A
abujagirl
Guest
The federal government has released a state-by-state breakdown of how the second tranche of the Paris Club refund was shared between states.
A statement released by the Federal government read, “These payments, which totalled 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 breakdown of funds gotten by states:
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.
A statement released by the Federal government read, “These payments, which totalled 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 breakdown of funds gotten by states:
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.