Paris Club Refund – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Wed, 13 Sep 2017 08:43:02 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Paris Club Refund – InfoStride News https://www.theinfostride.com 32 32 Nigerian Governors Should Pay All The Workers Under Them – Buhari https://www.theinfostride.com/nigerian-governors-should-pay-all-the-workers-under-them-buhari/ Wed, 13 Sep 2017 08:43:02 +0000 http://www.theinfostride.com/?p=181852 Muhammadu Buhari on Monday met with members of the National Council of traditional rulers and talked about how dissappointed he was with the way the Paris Club Refund was spent by some state governors. The Federal government had on May 4, 2017 released details of the second tranche of Paris Club refund to States totalling [...]

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]]> Paris Club Refund: Osun State Releases 2nd Tranche Spending [INFOGRAPHIC] https://www.theinfostride.com/paris-club-refund-osun-state-releases-2nd-tranche-spending-infographic/ Sat, 12 Aug 2017 15:06:00 +0000 http://www.theinfostride.com/?p=177822 Osun State Government has released new figures explaining in details how it disbursed the N6.314b received from the Federal Government as the second tranche of the Paris Club Refund given to states in the federation. In an infograph released by the government, the state paid out N5,998,493,302.05 out as salaries, pensions, leave bonuses and other [...]

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]]> Paris Club Refund: Kogi releases N2b to LGs, focuses on Salary Payment https://www.theinfostride.com/paris-club-refund-kogi-releases-n2b-to-lgs-focuses-on-salary-payment/ Sun, 30 Jul 2017 12:02:29 +0000 http://www.theinfostride.com/?p=175923 Kogi State Government has released N2 billion to the 21 local government councils in the state as their share of the N6.2 billion of the Paris Club refund the state received from the Federal Government. A statement issued in Lokoja yesterday by the Commissioner of Finance, Mr Idris Ashiru, said the government’s share of the [...]

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]]> N7.9b Paris Club Refund: Oyo State to use 60% for Salaries, Wages and Pensions – Finance Commissioner https://www.theinfostride.com/n7-9b-paris-club-refund-oyo-state-to-use-60-for-salaries-wages-and-pensions-finance-commissioner/ Sun, 23 Jul 2017 20:40:58 +0000 https://www.theinfostride.com/?p=173385 The Government of Oyo State has disclosed that 60% of the latest tranche of Paris Club Refund totalling N7.9 billion will be expended on salaries, wages and pensions of workers in the state, saying that its decision to use 100% of its federal allocations for workers’ welfare still stands. The Government has also explained that [...]

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]]> Ben Ayade Orders Payment Of Salaries With Paris Club Refund https://www.theinfostride.com/ben-ayade-orders-payment-of-salaries-with-paris-club-refund/ Sun, 23 Jul 2017 11:02:44 +0000 http://www.theinfostride.com/?p=173307 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 pension in the state. Mr Ekpenyong Henshaw, the Head of Service of Cross River, briefing [...]

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]]> Oyo State To Spend 60% Of Paris Club Refund On Salaries https://www.theinfostride.com/oyo-state-to-spend-60-of-paris-club-refund-on-salaries/ Sun, 23 Jul 2017 10:52:38 +0000 http://www.theinfostride.com/?p=173298 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 state, said this in a statement on Saturday in Ibadan. Arulogun quoted Mr [...]

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]]> Full Details of Another Paris Club Refunds Made To States By Federal Government https://www.theinfostride.com/full-details-of-another-paris-club-refunds-made-to-states-by-federal-government/ Thu, 20 Jul 2017 22:02:44 +0000 http://www.theinfostride.com/?p=172914 Federal Government has released a State by State breakdown of another tranche of Paris Club refund of over-deductions on Paris Club, London Club Loans and Multilateral debts on the accounts of States and Local Governments (1995-2002) as contained in the table below: S/N STATE AMOUNT PAYABLE (NGN) 1 ABIA 5,715,765,871.48 2 ADAMAWA 6,114,300,352.68 3 AKWA-IBOM [...]

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]]> Osun State Confirms Receipt Of N6.314B As Paris Club Refund https://www.theinfostride.com/osun-state-confirms-receipt-of-n6-314b-as-paris-club-refund/ Tue, 18 Jul 2017 23:37:32 +0000 http://www.theinfostride.com/?p=172448 Rauf Aregbesola led administration in Osun State has announced the receipt of the second trance of the Paris Club Refund. This was made known in a statement by Semiu Okanlawon, the Director, Bureau of Communication & Strategy, Office of the Governor. The statement read: “We have received N6.314bn Second Tranche of Paris Club Refunds The [...]

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]]> How We Spent N11.7B Paris Club Refund – Osun State https://www.theinfostride.com/how-we-spent-n11-7b-paris-club-refund-osun-state/ Wed, 05 Apr 2017 14:09:38 +0000 http://www.theinfostride.com/?p=161012 The Osun State government has explained how its share of the Paris Club refund, received a month ago from the federal coffers, was dispensed. The refunds were part of over-deductions from State allocations to offset loans from the Paris-London club. In December 2016, the Osun State government paid out the sum of N13,645,546,673.04 to clear [...]

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]]> LGAs Share Paris Club Refund In Bayelsa State https://www.theinfostride.com/lgas-share-paris-club-refund-in-bayelsa-state/ Fri, 31 Mar 2017 18:09:33 +0000 http://www.theinfostride.com/?p=160532 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 approved the disbursement of the second tranche of the Paris Club loan refunds to states that had [...]

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]]> Fayose Accused Of Diverting Paris Club Refund https://www.theinfostride.com/fayose-accused-of-diverting-paris-club-refund/ Sun, 08 Jan 2017 16:17:42 +0000 http://www.theinfostride.com/?p=153517 Governor Ayo Fayose has been accused of diverting the N8.877b Paris Club refund given to Ekiti state by the Federal Government. President Buhari had earlier advised the Governors to use the funds to settle the outstanding salaries of civil servants. A source in the presidency revealed that Governor Fayose only paid one month out of [...]

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