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Home Featured

Details of Paris club payment to states

by NationalInsight
July 19, 2017
in Featured, News
Reading Time: 3min read
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Finance Minister, Kemi Adeosun

Finance Minister, Kemi Adeosun

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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 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.

RE-REIMBURSEMENTS OF OVERDEDUCTIONS ON PARIS CLUB LOANS FROM STATE GOVERNMENT
MANDATE TO THE CENTRAL BANK OF NIGERIA: 2ND INSTALMENT
S/NSTATEAMOUNT PAYABLE (NGN)
1ABIA5715765871.48
2ADAMAWA6114300352.68
3AKWA-IBOM10000000000
4ANAMBRA6121656702.34
5BAUCHI6877776561.25
6BAYELSA10000000000
7BENUE6854671749.25
8BORNO7340934865.32
9CROSS RIVER6075343946.93
10DELTA10000000000
11EBONYI4508083379.98
12EDO6091126592.49
13EKITI4772836647.08
14ENUGU5361789409.66
15GOMBE4472877698.19
16IMO7000805182.97
17JIGAWA7107666706.76
18KADUNA7721729227.55
19KANO10000000000
20KATSINA8202130909.85
21KEBBI5977499491.45
22KOGI6027727595.8
23KWARA5120644326.57
24LAGOS8371938133.11
25NASARAWA4551049171.12
26NIGER7210793154.95
27OGUN5739374694.46
28ONDO7003648314.28
29OSUN6314106340.62
30OYO7901609864.25
31PLATEAU5644079055.41
32RIVERS10000000000
33SOKOTO6441128546.76
34TARABA5612014491.52
35YOBE5413103116.59
36ZAMFARA5442385594.49
37FCT684867500.04
243795465195.2
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source .www. premiumtimes.com

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