Justice Inyang Ekwo of a Federal High Court, Abuja, has ordered the Katsina state government to pay a firm, Mauritz Walton Nigerian Limited, N13.3 billion for the debt management services it rendered to the state. The firm was said to have rendered the services, which aided the refund of the $217.3 million to Katsina state by the […]
…As FAAC shares N741.843 to FG, States, LGAs The Federal Government has refused to comment on the allegations that it reversed the payment of the second tranche of the Paris Club Refund to Benue, Delta and Rivers states. This is even as the Federation Account Allocation Committee (FAAC) said that Federal, states and Local Government […]
…Says salary, staff related arrears must be paid as priority …Insists action necessary to ensure judicious use of money The Federal Government has listed the conditions that the 36 states of the federation must put in place before they can receive the $2.689 billion final tranche of the Paris Club Refund as approved by President […]
* Say states now buoyant with release of FAAC, Paris Club refund at once • FG, States, LGAs share N1.142trn in less than 2 weeks • No carryover of salary arrears to 2018, Labour insists Following the release of another tranche of the Paris Club Refund to the 36 states and the release of statutory […]
Further withdrawals from the Paris Club refund by the state’s government has been stalled as a consultant has dragged the 36 state governors and the Federal Government to court. A highly placed source at the Presidency told NAN on Friday night that the consultant in question is suing the state governors for reneging on the […]
Oyo State Governor Abiola Ajimobi has promised that pensioners and workers in the state’s public service will celebrate the coming end-of-the-year festivities with smiles with the expected refund of the Paris Club excess deduction to the state. The governor made the promise in his address during the Mawlid An Nabiyy (celebration of Holy Prophet Muhammad’s […]
Two firms, Udemgaba and Associates and Mountain Quest Investment Services Ltd have challenged the federal government over the ownership of N2.2billion allegedly diverted by associates of Zamfara State Governor Abdulaziz Yari from the state share of Paris Club Refund. The development was sequel a suit by the Federal Government, seeking the forfeiture of about N2.2 […]
The Nigeria Governors Forum (NGF), the umbrella body for the thirty-six Governors of the Federation, on Monday, maintained its earlier position that it has done nothing illegal as far as the disbursement of the Paris Club Refund to states and the consultants are concerned. The NGF disclosed that it has all necessary approvals to act […]