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Paris Club Refund – See How Much Each State Got - Politics - Nairaland

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Paris Club Refund – See How Much Each State Got by love23401: 8:04am On Jul 19, 2017
A statement released by the Federal government reads; “These payments, which totaled N243, 795,465,195, were made to the 36 states and the Federal Capital Territory upon the approval of the president on May 4, 2017.

“This is in partial settlement of long-standing claims by state governments relating to over-deductions from their Federation Account Allocation Committee for external debt service arising between 1995 and 2002.

“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 releases were conditional upon a minimum of 75 per cent being applied to the payment of workers’ salaries and pensions for states that owe salaries and pension.

“The Federal Ministry of Finance is reviewing the impact of these releases on the level of arrears owed by state governments.

“A detailed report is being compiled for presentation to the Acting President, Prof. Yemi Osinbajo, as part of the process for approval for the release of any subsequent tranches.’’

See How Much Each State Got Below:

Abia – N5.72 billion

Adamawa – N6.11 billion

Akwa Ibom- N10 billion

Anambra – N6.12 billion

Bauchi – N6.88 billion

Bayelsa – N10 billion

Benue – N6.85 billion

Borno – N7.34 billion

Cross River – N6.08 billion

Delta – N10 billion

Ebonyi – N4.51 billion

Edo – N6.09 billion

Ekiti – N4.77 billion

Enugu – N5.36 billion

Gombe – N4.47 billion

Imo – N7 billion

Jigawa – N7.11 billion

Kaduna – N7.72 billion

Kano – N10 billion

Katsina – N8.2 billion

Kebbi – N5.98 billion

Kogi – N6.03 billion

Kwara – N5.12 billion

Lagos – N8.37 billion

Nasarawa – N4.55 billion

Niger – N7.2 billion

Ogun – N5.7 billion

Ondo – N7 billion

Osun – N6.3 billion

Oyo – N7.9 billion

Plateau- N5.64 billion

Rivers – N10 billion

Sokoto – N6.44 billion

Taraba – N5.61 billion

Yobe – N5.41 billion

Zamfara – N5.44 billion

Federal Capital Territory- N684 million.

https://www.digestng.com/2017/07/19/paris-club-refund-see-how-much-each-state-got/

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