President Muhammadu Buhari has ordered the release of about N522.74 billion in the first tranche to enable states offset outstanding salaries and pensions.
The initial payment was greeted with controversy following the remittance of about N19billion from the N522.74 billion into two accounts of the Nigeria Governors Forum (NGF) as commission to consultants.
States are demanding US$6, 923,722,131.81 refund from the Federal Government.
The states based their requests on unaccounted deductions on “Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) Report of the Reconciliation of State Governments’ External Debts, Vol. 1 (May 2007)”
Here is a breakdown of the $6.9billion Paris Club Refund to 36 States and FCT. Follow-up on your Governor to ensure the utilization of this fund.
The initial payment was greeted with controversy following the remittance of about N19billion from the N522.74 billion into two accounts of the Nigeria Governors Forum (NGF) as commission to consultants.
States are demanding US$6, 923,722,131.81 refund from the Federal Government.
Here is a breakdown of the $6.9billion Paris Club Refund to 36 States and FCT. Follow-up on your Governor to ensure the utilization of this fund.
See Beakdown of the $6.9billion Paris Club Money Refunded to 36 States and FCT
![See Beakdown of the $6.9billion Paris Club Money Refunded to 36 States and FCT]()
Reviewed by getitrightnigerians
on
09:28:00
Rating:
No comments:
Take advantage of our blog traffic and promote your product to millions of viewers.
For advert placements and other Enquiries, kindly send us a mail at getitrightnigerians@gmail.com or call 08025707646, 07031338542
Visit the Play stores to Download our mobile app and stay up -to-date.