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See details of Paris Club fund collected by states


The details of N243.8 billion second tranche of the Paris Club refund on accounts of States and Local Governments has been released by the Nigerian Government.

The money is part of the of the rebate of payments between 1995 and 2002, to the 36 states and Abuja as refund of over deductions on Paris Club, London Club Loans and Multilateral debts on the accounts of States and Local Governments.

The approval of the fund release was announced the Acting President Yemi Osinbajo on July 4, the Minister of Finance, Kemi Adeosun said.

The details, released by the Ministry of Finance on Tuesday evening, showed that Akwa Ibom, Bayelsa, Delta, Kano and Rivers received the largest sum of N10 billion each.

The states had earlier promised to use a large chunk of the money to settle debts owed workers and pensioners in their respective domains.

“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.

The finance ministry said it was reviewing the impact of these releases on the level of arrears owed by the various state governments.

See the full details of the amount received by each state below.

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
Total: 243795465195.2

Watch video of President Muhammadu Buhari oordered refund of Paris Club Fund To Various State Governors.

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