Tag: Paris Club Refund

Reps Launch Investigation into Fuel Price Increase; Mmesoma Offers Apology to JAMB for Result Forgery | 5 Things That Should Matter Today

Reps Launch Investigation into Fuel Price Increase Nigeria Places 90th on List of Countries With Most Visa-Free Access to Other Nations Mmesoma Offers Apology to JAMB for Result Forgery APC…

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The Big 5: 23 PDP Reps threaten to defect to APC, 2 others Join Ambode in 2019 Lagos guber race | More stories

These are the stories you should be monitoring today. Jide Sanwo-Olu, a former Commissioner for Establishment & Training and Obafemi Hamzat, a former Commissioner for Works & Infrastructure have joined…

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Rice

‘FG releases final tranche of the Paris Club refund to 27 states’

The Federal Government on Saturday confirmed the release of the final tranche of the Paris Club refund to 27 state governments. Reference: In July, the second tranche of N243.79bn was…

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Buhari plans second payment of Paris Club refund before end of the year

President Muhammadu Buhari has directed some ministers to discuss with state governors on the payment of outstanding Paris and London Clubs refunds before the end of the year. The President…

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Kogi, Ekiti, others still owing salaries despite bailout funds and Paris Club refund – NLC

The Nigeria Labour Congress (NLC) has threatened to name and shame state governors, who refused to pay complete salaries to workers in the country, in spite of the bailout funds…

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President Buhari did not rebuke governors for mismanaging Paris Club refund – NGF

The Nigeria Governors’ Forum (NGF) has downplayed media reports that President Muhammadu Buhari expressed displeasure over how state governors have 'mismanaged' the Paris Club refunds given to them. In a…

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Buhari appeals to state govts to pay pensions, salaries

President Muhammadu Buhari has appealed to governors to pay salaries and pensions owed in their states. The president met with members of the national council of traditional rulers on Monday…

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NLC, among other things, urges FG not to release another Paris Club refund

The Nigeria Labour Congress (NLC) has asked President Muhammadu Buhari not to release the third another tranche of the Paris Club refund to state governors until they commit to use…

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Paris club refund: ‘Governors to meet Buhari over final tranche’

President Muhammadu Buhari on Friday will meet with governors of the 36 states over the last tranche of the Paris and London Club refunds, ThisDay reports. According to the newspaper,…

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Attack on Kogi Assembly is the height of impunity – NLC

The Nigeria Labour Congress has described the attack on Kogi State House of Assembly as the "height of intolerance, insensitivity and impunity." In a statement on Friday, NLC President, Ayuba…

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We will use 60 per cent of Paris refund for payment of salaries, pensions – Oyo govt

The Oyo State Government has disclosed that 60% of the latest Paris Club Refund of N7.9bn will be expended on salaries, wages and pensions of workers in the state, saying…

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Aregbesola’s Paris Club Fund: Workers’ salaries or LAUTECH?

by Alexander O. Onukwue Thirty-four thousand students of Ladoke Akintola University of Technology (LAUTECH) have been at home since 2015. Reason: the Governments of Osun and Oyo States have refused…

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Will Paris Club Fund be the bounty that revives the PDP?

by Alexander O. Onukwue The PDP National Convention has been slated for the 12th of August, less than a month after the Supreme Court judgment validating the caretaker Committee of Senator…

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Paris Club Fund: What is on Fayose’s to-do list?

by Alexander O. Onukwue As the second tranche of the Paris Club Fund has been released to the 36 States and the FCT, the spotlight is now on State Governors…

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Paris Club Fund: How much do the governors plan for salaries?

by Alexander O. Onukwue Finance Minister, Kemi Adeosun on Monday announced the release of the second tranche of Paris Club funds to States, amounting to over N243 bn. The fund is…

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Paris Club refund: FG releases details of payment to states

The Federal Government has released details of payments to the 36 states as the refund of “over-deductions on Paris Club, London Club Loans and Multilateral debts on the accounts of…

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‘FG releases another tranche of Paris refund to states’

Another tranche of Paris Club refund has been paid to states, The Nation reports. According to the newspaper, Ekiti received N4.772 billion while Abia got N5.715 billion. Governor Ayo Fayose’s…

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Governor Yari

How Yari built hotel with N500m, $500,000 Paris Club funds – EFCC

A Federal High Court in Abuja has ordered an interim forfeiture of the sums of N500m and $500,000 allegedly looted from the Paris Club refunds. The funds were linked to…

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Osun pensioners storm the state secretariat over unpaid arrears

In continuation of their protest to press home demand for payment of their pension arrears and gratuities, the Osun State pensioners on Friday stormed the State Secretariat and locked out workers.…

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Labour union write EFCC, ICPC, demand probe of Paris Club refund

The Nigeria Labour Congress (NLC) and the Trade Union Congress have written to the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and other related offences Commission…

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Paris Club refund enough to pay salaries | APC replies Fayose

The All Progressives Congress (APC) in Ekiti State has refuted claims by the state governor, Ayodele Fayose that the fresh Paris Club refund will be insufficient to pay more than one…

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Paris Club refund: ‘FG to sanction states for not paying workers’

The Federal Government may suspend release of  Paris Club refund to states that failed to use the first tranche for payment of workers' salaries, Punch reports. According to the newspaper,…

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Paris Club refund: EFCC to ‘apply for interim forfeiture of $3m, N500m from two governors’

The Economic and Financial Crimes Commission (EFCC) is set to apply for interim forfeiture of $3 million and N500 million Paris refund money allegedly linked to two governors, The Nation…

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The Big 5: These are the stories you should be monitoring today

These are the top five stories you should monitor today. Yari did not steal $3m Paris Club refund – NGF The Nigeria Governor’s Forum has debunked reports that Governor of…

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The YNaija Tracklist: Yari did not steal $3m Paris Club refund – NGF | Reps summon finance minister over oil contract breaches | More stories

From the papers this morning - a tracklist. Yari did not steal $3m Paris Club refund – NGF - YNaija Presidential economic team meet over 2017 budget funding - YNaija…

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Governor Yari

Yari did not steal $3m Paris Club refund – NGF

by Azeez Adeniyi The Nigeria Governor's Forum has debunked reports that Governor of Adamawa State, Abdulaziz Yari, is building a $3m hotel in Lagos with money stolen from the Paris-London…

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EFCC did not freeze our accounts – NGF

The Nigerian Governors Forum has denied reports that the Economic and Financial Crimes Commission (EFCC) has frozen its accounts. The Director of Media of the NGF, Abdulrazak Barkindo denied the…

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‘Governor caught with $3m Paris Club fund offers to refund $2.5m’

by Azeez Adeniyi The governor who was allegedly caught building a hotel with $3million from the London Paris club refund has reportedly started searching for soft-landing, The Nation reports. The…

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Paris Club refund: We were not part of NGF’s decision to hire consultants – Bayelsa govt

by Azeez Adeniyi The Bayelsa State government has said it was not part of decision by the Nigeria Governors Forum (NGF) to hire consultants for the first tranche of the…

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Paris Club refund is not a favour to states, governors tell FG

by Azeez Adeniyi Governors on Thursday said the Federal Government should stop presenting the Paris Club loan refunds as a favour to the states. While addressing State House correspondents after…

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