A Federal High Court, Abuja, on Wednesday, threatened to issue a warrant of arrest against suspended Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, over his failure to appear in court to explain circumstances surrounding the 53 million dollar-judgment debt arising from the Paris Club refund.
Browsing: Paris Club
The Governors, in a statement, also said it had become obvious Malami had more than a passing interest in the issue
Umahi disclosed this during a meeting with the leadership of the Nigerian Labour Congress its affiliate unions and managements of the state-owned tertiary institutions over the disbursement of the second tranche of N7.6billion-Paris Club refund to the state.
The Bayelsa Government on Tuesday announced plans to offset two months outstanding salary and pension with N8 billion from the N24 billion Paris Club debts refund.
Governor Samuel Ortom of Benue has ordered the direct disbursement of the N14.9 billion Paris Club refund to beneficiaries.
Chief Chidi Nwosu, the Chairman of the Social Democratic Party in Abia, has hailed Federal Government’s condition set for states to qualify for the second tranche of the Paris Club refund.
NEITI’s Director Communications and Advocacy, Dr. Orji Orji, said this in a statement
The survey also found that all debt-ravaged states that collected the Federal Government intervention fund as well as the Paris Club loan refund are still owing some categories of workers salary arrears
The outstanding salary arrears to workers in Bayelsa State Civil Service stands at four and half months, while workers in the local government system are owed between 14 months and 16 months arrears.
However, nine States will not be getting their share now for various reasons, including overpayment during the first two tranche received
Further withdrawals from the Paris Club refund by the states government has been stalled as a consultant has dragged the…
The party made the call in a statement issued by its National Publicity Secretary, Tosin Adeyanju, on Wednesday in Abuja
This was the position of State Governors as stated by their Bauchi State Governor, Mohammed Abubakar, on Tuesday in Abuja
The Governors made the demand when they met with the President at the Presidential Villa in Abuja
Justice Mojisola Olatoregun ordered the banks to temporarily forfeit the loans
The labour leader said the union was satisfied with the transparent manner the two tranches of the Paris Club refund to the state had been utilised in the payment of salary arrears
Tamwakat Weli, the Commissioner of Finance, while briefing newsmen in Jos, said 60.06 per cent of the sum, totaling N3.39 billion, was for the state government, while 39.94 per cent, totaling N2.25 billion, went to the 17 Local Governments
The hint was dropped on Monday by Lere Olayinka, the Special Public Communications and New Media to the Ekiti State Governor, Ayo Fayose, in a communication with The Eagle Online
Yari is accused of diverting N500 million and $500,000 from the Paris Club refunds made by the Federal Government in favour of the 36 states of the federation to personal use
The Federal Ministry of Finance, headed by Minister Kemi Adeosun, is reviewing the impact of these releases on the level of salaries and pensions arrears owed by State Governments