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    Nigerian governors refuse to pay consultant 5% of Paris Club refund

    Chronicle EditorBy Chronicle EditorDecember 16, 2017No Comments3 Mins Read
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    President Muhammadu Buhari to inaugurate ministers on August 21
    President Muhammadu Buhari
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    President Muhammadu Buhari last month directed all state governors to use Paris Club refund to settle unpaid salaries owed workers before Christmas

    Thirty six state governors in Nigeria have refused to pay an unnamed consultant its five per cent consultancy fee from the Paris Club refund thereby stalling the payment of salaries to civil servants.

    The consultant has filed a suit against the states at Federal High Court Abuja for reneging in payment of the consultancy fee for services rendered in recovering Paris Club refund.

    Further withdrawals from the Paris Club refund by the states government may have been stalled due to the court case.

    A highly placed source at the Presidency, told NAN on Friday night that the consultant rendered services in relation to the sharing of the fund.

    The source said before this new court case, efforts were in top gear to release the balance of the Paris Club refunds to states to pay workers’ salaries all over the country before Christmas.

    READ: Canadian billionaire Barry Sherman and wife found dead

    “The payment of the Paris Club refunds is at the final stages. It will be paid to enable the workers enjoy the Christmas and New Year festive seasons,” the source said.

    Some Nigerian governors have struggled to pay workers salaries reason they rely on Paris Club refund

    President Muhammadu Buhari last month directed all state governors to utilise the balance of 50 per cent Paris Club refund to settle unpaid salaries owed workers before Christmas.

    To remove any hitches, he directed the Central Bank of Nigeria (CBN), Ministry of Finance, and the Budget Office of the Federation to work out how the outstanding fund would be paid before the end of 2017.

    The payment began in December 2016 with the release of about N522.74 billion to all 36 states as first tranche of the Paris Club refund.
    The federal government later in July 2017, released N243.8 billion as second tranche.

    The funds were released following protests by states against over deductions for external debt service between 1995 and 2002.

    Meanwhile, the Federation Account Allocation Committee (FAAC) meeting scheduled for Friday was put off till Saturday because stakeholders had not received the component statement from NNPC.

    One of the state Commissioners for Finance, who pleaded anonymity, told NAN that for the second time, the NNPC is late in remitting funds into the Federation Account.

    “NNPC is the major cause of all these things. It has not brought in money just like last month.

    “Last month, the state governors insisted that the NNPC must bring in money before it later brought out N30 billion from Excess Crude Account (ECA) before the last FAAC could hold.

    ”Again this month, the CBN and Revenue Mobilization Allocation and Fiscal Commission (RMAFC) said they have not received component statement from NNPC.

    ”’This indicates that NNPC had not paid money into the Federation Account. Without that money we have to wait till tomorrow for FAAC meeting to hold.

    “If the component statement is sent from NNPC, it will take about six hours before the stakeholders can go through it” the commissioner said.

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    The US has announced a reward of up to $10m for information on several Iranian officials, including the country’s new supreme leader.

    US offers $10m reward for information on Iran’s supreme leader Khamenei, others

    March 13, 2026
    Tinubu sets up petroleum reform task force to drive sector overhaul

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