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) disbursement for external debt service arising between 1995 and 2002.
In the first tranche of the refund, the state got N11.21bn, while it got N6.02bn and over N6 billion in the second and third tranches respectively.

The state’s ministry of finance had entered an agreement with the bank that 123,250,244 million should be deducted from from its revenue over a 12-month period.vWhen he met with reporters in January, Yahaya Bello, governor of the state, said his government borrowed N10 billion, a figure short of N4.4 billion that his government had collected as loan.

Critics have accused the current administration in the state of mismanaging resources, an allegation the governor and his aides have consistently denied. Although part of the obtained loans were said to be for payment of salaries, Kogi is still owing workers till date. On Thursday, the Nigeria Labour Congress (NLC) wrote to the International Labour Organisation (ILO) to protest the alleged non-payment of over seven months salary by the state.

Beremx:
Useless governor!

Borrowing money and putting the state in indebtedness.

Like Yahaya, like Rochas

Beremx:
Useless governor!

Borrowing money and putting the state in indebtedness.

Like Yahaya, like Rochas

LRNZH:


APC governor's are lowering the bar on governance no be today. Election rigging money loading.
Lalasticlala we don see new loans o.

buhariguy:
Ok

buhariguy:
Is it a crime to collect loan?
With the too much money in river and akwa ibom they still collect loan, bailout and Paris club refund.

buhariguy:
Is it a crime to collect loan?
With the too much money in river and akwa ibom they still collect loan, bailout and Paris club refund.

Beremx:
collecting loan is not a problem but using the loan judiciously is my concern. Has Yahaya paid kogi workers?

DrGoodman:


did your ex lover Rochas use the one he collected well?

Beremx:
Ex lover indeed. I wish he was. Lol

You saw where I mentioned his name, didn't you?

DrGoodman:


can you lie down under the weight of his large belly?

Beremx:
His wife have been doing that. Kini big deal?

DrGoodman:


You are not as big as his wife

DrGoodman:


You are not as big as his wife

buhariguy:
Is it a crime to collect loan?
With the too much money in river and akwa ibom they still collect loan, bailout and Paris club refund.

buhariguy:
Is it a crime to collect loan?
With the too much money in river and akwa ibom they still collect loan, bailout and Paris club refund.

vedaxcool:


[s]Most of the people who would comment on this thread don't even know how their governors are mortgaging their future. The op zombie mission is to pretend and whitewash PDP governors by perpetually posting negative stuff about APC governors. [/s]

That being said, Yahaya Bello is really miss managing the goodwill from the people he is leading. He still owes salary like fayose and still borrowing funds despite many bailouts. He surely has to think hard about his legacy.

DaBullIT:
Whenever these PDP apologists have evidence, they don't hesitate to release it

So beware of PDP and their agents

LRNZH:


You started poorly but ended well. You're maturing gradually. Keep it up.

vedaxcool:
[s][/s]

You can't stand being exposed for your duplicitous actions your pretence that places one party as being bad and tries to glorify another more horrible party is bound to suffer huge failure. Nigerians have not forgotten so soon how your Eldorado's PDP set a very high " bar" in governance that led to workers being owed salary in almost every state of the federation till Sai mai gaskiya came and bail them out. Even Bayelsa with such a small population still owes workers salary but will never capture your fancy since it isn't APC. We enjoy your failed voyage as usual.

LRNZH:



I am undecided for now. But this guy is looking promising.

vedaxcool:
[s][/s]

You can't stand being exposed for your duplicitous actions your pretence that places one party as being bad and tries to glorify another more horrible party is bound to suffer huge failure. Nigerians have not forgotten so soon how your Eldorado's PDP set a very high " bar" in governance that led to workers being owed salary in almost every state of the federation till Sai mai gaskiya came and bail them out. Even Bayelsa with such a small population still owes workers salary but will never capture your fancy since it isn't APC. We enjoy your failed voyage as usual.

vedaxcool:
[s][/s]

With the sort of integrity you have, you clearly are living a lie but continue... Very soon you will be all up Atiku behind like bees on nectar

LRNZH:


Well, you're here fighting for Yeye Bello. Even Atiku is better than him.

vedaxcool:


Most of the people who would comment on this thread don't even know how their governors are mortgaging their future. The op zombie mission is to pretend and whitewash PDP governors by perpetually posting negative stuff about APC governors.

That being said, Yahaya Bello is really miss managing the goodwill from the people he is leading. He still owes salary like fayose and still borrowing funds despite many bailouts. He surely has to think hard about his legacy.

Beremx:
collecting loan is not a problem but using the loan judiciously is my concern. Has Yahaya paid kogi workers? [/quote

[quote author=danny56 post=68356343]

.. Bello has received money no Governor in the history of Kogi State has ever received.

Bello, retrenched so many ghost workers he said so where did all their ghost salaries went to? It's supposed to be more and additional money for the state if true.

Bello have not been upto date with salary payment even though there's increase in Kogi monthly allocations and budget plan. (Budget funds almost doubled the preceding budget...)

Bello impoverished Kogi State and he's practically shutting down the state... Family man(civil servant) now swallow their pride to go as low as begging even corpers in the state. Many civil servant die due to hopelessness and malnutrition in Kogi State..

No infrastructural development anywhere near the state, they(planned workers) only come to put bulldozer and Earth moving machines whenever they want to go on the media to lie...

Can you compare those state you mentioned and what is going on in Kogi State? No! They have results for the money they borrow while Kogi borrows money to go backwards

See ehn the way u wan support Bello ehn, if anybody for the state swear for you, e go catch u oo. Take ya time o!