The Federal Ministry of Finance on Tuesday evening released the details of the second tranche of Paris Club refunds to the 36 states and the Federal Capital Territory with five states receiving N10bn each.
A statement from the ministry of finance said the payments, which totalled N243,795,465,195.20 were made to the 36 states and the federal capital territory upon the approval of President Muhammadu Buhari on May 4, 2017.
Akwa-Ibom, Bayelsa, Delta, Kano and Rivers states received the largest disbursements of N10 billion each. Kogi State received N6 billion.
“The releases were conditional upon a minimum of 75 percent being applied to the payment of workers’ salaries and pensions for States that owe salaries and pension,” Salisu Dambatta, spokesman of finance ministry, said in the statement.
This second tranche of Paris Club refunds is a partial settlement of long-standing claims by state governments relating to over-deductions from their federation account allocation committee (FAAC) allocation for external debt service arising between 1995 and 2002.
See the breakdown of what went to each state and the FCT out of the N243.795bndisbursed by the ministry below:
.
| NUMBER | STATE | AMOUNT PAYABLE (NGN) |
|---|---|---|
| 1 | ABIA | 5,715,765,871.48 |
| 2 | ADAMAWA | 6,114,300,352.68 |
| 3 | AKWA-IBOM | 10,000,000,000.00 |
| 4 | ANAMBRA | 6,121,656,702.34 |
| 5 | BAUCHI | 6,877,776,561.25 |
| 6 | BAYELSA | 10,000,000,000.00 |
| 7 | BENUE | 6,854,671,749.25 |
| 8 | BORNO | 7,340,934,865.32 |
| 9 | CROSS RIVER | 6,075,343,946.93 |
| 10 | DELTA | 10,000,000,000.00 |
| 11 | EBONYI | 4,508,083,379.98 |
| 12 | EDO | 6,091,126,592.49 |
| 13 | EKITI | 4,772,836,647.08 |
| 14 | ENUGU | 5,361,789,409.66 |
| 15 | GOMBE | 4,472,877,698.19 |
| 16 | IMO | 7,000,805,182.97 |
| 17 | JIGAWA | 7,107,666,706.76 |
| 18 | KADUNA | 7,721,729,227.55 |
| 19 | KANO | 10,000,000,000.00 |
| 20 | KATSINA | 8,202,130,909.85 |
| 21 | KEBBI | 5,977,499,491.45 |
| 22 | KOGI | 6,027,727,595.80 |
| 23 | KWARA | 5,120,644,326.57 |
| 24 | LAGOS | 8,371,938,133.11 |
| 25 | NASARAWA | 4,551,049,171.12 |
| 26 | NIGER | 7,210,793,154.95 |
| 27 | OGUN | 5,739,374,694.46 |
| 28 | ONDO | 7,003,648,314.28 |
| 29 | OSUN | 6,314,106,340.62 |
| 30 | OYO | 7,901,609,864.25 |
| 31 | PLATEAU | 5,644,079,055.41 |
| 32 | RIVERS | 10,000,000,000.00 |
| 33 | SOKOTO | 6,441,128,546.76 |
| 34 | TARABA | 5,612,014,491.52 |
| 35 | YOBE | 5,413,103,116.59 |
| 36 | ZAMFARA | 5,442,385,594.49 |
| 37 | FCT | 684,867,500.04 |
| TOTAL | 243,795,465,195.20 |
