Nigerian Federal Government on Saturday affirmed the arrival of the last tranche of the Paris Club discount to 27 state governments.
The director of home finance Mrs Siyanbola Olubunmi, Federal Ministry of Finance, affirmed the arrival of the
Disbursement to the 27 states while talking toward the finish of the Federation Account Allocation Committee (FAAC) meeting which took place at the base camp of the Ministry in Abuja.
In any case, Olubunmi did not unveil the sum that was paid.
She said in regards to ten different states presently can't seem to be paid by the service, adding that installments to them were being deferred by a few procedures.
Review that President Muhammadu Buhari had recently coordinated the Finance Minister, Mrs. Kemi Adeosun, the Minister of Budget and National Planning, Udo Udoma, and the Central Bank Governor, Godwin Emefiele, to pay the remarkable Paris and London Clubs discounts before the finish of the 2017.
Nigerian Federal Government had in July discharged the second tranche of N243.79bn, conveying the sum so far dispensed to states as discount under the Paris Club credit to N760.17bn.
Breakdown of the sum demonstrated that five states got the most noteworthy measure of N10bn each.
The states include Akwa Ibom, Bayelsa, Delta, Kano, and Rivers. The aggregate sum of N50bn got by these five states speaks to 20.5 for each penny of the whole sum discharged under the second tranche.
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