Paris Club Refund

The Governors of the 36 states of the federation have appealed the Federal High Court judgment which dismissed their suit challenging the planned deduction of $418 million from the Federation Account. The money is meant to settle debts…

A Federal High Court, Abuja, on Friday, dismissed the 418 million dollars Paris Club debt suit filed by the 36 state governments against the Federal Government. Justice Inyang Ekwo, in a judgement, dismissed the suit for lacking in…

A Federal High Court, Abuja, on Monday, fixed Dec. 21 to hear all pending applications in a suit filed by the 36 state governors over plan to deduct monies accruing to them from federation account to settle 418 million dollars judgment debt…

The Osun State Government has said that it did not receive Paris Club Refund from the Federal Government, saying that such refunds were always made public by government. The denial followed a protest on Tuesday  by  retirees in the state…

The Federal Government has ordered the recall of $2.7 billion (N972 billion) London and Paris Club refunds payment to Osun, Imo, Delta, Rivers and Benue States. The recall was ordered done from the state governments' account with the…

It is no longer news that President Muhammadu Buhari ordered the payment of a new tranche of Paris Club refund to states. This refund was done alongside the allocations to the states from the Federal Accounts Allocation Committee (FAAC).…

The President of the Nigeria Labour Congress (NLC), Comrade Ayuba Wabba has accused governors owing workers salaries after getting Paris Club refunds from the Federal Government of abusing the trust of President Muhammadu Buhari. Before…

Abia Government will require between N20 billion and N25 billion to be able to clear salary arrears and gratuities, Chief Uchenna Obigwe, the state Chairman of the Nigeria Labour Congress (NLC), has said. Obigwe said this on Tuesday in…

Delta Government on Monday made clarifications on the utilisation and disbursement of the N10 billion Paris Club refund accruing to the state. Mr Charles Aniagwu, the Chief Press Secretary to Gov. Ifeanyi Okowa, made the clarifications in…

Oyo State workers are to receive outstanding salaries for April and May from the recently-released Paris Club refunds and the June monthly allocation. The News Agency of Nigeria, (NAN) reports that the Oyo state government received…

A segment of pensioners from Osun on Tuesday said that the state government should pay their outstanding 12 months’ pensions and gratuities from the just released second tranche of the Paris Club refunds. The pensioners, who belong to…

Gov. Ben Ayade of Cross River has ordered the payment of gratuities to retirees in the state civil service who retired from service in 2014 from the Paris Club Refund. The 2013 retirees are currently being paid their gratuities and…

The Oyo State Government says 60 per cent of the latest Paris Club refund of N7.9 billion will be spent on salaries, wages and pensions of workers in the state. Mr Toye Arulogun, the Commissioner for Information, Culture and Tourism of…

The Ekiti state governor, Ayodele Fayose has replied the Ekiti chapter of the All Progressives Congress, APC, which accused him of attempting to defraud and brainwash the people of Ekiti over the Paris Club refund. Recall that the Ekiti…

The Kwara state chapter of the ruling party, All Progressives Congress, APC, has stated the role of the former governor of the state now Senate President, Bukola Saraki in the disbursement of the recently released Paris Club refund in the…

The Ondo State government on Thursday confirmed the receipt of N7 billion as its share of the second tranche of the Paris Club refund. The Chief Press Secretary to the Governor, Mr Segun Ajiboye, said in a statement in Akure on Thursday…

The Ogun House of Assembly has asked the state Commissioner for Finance, Mr Adewale Osinowo, to furnish it with detailed documents on how the Paris Club fund was spent. The assembly members gave the directive on Tuesday in Abeokuta while…

The Nigeria Governors’ Forum (NGF) on Monday said no money was stolen or embezzled from the Paris-London Club refunds to states or from any other source. The Head, Media and Public Affairs at NGF Secretariat, Mr Abulrazque Barkindo, said…

The Bayelsa Government has dissociated itself from the purported hiring of consultants by the Nigeria Governors Forum (NGF) for the first tranche of the Paris club refunds. In a statement by the Mr Mazwell Ebibai, the state Commissioner…

The eight Local Government chairmen in Bayelsa on Friday confirmed receiving N1.3 billion share of the Paris Club refund from the N14.5 billion remitted to the state by the Federal Government. President Muhammadu Buhari had on March 23…

States are demanding about $6.9billion Paris Club loan deductions from the Federal Government. The government has raised a verification and reconciliation team on the claims by states to end over deduction of loans which have crippled…