against Columbus Crew SC.

2015: Started and played every match of the 2015 MLS Cup playoffs ... Played 90 minutes in a 2-1 win over Columbus Crew SC in MLS Cup on Dec. 6 ... Scored his second goal of the playoffs in the second leg of the Western Conference Championship at FC Dallas on Nov. 29 ... Tallied a goal in Portland's 2-0 win over Vancouver in the second leg of the Western Conference Semifinals on Nov. 8, also registered an assist in the match ... Logged 71 minutes in a scoreless draw against Vancouver in the first leg of the Western Conference Semifinals on Nov. 1 ... Played 105 minutes in a 2-2 draw (7-6 win on PKs) against Sporting KC in the Western Conference Knockout Round on Oct. 29 ... Netted a late goal, his 16th of the year, in a 4-1 win against Colorado on Oct. 25 ... Scored in the last three regular-season games ... Tallied his fifth multi-goal game of the season on Oct. 18 against the LA Galaxy, also recording an assist in the match ... Was named NASR MLS Player of the Week for Week 33 of the regular season ... Registered his 13th goal, a penalty kick, in a 1-0 win against Real Salt Lake on Oct. 14 ... Set a Timbers MLS single-season club record for goals in a season (12), tallying his fourth multi-goal game of 2015 in a 2-1 win against Columbus on Sept. 26 ... Tallied an assist on July 18 against Vancouver ... Registered his third brace of the season, netting two goals in a 4-1 win against Seattle on June 28 ... Named NASR MLS Player of the Week for Week 17 ... Tallied a brace, including the game-winning goal, against the New England Revolution on June 6 ... Scored his fourth goal on May 16 at Houston ... Registered an assist in a 3-1 win over FC Dallas on April 4 ... Scored his third goal of the season on March 28 ... Tallied a brace in a 2-2 draw against the LA Galaxy on March 15, the fifth two-goal game of his Timbers MLS career.


2014: Registered nine goals and four assists in 24 appearances (18 starts) during his debut season for the Timbers ... Set a Timbers MLS-club record with four two-goal performances and ranked among MLS league leaders in multi-goal games ... Ranked third on the team in goal-scoring, initially joining the club on loan from FC Copenhagen on May 13 ... Tallied two goals in three appearances in CONCACAF Champions League play ... Made his CONCACAF Champions League debut as a second half sub, scoring a goal in a 4-1 win over Alpha United FC on Aug. 19 ... Made his 2014 Lamar Hunt U.S. Open Cup debut in a 3-1 win over Sporting Kansas City as a second-half substitute ... Earned NASR MLS Player of the Week honors in Week 14 after netting a brace in a 3-1 road win against Real Salt Lake on June 7 ... Tallied a brace on May 28 against Chivas USA in his first career MLS start ... Registered the game-tying assist in his Timbers MLS debut on May 17, a come-from-behind, 3-3 draw against Columbus.


2013: Appeared in nine league matches (6 starts) for FC Copenhagen during the 2013-14 Dutch Super Ligaen season, scoring three goals, including a tally on his debut for the club in a 1-1 draw with FC Vestsjælland on Aug. 25, 2013 ... Featured in three group-stage matches during the 2013-14 UEFA Champions League tournament, earning a start in a 1-1 draw against Italian club Juventus and making substitute appearances against Spanish club Real Madrid and Turkish club Galatasaray ... Tallied seven goals in just three league matches for Slovakian side AS Trencin, including a pair of hat-tricks ... Playing in the 2013-14 Europa League tournament, Adi tallied a brace to lead AS Trencin to a 2-1 win against Swedish side IFK Göteborg in the deciding second-leg match of the second qualifying round.

www.timbers.com/players/fanendo-adi

tbaba1234:
Osimhen, if we had no other option..

You will pick an unfit Osimhen who has not kicked the ball for some weeks over a fit and much more inform Adi who has been scoring goals in the MLS?

That's good.

Now I know why I don't have to continue with this argument.

edi287:
Tell us what Adi achieved while he was at europe...wasn't he in Ukraine for a number of years?? What did he achieve there?

