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Tag: Paris Club Fund

‘Adamawa received only N9.5b Paris club refund’

The Adamawa State government has explained that it received only N9.5 billion from the Federal Government in the Paris Club refunds.The state Commissioner of Finance, Mahmood Saleh, disclosed this in Yola yesterday. He said the explanation became necessary to clear the air on the amount...

Paris Club refund: We’ve done nothing illegal —Govs

Again, the Nigeria Governors’ Forum, NGF, said, yesterday, that there was no illegality in the disbursement of the Paris Club loan refund. The refund was a result of over-deductions from the statutory allocations of the states for debt-servicing from 1995 to 2002. The NGF reaction...