By Dipo Olowookere
Yesterday, the Federal Government, through the Ministry of Finance, announced the release of another tranche of N243 billion of the Paris Club Refund to the 36 states of the federation as well as the FCT.
The money was released on the condition that a minimum of 75 percent would be used to pay workers’ salaries and pensions for states that owe salaries and pension.
It was another tranche of Paris Club refund of over-deductions on Paris Club, London Club Loans and Multilateral debts on the accounts of states and Local Governments from 1995-2002.
Below is what each state received as refund from the FG:
S/N STATE AMOUNT PAYABLE (NGN)
- ABIA N5,715,765,871.48
- ADAMAWA N6,114,300,352.68
- AKWA-IBOM N10,000,000,000.00
- ANAMBRA N6,121,656,702.34
- BAUCHI N6,877,776,561.25
- BAYELSA N10,000,000,000.00
- BENUE N6,854,671,749.25
- BORNO N7,340,934,865.32
- CROSS RIVER N6,075,343,946.93
- DELTA N10,000,000,000.00
- EBONYI N4,508,083,379.98
- EDO N6,091,126,592.49
- EKITI N4,772,836,647.08
- ENUGU N5,361,789,409.66
- GOMBE N4,472,877,698.19
- IMO N7,000,805,182.97
- JIGAWA N7,107,666,706.76
- KADUNA N7,721,729,227.55
- KANO N10,000,000,000.00
- KATSINA N8,202,130,909.85
- KEBBI N5,977,499,491.45
- KOGI N6,027,727,595.80
- KWARA N5,120,644,326.57
- LAGOS N8,371,938,133.11
- NASARAWA N4,551,049,171.12
- NIGER N7,210,793,154.95
- OGUN N5,739,374,694.46
- ONDO N 7,003,648,314.28
- OSUN N6,314,106,340.62
- OYO N7,901,609,864.25
- PLATEAU N5,644,079,055.41
- RIVERS N10,000,000,000.00
- SOKOTO N6,441,128,546.76
- TARABA N5,612,014,491.52
- YOBE N5,413,103,116.59
- ZAMFARA N5,442,385,594.49
- 37 FCT N684,867,500.04
- TOTAL N243,795,465,195.20
Adedapo Adesanya