Akwa Ibom, Bayelsa, Cross River, Delta, Kano and Rivers States Get 10m Each from N244 Billion as Second Tranche of Paris Club Refund is Released.

0

Abuja/Nigeria: The Federal Government has released N243.795 billion as the second Paris Club debt deductions to states.

The announcement was conveyed in a release issued yesterday by the Director of Information in the Ministry of Finance, Alhaji Salisu Nainna Dambatta.

A breakdown indicates that Akwa Ibom, Bayelsa, Rivers, Delta and Kano states received N10 billion each while Lagos and Katsina got N8 billion apiece.

The Federal Capital Territory (FCT) was credited with the lowest refund of N684.867 million.

He explained that the payment followed an earlier approval by Acting President Yemi Osinbajo on May 4 this year.

A total of N243.8billion was released to the 36 states and Abuja.

Acting President Yemi Osinbajo approved the disbursement of the monies on May 4, according to the Minister of Finance, Kemi Adeosun.

“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.

full details of the amount received by each state below:
S/N State Amount Payable (NGN)
1 Abia 5715765871.48
2 Adamawa 6114300352.68
3 Akwa-Ibom 10000000000
4 Anambra 6121656702.34
5 Bauchi 6877776561.25
6 Bayelsa 10000000000
7 Benue 6854671749.25
8 Borno 7340934865.32
9 Cross River 6075343946.93
10 Delta 10000000000
11 Ebonyi 4508083379.98
12 Edo 6091126592.49
13 Ekiti 4772836647.08
14 Enugu 5361789409.66
15 Gombe 4472877698.19
16 Imo 7000805182.97
17 Jigawa 7107666706.76
18 Kaduna 7721729227.55
19 Kano 10000000000
20 Katsina 8202130909.85
21 Kebbi 5977499491.45
22 Kogi 6027727595.8
23 Kwara 5120644326.57
24 Lagos 8371938133.11
25 Nasarawa 4551049171.12
26 Niger 7210793154.95
27 Ogun 5739374694.46
28 Ondo 7003648314.28
29 Osun 6314106340.62
30 Oyo 7901609864.25
31 Plateau 5644079055.41
32 Rivers 10000000000
33 Sokoto 6441128546.76
34 Taraba 5612014491.52
35 Yobe 5413103116.59
36 Zamfara 5442385594.49
37 FCT 684867500.04

Share.

About Author

Leave A Reply

Powered by keepvid themefull earn money