By Modupe Gbadeyanka
The Federal Government has released the amounts paid to state government in the first tranche of reimbursement of over-deductions on Paris Club Loans in December 2016.
The figures were released by the Federal Government on the official Facebook page of Aso Rock Villa, https://www.facebook.com/TheAsoVilla
It was disclosed that the total amounts paid in first tranche of the Paris Club Refunds to the 35 States as at December 2016 stood at N388,304,379,072.96.
Below is the unedited list:
AKWA IBOM: N14,500,000,000
CROSS RIVER: N11,300,139,741.28
KWARA (2 payments) a. N5,415,167,236.97 b. N3,773,082,953.54
NOTE: This payment to Ondo State represents 50 percent of the refund due in tranche 1—on account of the leadership transition.
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