Hmmmmm you sound funny.

Has that become your stats?

tbaba1234:
Osimhen is in the first team of Wolfburg, Do you think Adi can make the first team of Wolfburg? Same argument against some home based strikers, would they make Wolfburg first team?

Wolfsburg have three strikers in their first team

Mario Gomez
Borja Mayoral
Victor Osimhen

Osimhen is just coming back from injury and will get his chances this season.

If you were to play Cameroun in one or two weeks time and you have Osimhen and Adi, who will be your most prefered CF?

edi287:
What stats?? So you think because Adi is scoring in the MLS which Bradley Wright Phillips scored 31 goals means he's better than Kayode and Aaron Samuel?? I've watched Adi and he's nothing special. I know Aaron Samuel is a better than he is. Dude will probably be another Peter Ijeh if we invited him.

How did you come about that conclusion?

Give us stats and stop these unnecessary assumtions.

Before the 2013 AFCON no one ever believe a Sunday Mba could churn out the kind of displays he showed. Not even the guy that chained Joseph Yobo to the Bench,

Give them chance

tbaba1234:
Osimhen is in the first team of Wolfburg, Do you think Adi can make the first team of Wolfburg? Same argument against some home based strikers, would they make Wolfburg first team?

Wolfsburg have three strikers in their first team

Mario Gomez
Borja Mayoral
Victor Osimhen

Osimhen is just coming back from injury and will get his chances this season.

Let Osimhen break into the First team first. I mean he should play a couple of games for Wolfsburg first before we can assess him. For now he is considered based on sentiment.

Yes Adi can break into the First team of Wolfsburg. You believe becoming the Highest goal scorer in the MLS is that simple?

edi287:
You saw where I said "heck even Aaron Samuel". Besides it's a no brainer really...Kayode and Aaron Samuel are better than Adi...no one would argue this.

Give us stats

Aaron Samuel was playing in China before had his debut. He actually impressed me. If not for the injuries that have taken a good part of his game, he would be some where else by now.

Adi plays in MLS which is much more competitive than the Chinese Super League. So how is Aaron Better than Ad. Please give us stats to back up your claim.

edi287:
You saw where I said "heck even Aaron Samuel". Besides it's a no brainer really...Kayode and Aaron Samuel are better than Adi...no one would argue this.

Give us stats

edi287:
Osimhen is a young prospect being groomed. We already have experienced players. If you're complaining of him being called, you should be calling Kayode who's played and scored in the europa league and has been doing well and not Adi. There's nothing to see with Adi
Here is the article...I believe this was discussed on here sometime ago http://owngoalnigeria.com/2016/03/30/eagles-coaches-regret-dropping-home-base-players-for-adi-and-samuel/

Give us that stats that show that Kayode is better than Adi.

Is 1 goal in Europa equal to 2 or 3 goals in the MLS?

edi287:
Adi is not better than Nacho, Ighalo, Ideye, Kayode heck even Aaron Samuel. This is the same Adi who was invited against Egypt and didn't even make the matchday squad because he was horrible at training. Adi is just decent at best. I stand by that.

And the best according to you that were invited, what did they produce?

You believed the crap that was said right? That Adi and Samuel where hurrible in training and you believed? You can believe any crap. Am sorry bro. Adi and Samuel where dropped for reasons known best to Siasia and his backroom staff peried.

If the due were hurrible what then can we say about Aminu Umar?

Besides, how many goals has Aaron Samuel and Odion Ighalo scored for the Super Eagles, not forgetting the minutes both have enjoyed with the national team.

Do not just assume, invite him and give him the chance. If he fails then we ignore him.

edi287:
MLS. He's scoring in the MLS. Nothing special.

Don't make it look like a goal in the EPL IS EQUAL TO 5 GOALs IN THE NPFL, OR MLS. A goal is goal any where. Odion Ighalo scored many goals both in the Championship and in the EPL, BUT HOW MANY HAS HE SCORED FOR THE super Eagles? Same with Ideye.

Scoring goals consistently in MLS is something very special and commendable too.

