Imo bags N7bn from Paris Club refunds

Imo State has received the sum of N7 billion from the Federal Government as its share of the Paris Club refunds.  According to a state-by-state breakdown of another tranche of the club’s refunds released by the Finance Minister, Mrs. Remi Adeosun, payments totaling N516.38 billion were made to the 36 states and the Federal Capital Territory (FCT).
According to the minister’s spokesman and Director of Information in the Ministry, Salisu Danbatta, the payments were approved by President Buhari.
The breakdown showed that Abia got N5.72 billion; Adamawa, N6.11 billion; Akwa Ibom, N10 billion; Anambra, N6.12 billion; Bauchi, N6.88 billion; Bayelsa, N10 billion; Benue, N6.85 billion; and Borno N7.34 billion.  Cross River got N6.08 billion; Delta, N10 billion; Ebonyi, 4.51 billion; Edo, N6.09 billion; Ekiti, N4.77 billion; Enugu, N5.36 billion; Gombe, N4.47 billion; Imo, N7 billion; Jigawa, N7.11 billion; and Kaduna, N7.72 billion.
Kano, N10 billion; Kastina, N8.2 billion; Kebbi, N5.98 billion; Kogi, N6.03 billion, Niger, N7.2; billion Ogun ,N5.7 billion.
Others are Ondo, N7 billion; Osun, N6.3 billion; Oyo, N7.9 billion; Plateau, N5.64 billion; Rivers N10 billion; Sokoto, N6.44 billion; Taraba N5.61 billion, Yobe, N5.41 billion; Zamfara N5.44 billion and the Federal Capital Territory, 6.84 million.
Breakdown of the first trenche of Paris Club refunds paid to states to date has been released by the Nigeria Federal Government.

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