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FG Releases Amounts Paid to States in First Tranche of Paris Club Loans

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,

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:

ABIA: N10,631,324,520.96

ADAMAWA: N4,894,891,184.12

AKWA IBOM: N14,500,000,000

ANAMBRA: N11,386,281,466.35

BAUCHI: N12,792,664,403.93

BAYELSA: N14,500,000,000

BENUE: N12,749,689,453.61

BORNO: N13,654,138,849.49

CROSS RIVER: N11,300,139,741.28

DELTA: N14,500,000,000

EBONYI: N8,385,035,086.76

EDO: N11,329,495,462.04

EKITI: N8,877,476,163.58

ENUGU: N9,972,928,301.97

GOMBE: N8,319,552,518.63

IMO: N13,021,497,640.32

JIGAWA: N13,220,260,074.57

KADUNA: N14,362,416,363.24

KATSINA: N14,500,000,000

KEBBI: N11,118,149,054.10

KOGI: N11,211,573,328.19

KWARA (2 payments) a. N5,415,167,236.97  b. N3,773,082,953.54

LAGOS: N14,500,000,000

NASARAWA: N8,464,951,458.28

NIGER: N13,412,075,268.20

OGUN: N10,675,236,931.70

ONDO: N6,513,392,932.28

OSUN: N11,744,237,793.56

OYO: N7,206,041,943.30

PLATEAU: N10,497,987,043.06

RIVERS: N14,500,000,000

SOKOTO: N11,980,499,096.97

TARABA: N4,202,983,799.33

YOBE: N10,068,371,796.86

ZAMFARA: N10,122,837,205.76

NOTE: This payment to Ondo State represents 50 percent of the refund due in tranche 1—on account of the leadership transition.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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