Home BUSINESS PAY SALARIES! 27 states receive final tranche of Paris Club Refund; Delta,...

PAY SALARIES! 27 states receive final tranche of Paris Club Refund; Delta, Ogun, 7 others to wait

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Governors Forum

There seems to be hope of a blissful Christmas and New Year celebration for civil servants who are being owed salaries and allowances, as 27 states have collected their dues from the Paris Club Refund.

It is expected that a large chunk of the funds will be used to offset arrears of workers’ salaries and pensions.

However, Nine states including Delta, Ogun and Adamawa are to wait for now before collecting their own share of the third tranche of the Paris Club refunds.

The release of the refunds to the states is in keeping with the directive of President Muhammadu Buhari that the states should get the money before Christmas to enable them pay workers and pensioners.

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The Director Home Finance in the FMF, Mrs. Olubunmi Siyanbola, confirmed the payment yesterday at the end of the November 2017, Federation Account Allocation Committee (FAAC) meeting in Abuja.

 

She however, said about ten other states were yet to be paid by the ministry, adding that payments were being delayed by some processes.

Olubunmi, who did not provide the amount that was paid, said as soon as the processes were sorted out, the fund would be released to the states.

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The Federal Government had in July released the second tranche of N243.79bn, bringing the amount so far disbursed to states as refund under the Paris Club loan to N760.17bn.

A breakdown of the amount showed that five states received the highest amount of N10bn each.

The states are Akwa Ibom, Bayelsa, Delta, Kano, and Rivers.

The total amount of N50bn received by these five states represents 20.5 per cent of the entire amount released under the second tranche.

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