The federal government says states must clear owed salaries and other related staff arrears before they would be able to access the remaining $2.69 billion Paris Club refund.Hassan Dodo, director of information, federal ministry of finance, made this known in a statement released on Tuesday."The DMO led the reconciliation process under the supervision of the Federal Ministry of Finance. The final [...]
Tag "Paris Club refund"
ON THE GO
Governors from the 36 states of the federation will on Wednesday night meet in Abuja to discuss the last tranche of the Paris Club refund.The meeting will hold under the auspices of the Nigerian Governors' Forum.Paris Club refund is a partial settlement of long-standing claims by state governments relating to over-deductions from their federation account allocation committee (FAAC) allocation for [...]
Olubunmi Siyanbola, a director at the ministry of finance, says 27 states have received the balance of the Paris Club refund.Siyanbola made this known on Saturday while addressing journalists after the federation account allocation committee (FAAC) meeting where N609.959 billion was distributed to the three tiers of governments.She said the remaining states would get theirs as soon as some processes are [...]
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