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Nairaland Forum / Nairaland / General / Politics / Paris Club Refund – See How Much Each State Got (290 Views)
₦243.8 Billion Paris Club Refund Shared Among States, See What Each State Got / New Paris Club Refund: See What Each State Received / Photos From Workers' Day Celebration In Benue State Got People Talking (2) (3) (4)
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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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