Hold Paris Club refund to states till after May 29 – FG urged

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Hold Paris Club refund to states till after May 29 – FG urged

By Emmanuel Mogbede

The Human Rights Writers Association (HURIWA), has advised the Federal Government not to pay states the final refund from the Paris Club debt until after the swearing in of newly elected governors in May 29.

Mr Emmanuel Onwubiko, National Coordinator of the association, gave the advice in a statement on Monday in Abuja.

He recalled that the Federal Government recently announced that it would soon release the sum of N649.43bn as the final refund for the Paris Club debt to state governments.

The News Agency of Nigeria (NAN), reports that the Minister of Finance, Mrs Zainab Ahmed, gave the figure on Thursday, during a media briefing on the ministry’s activities.

The finance minister had maintained that the amount had already been verified by the ministry as the outstanding balance to be refunded to state governments.

Onwubiko, however, said that any payment made into state accounts before the…



Source: News Agency of Nigeria