Dike Played in the MLS and for the fews times he played for the Super Eagles, he played well to our admiration. I can't just for get his performance againt Italy in a friendly game.

MLS is by far better and copetitive than Nigerian League, if not the whole of African Leagues.

Adi has scored more goals in his two seasons in the MLS, a fit which non of our present Super Eagles Strikers have achieved ''consistently wise''

Also we have some Nigerian Forwards doing good in the Egyptian League, let alone in the NPFL who if given the chance will add some thing to the Super Eagles.

The problem we Nigerians have is that as far as the person is not playing in England, Spain, Italy, France he is not good. We easily forget that football is a game of opportunity. Someone might be that good but if he has not got that opportunity to play abroad he better stay put where he is needed. That in itself does't mean such a person does'nt have something better to offer.

We have players even in Nigerian League whom if given the chance can increase the digits for us.

Give them the chance.

edi287:
Nope he isn't. I've watched him and he isn't that great. I'd rather invite Kayode instead.

Give the Stats that made you choose Kayode over Adi.

tbaba1234:
Fanendo Adi...

Good enough for the Super Eagles?

Fanendo Adi deserves a look in.

How can you call up players like Osimhen and Isaac Success who have fitness issues and leave out players like Adi and Kayode who are scoring for their Clubs?

More graphic pictures

One of my Facebook friends just share this piece about Fulani Herdsmen attack on his page.

"Viewer discretion is required please:

Fulani attacks on my community continues with three other dead:

Jimmy Angbian Ugon, Benjamin Iorcher Agah, (younger brother to John Agah, Prof. Ashiko's driver) and Puusu, a visitor who came to the community for marriage arrangements for his son.

The strange thing is that, Jimmy and Benjamin all have their eyes plugged off.

Please continue to pray for us and our land."

BENUE DECLARES WORK FREE DAY TOMORROW


Benue State Government declares public holiday for the coronation of Tor Tiv the 5th tomorrow.

https://leadership.ng/wp-content/uploads/2016/12/wsi-imageoptim-Untitled-1-31-300x225.jpg
HRH Prof. James Ayatse- Tor Tiv the 5th

www.nairaland.com/attachments/4942802_ayatseasvc_jpeg3a3035f63d638913521b521a478a07f9
The Benue State Executive Council yesterday approved that Friday, 3rd March, 2017 be observed as a work free day in the state as part of preparations for the coronation of the fifth Tor Tiv the next day.


The council meeting which was presided over by Governor Ortom, enjoined indigenes and residents in the state to make sacrifices in receiving guests who will flood the state for the occasion.


The council noted that the people of the state already have a reputation for hospitality and urged them to sustain it by receiving and assisting visitors during their stay as well as enduring inconveniences including security checks that may arise by reason of the influx of people for the coronation.
https://breaking.com.ng/nigeria/wp-content/uploads/sites/3/2016/12/wp-1481661637226.jpg

Governor Ortom appealed to the people to turn out in large numbers in their best colours and manners to grace the occasion.
The Governor also received a letter of appreciation from the International Fund for Agriculture Development, IFAD, for his contributions to the success of its programs in the state.


The letter which was signed by the Country Program Officer of the fund, Dr. Ben Odoemena, was presented to him by Agriculture and Natural Resources Commissioner, Mr. James Anbua.

“In total, Benue State under your leadership has committed a total of Two Hundred and Fifty Three million naira (N253, 000. 000) to the program since its commencement in 2014. We also appreciate your desire to up-scale the program in the non-benefitting local government areas in the state,” Dr. Odoemena stated.

Signed:
Tahav Agerzua ,

Special Adviser, Media and ICT.

amyzon:
It started yesterday afternoon when my husband took me to the hospital to pick up my family planning pills with our 2 months old baby. To cut the story short, I went into d midwife's office alone to pick d pill , ask questions and get answers.

Inside the midwives office was a very young doctor who got involved in all my discussion with the midwife. Alone the line, the midwife went out to pick something and at that moment the young doctor asked me for my number, I gave him a wrong number .

