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Wednesday, 19 July 2017

Nigerian Govt Releases Details Of Paris Club Payment To States

The Nigerian government has released details of payments to the 36 states as refund of “over-deductions on Paris Club, London Club Loans and Multilateral debts on the accounts of States and Local Governments (1995-2002).”


The latest payment is the second tranche of the refunds to the states.
A total of N243.8 billion was released to the 36 states and Abuja in the second tranche.
The Minister of Finance, Kemi Adeosun, said approval for the release of the fund was given by Acting President Yemi Osinbajo on May 4.
The details, released by the Ministry of Finance on Tuesday evening, showed that Akwa Ibom, Bayelsa, Delta, Kano and Rivers received the largest sum of N10 billion each.
The states had earlier promised to use a large chunk of the money to settle debts owed workers and pensioners in their respective domains.
See the full details of the amount received by each state below.
S/N STATE AMOUNT PAYABLE (NGN)
1 ABIA 5715765871.48
2 ADAMAWA 6114300352.68
3 AKWA-IBOM 10000000000
4 ANAMBRA 6121656702.34
5 BAUCHI 6877776561.25
6 BAYELSA 10000000000
7 BENUE 6854671749.25
8 BORNO 7340934865.32
9 CROSS RIVER 6075343946.93
10 DELTA 10000000000
11 EBONYI 4508083379.98
12 EDO 6091126592.49
13 EKITI 4772836647.08
14 ENUGU 5361789409.66
15 GOMBE 4472877698.19
16 IMO 7000805182.97
17 JIGAWA 7107666706.76
18 KADUNA 7721729227.55
19 KANO 10000000000
20 KATSINA 8202130909.85
21 KEBBI 5977499491.45
22 KOGI 6027727595.8
23 KWARA 5120644326.57
24 LAGOS 8371938133.11
25 NASARAWA 4551049171.12
26 NIGER 7210793154.95
27 OGUN 5739374694.46
28 ONDO 7003648314.28
29 OSUN 6314106340.62
30 OYO 7901609864.25
31 PLATEAU 5644079055.41
32 RIVERS 10000000000
33 SOKOTO 6441128546.76
34 TARABA 5612014491.52
35 YOBE 5413103116.59
36 ZAMFARA 5442385594.49
37 FCT 684867500.04

243795465195.2

FACEBOOK COMMENTS

Johnson Ahile

hope the states wont divert the cash for personal use

Endy Edeson

SURE, Else they will face the wrath of the citizens who are bent on holding public office holders accountable @ahile

Olajide Olushola

Kodus To Fg

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