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News

Buhari, Governors to Meet On Final Tranche of Paris Club Refund

Farouk Mohammed
By Farouk Mohammed
Published: August 24, 2017
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President Muhammadu Buhari will on Friday meet with governors of the 36 states of the federation to discuss the last tranche of the Paris Club refund.

According to ThisDay, the meeting which is at the request of the governors, is to seek the President’s approval for the final release of N200billion Paris Club refund.

“The governors are hoping the president will authorise the final release of the Paris Club refunds, which is about N200 billion so that they can fulfill their obligations to workers and pensioners and pay other bills in their states,” a source said.
Holding Nigeria together

The source further stated that when the chairman of the Nigerian Governors’ Forum (NGF) and Governor of Zamfara state, Abdulaziz Yari, led a delegation of seven governors to London to visit the president, he had thanked them for “holding Nigeria together in his absence”.

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Buhari had approved the payment of the first tranche of N522billion on December 16 last year.

In July, the federal government released N243.80billion as the second tranche of Paris Club refunds.

With the release of the second tranche, the total amount disbursed to the states stands at N765.8billion.

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ByFarouk Mohammed
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Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
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