So when we got home I told my husband about it. He got angry , started attacking me about it , my husband said giving the doctor a number at all was me insulting him, that it doesn't matter if it was a wrong number or not .

Truth is, I'm not the type to insult a guy who approached me, I always give wrong number. I have been apologising to my husband since yesterday even when I totally don't think I did something wrong , Yet he is still boiling up. Pls I need to understand what I did wrong cos I don't think I did something wrong.

The bolded portion shows that you are not the type that is ready to learn.

BascoVanVeli:
Arsenal Transfer News: Gunners and Blues Chase Henry Onyekuru, Top Rumours

Rob Blanchette

Featured Columnist

‎February‎ ‎28‎, ‎2017

Arsenal and Chelsea will battle for Nigerian teenager Henry Onyekuru, with Belgian side KAS Eupen prepared to let the attacker leave for £6 million.

Simon Jones of the Daily Mail reported a number of clubs across Europe will contest for the youngster with the London giants, including Sevilla, Borussia Dortmund, Borussia Monchengladbach and Lille OSC.

Celtic offered £1 million for Onyekuru in January, per Jones, but it appears he could now move for an inflated fee to either the Gunners or the Blues. The Nigerian has been in dispute with his team after they failed to agree a deal with the Scottish champions.

According to Belgian newspaper L'Avenir (h/t the Daily Record), the 19-year-old confirmed he wants an exit from his side when the time is right for him.




Onyekuru said: "Hmm, I cannot yet answer now. I still have to talk to my representatives and we will make a decision this summer. Sure, I’m going to leave this summer. I have an agreement with the Eupen club."


I bet he is happy he didn't go to celtic. His club was right he needed a new agent.

Chelsea is a no go area

omenkaLives:
Deal with the currency issue and then confront inflation. Some Nigerians appear to be taking undue advantage of the situation. The prices of items, some of which have got absolutely nothing to do with our exchange rate, have been rising astronomically and these guys have found a convenient excuse in the cost of the dollar.

The price of Dollar affects every thing due to the "multiplier" effect

PDJT:
So you're from the "Land of the willing Tools". And you're doing copy and paste counterfeit money? Wait make your masters up north catch you!

Don't start what you can't finish@the bolded

PDJT:
So you're from the "Land of the willing Tools". And you're doing copy and paste counterfeit money? Wait make your masters up north catch you!

The more Prof Osinbade cooperates with me the better for the economy

PDJT:
But why dat Osunbade de improve value of Nigerian money nah?

Because I gave Osinbade this......

Stegomiah:
After they have aborted finish, they will begin looking for the fruit of the womb later in life.. And people will think God is wicked

God is too nice sef, such people don't deserve to get pregnant ever again in life

Condom is cheap, if your man ain't responsible enough.... Use condom

Murderers

That is it.

Most women who are running from Ministry to another in search of fruit of the womb (Jesus sharp sharp) should not be taken serious unless she married as a ''Virgin''

When you tell them pre-marital sex is a Sin. Then no go hear.


If I were God, thank God I am not, I would make sure that any woman that aborts her pregnancy deliberately will never conceive again in her life.

amebo101:
See more.. Very disturbing, pls

http://www.latestamebonaija.com/2017/02/a-facebook-user-shares-photo-of-3.html

After they might have become tired of aborting unwanted pregnancies, they quickly run to all these new generation Churches and become so active in Church activities, preferably choir, Prayer Warrior groups (speaking in tongues) or Bible study instructors to catch the attention of innocent brothers in the Church.

May God help our young and innocent Pastors/Brothers not to fall victim. IJN.

Say no to Sex before marriage

psucc:
Karma!

The same Sahara Reporters used to destroy GEJ and all he stood for has now turned against Buhari and APC.

Common sense should tell you that they are not overly partisan. They are truth based

ekanDamie:
lol, dats how it should be. honesty is the best. u don't know how that act may have saved you from trouble. till u die u will have a clean conscience about that deal. Ur not stupid, Ur smart

That was how the Scholarship Board wrongly credited my Account in 2014. I later reverted the transaction. People around me never stopped insulting me till date.