The Oyo State Government has confirmed the receipt of N7.2 billion as its share of the Paris Club excess deductions.

Toye Arulogun, the State Commissioner for Information, Culture and Tourism, made this known to journalists in Ibadan.

The News Agency of Nigeria reports that the Federal Government approved the sum of N522.74 billion to be paid to the 36 states of the federation as part of the reimbursement for over deduction on the Paris Club loan.

Gov. Abiola Ajimobi governor had on January 4 during the state’s annual inter-religious service, debunked claims that the state government had collected its share of the fund.

Mr.Ajimobi had said that he was hopeful that the state would be paid as promised.

The governor had promised to allocate 50 per cent of the fund to settling outstanding salaries when the money was paid.

The state government had announced in December 2016 and reiterated in January 2017 that the state was excluded from the initial beneficiary states of the Paris Club over-deduction funds.

“Oyo State was initially excluded from the states to benefit from the Paris Club over-deducted fund.

“The governor was not at peace with the development and swung into action to ensure that the state was included on the list.

“The effort of the governor has yielded result.”

Mr. Arulogun said that the governor had mandated the state Ministry of Finance to reconcile accounts with the Federal Ministry of Finance, which resulted in the payment of N7.2 billion to the state.

He also explained that 60 per cent of the fund collected was added to the federal allocation to the state to pay salaries of workers for the months of August and September 2016.

“We have used 60 per cent of the funds received to pay salaries as promised by the governor during the inter-faith service of the Oyo State Government held on January 4.

“The state appreciates the cooperation of the Minister and Federal Ministry of Finance officials, who facilitated the payment that has brought some degree of succour to workers in the state.

“The state government will be able to deliver more dividends of democracy to the people,” Mr. Arulogun said.

(NAN)

http://www.premiumtimesng.com/regional/ssouth-west/222338-oyo-receives-n7-2-billion-paris-club-excess-deduction-commissioner.html

FIRST TO COMMENT....

I DEDICATE THIS FEAT TO BUHARI, that he should get well or resign

maka y?

Please, constituted authority, use that money judiciously and pay off outstanding salary arrears. We don't want to hear story tomorrow. Thank you.

Make him pay workers salary arrears, na d koko be that

I pray it is used to better the lives of Oyo people

God go punish this Ajimobi if e no settle lautech matter with this money

HOPE D CUCUMBER OF A GOVERNOR WILL PAY D PENSIONERS.

Na so so mismanage these govs go dey do to this fund based on constituted authority level.

kolafolabi:
The Oyo State Government has confirmed the receipt of N7.2 billion as its share of the Paris Club excess deductions.

Toye Arulogun, the State Commissioner for Information, Culture and Tourism, made this known to journalists in Ibadan.

The News Agency of Nigeria reports that the Federal Government approved the sum of N522.74 billion to be paid to the 36 states of the federation as part of the reimbursement for over deduction on the Paris Club loan.

Gov. Abiola Ajimobi governor had on January 4 during the state’s annual inter-religious service, debunked claims that the state government had collected its share of the fund.

Mr.Ajimobi had said that he was hopeful that the state would be paid as promised.

The governor had promised to allocate 50 per cent of the fund to settling outstanding salaries when the money was paid.

The state government had announced in December 2016 and reiterated in January 2017 that the state was excluded from the initial beneficiary states of the Paris Club over-deduction funds.

“Oyo State was initially excluded from the states to benefit from the Paris Club over-deducted fund.

“The governor was not at peace with the development and swung into action to ensure that the state was included on the list.

“The effort of the governor has yielded result.”

Mr. Arulogun said that the governor had mandated the state Ministry of Finance to reconcile accounts with the Federal Ministry of Finance, which resulted in the payment of N7.2 billion to the state.

He also explained that 60 per cent of the fund collected was added to the federal allocation to the state to pay salaries of workers for the months of August and September 2016.

“We have used 60 per cent of the funds received to pay salaries as promised by the governor during the inter-faith service of the Oyo State Government held on January 4.

“The state appreciates the cooperation of the Minister and Federal Ministry of Finance officials, who facilitated the payment that has brought some degree of succour to workers in the state.

“The state government will be able to deliver more dividends of democracy to the people,” Mr. Arulogun said.

(NAN)

http://www.premiumtimesng.com/regional/ssouth-west/222338-oyo-receives-n7-2-billion-paris-club-excess-deduction-commissioner.html

Sorry all explain more to be

Una mean say Nigerian get all clubs in Paris or what?

Paris Club a bunch of people Lending Money to Countries at will ... What a Life That's Wealth

Another avenue for Ajimobi to loot his state dry

jayAjoku:
Paris Club a bunch of people Lending Money to Countries at will ... What a Life That's Wealth

? Did you read the post before commenting?

Chai

obinna2nv:
Please, constituted authority, use that money judiciously and pay off outstanding salary arrears. We don't want to hear story tomorrow. Thank you.

Soonest you begin to hear stories that touched heart from the Government quarter ( Oke Mapo to be precise ) I mean how they corrupted the fund.. that will be ends... abo oro laso fun omo oluwabi.. Won ma to kuna!

Just commot 1.7billions settle LAUTECH matter....buh wait ohh., Osun no receive anything? That man owe Lautech alot

constituted authority

Constituted authority no go talk anything now..

obinna2nv:
Please, constituted authority, use that money judiciously and pay off outstanding salary arrears. We don't want to hear story tomorrow. Thank you.

Do you read the later part of the post at all?

And e no fit pay salary

I just cry each time I hear these amounts..

Give a Chinese government official this amount and he will transform an entire city.

SW is moving forward while some are busy fleeing from their region

Hope Rochas got part of the Paris club money sha.. Imolites are hungry, especially pensioners

Mr. Constituted Authority please add gratuity from 2010 till 2016 to your payroll

More funds for constituted authority to embezzle
Ajimobi will surely transfer half of the money to his bank account

60% to be used for salaries owed? Jesu! Capital projects nko? This is bad.

Ok

I just hope all d States of the federation manage these funds judiciously in d interest of d masses.High level corruption n mismanagement has brought us to were we are today,its very unfortunate dat everyday we here billions been budgeted with nothing meaningful to show for it at d end of d day...There is no better time dan now, it is time to unanimously rise irrespective of our difference to question d so called constituted authority n hold dem fully accountable for all dia misdeeds dat has left us far behind.

Constituted authority should pay LAUTECH lecturers and workers oh instead of giving our money to his mannerless daughter to spray at owambes.
Ajimobi should also not forget to pay the pensioners who are dying of starvation to which he has condemned them with his useless mouth.

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Abhamid:
I just hope all d States of the federation manage these funds judiciously in d interest of d masses.High level corruption n mismanagement has brought us to were we are today,its very unfortunate dat everyday we here billions been budgeted with nothing meaningful to show for it at d end of d day...There is no better time dan now, it is time to unanimously rise irrespective of our difference to question d so called constituted authority n hold dem fully accountable for all dia misdeeds dat has left us far behind.

Sorry bro, just hope is not enough.
It won't move the progreTHIEVES to do the right thing- pay workers and pensioners owed for several months and dying of starvation and opportunistic diseases.
We, the youths, are tired of their looting while lying to us that we are leaders of tomorrow.
United, we stand up to protest and say #EnoughisEnough.

Lifestone:

? Did you read the post before commenting?

Naah just expressing my admiration for the Paris Club