The Federal Government has released a second tranche of the Paris Club Fund. The first tranche was released in December, 2016. In this second tranche, a total of N243.8bn was released to all the 36 states of Nigeria, plus the Federal Capital Territory. So here is the list of States & Amount Received From The Paris Club Fund.
There were stringent conditions attached to the Paris Club Fund. The releases were conditional upon a minimum of 75 per cent being applied to the payment of workers’ salaries and pensions for States that owe salaries and pension,” Salisu Dambatta, a finance ministry spokesperson said in the statement confirming the release. So here are the States & Amount Received From The Paris Club Fund.
States & Amount Received From The Paris Club Fund
The following were the amount received by the states from the Paris Club fund second tranche release.
|S/N||STATE||AMOUNT PAYABLE (NGN)|
A breakdown of the N243.79bn showed that five states received the highest amount of N10bn each. The states are Akwa Ibom, Bayelsa, Delta, Kano, and Rivers.
Do you think these states will appropriate the money received? What is your opinion on the States & Amount Received From The Paris Club Fund? Please share with us. Thank you.