FULL DETAILS of another tranche of Paris Club refund to 36 states by FG

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The federal government has released a state-by-state breakdown of the second tranche of Paris Club refund with Governor forfeits N500m

.A statement from the ministry of finance said the payments, which totalled N243,795,465,195.20 were made to the 36 states and the federal capital territory upon the approval of President Muhammadu Buhari on May 4, 2017.

Akwa-Ibom, Bayelsa, Delta, Kano and Rivers states received the largest disbursements of N10 billion each.

“The releases were conditional upon a minimum of 75 percent being applied to the payment of workers’ salaries and pensions for States that owe salaries and pension,” Salisu Dambatta, spokesman of finance ministry, said in the statement.

This second tranche of Paris Club refunds is a partial settlement of long-standing claims by state governments relating to over-deductions from their federation account allocation committee (FAAC) allocation for external debt service arising between 1995 and 2002.

Allocation with details: below:

NUMBER STATE AMOUNT PAYABLE (NGN)
1 ABIA 5,715,765,871.48
2 ADAMAWA 6,114,300,352.68
3 AKWA-IBOM 10,000,000,000.00
4 ANAMBRA 6,121,656,702.34
5 BAUCHI 6,877,776,561.25
6 BAYELSA 10,000,000,000.00
7 BENUE 6,854,671,749.25
8 BORNO 7,340,934,865.32
9 CROSS RIVER 6,075,343,946.93
10 DELTA 10,000,000,000.00
11 EBONYI 4,508,083,379.98
12 EDO 6,091,126,592.49
13 EKITI 4,772,836,647.08
14 ENUGU 5,361,789,409.66
15 GOMBE 4,472,877,698.19
16 IMO 7,000,805,182.97
17 JIGAWA 7,107,666,706.76
18 KADUNA 7,721,729,227.55
19 KANO 10,000,000,000.00
20 KATSINA 8,202,130,909.85
21 KEBBI 5,977,499,491.45
22 KOGI 6,027,727,595.80
23 KWARA 5,120,644,326.57
24 LAGOS 8,371,938,133.11
25 NASARAWA 4,551,049,171.12
26 NIGER 7,210,793,154.95
27 OGUN 5,739,374,694.46
28 ONDO 7,003,648,314.28
29 OSUN 6,314,106,340.62
30 OYO 7,901,609,864.25
31 PLATEAU 5,644,079,055.41
32 RIVERS 10,000,000,000.00
33 SOKOTO 6,441,128,546.76
34 TARABA 5,612,014,491.52
35 YOBE 5,413,103,116.59
36 ZAMFARA 5,442,385,594.49
37 FCT 684,867,500.04
TOTAL 243,795,465,195.20

More to follow…


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