Close Menu
Straightnews

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Police Bust Drug Enclaves in Itu, Arrest 18 in Major Crackdown

    February 23, 2026 --- 7:25 pm

    TV News Anchor Queries party for Recording more votes than Registered Voters

    February 23, 2026 --- 6:43 pm

    Prof Slams UI for Producing 58 First-Class Law graduates in a Session

    February 23, 2026 --- 6:26 pm
    Facebook X (Twitter) Instagram
    Trending
    • Police Bust Drug Enclaves in Itu, Arrest 18 in Major Crackdown
    • TV News Anchor Queries party for Recording more votes than Registered Voters
    • Prof Slams UI for Producing 58 First-Class Law graduates in a Session
    • Akwa Ibom: Drowning the Jinx of Private Sector Investment
    • The Entry of Prince PapaMighty into Akwa Ibom Music Scene
    • Trump Ignores Supreme Court, Pushes US Global Tariffs To 15%
    • Phone tapping: ‘Withdraw unlawful mass surveillance regulations now’, SERAP Urges Tinubu
    • Eno, Emmanuel in Surprise Reunion at Funeral Grounds    
    Facebook X (Twitter) Instagram
    Straightnews
    • Home
    • About Us
      • About StraightNews
      • Our Philosophy
      • Editorial Board
    • News
      • Nationwide News
      • Community News
      • Regional News
        • North Central
        • North East
        • North West
        • South East
        • South South
        • South West
    • Nigeria
      • Politics
      • Economy
      • Education
      • Security
      • Energy
      • Agriculture
      • Health
      • Labour
      • Environment
      • Technology
      • Real Estate
      • Transportation
      • Judiciary
      • Electricity
    • Foreign
      • Africa
        • West Africa
        • South Africa
        • North Africa
        • East Africa
      • America
      • Asia
      • Europe
    • Social
      • Photo Gallery
      • Entertainment
      • Events
      • Fashion
      • Fitness
      • Short Stories
      • Lifestyle
      • Relationship
      • Travel
      • Specials
        • Personality Interview
        • Special Reports
        • Profile
    • Articles
      • Editorial
      • Opinion
      • Essay
    • Sports
    • Contact Us
    Straightnews
    Home»Social»Finance & Investment»Recall Of $2.7b Paris Club Refund: Govs Resolve To Use Fund To Offset Salaries
    Finance & Investment

    Recall Of $2.7b Paris Club Refund: Govs Resolve To Use Fund To Offset Salaries

    straightnewsng.comBy straightnewsng.comSeptember 27, 2018 --- 1:15 amNo Comments2 Mins Read
    WhatsApp Facebook Twitter Pinterest LinkedIn Tumblr Email
    Nigeria's Map
    Nigeria's Map
    Share
    WhatsApp Facebook Twitter LinkedIn Pinterest Email

    Following the order from the federal government to recall the second tranche of London and Paris Club Refunds disbursed to five states amounting to about $2.7 billion, the 36 state Governors have resolved to use the funds to offset payment of outstanding salaries.

    The governors also resolved to prepare all their outstanding liabilities and forward them to the Central Bank of Nigeria, CBN.

    The governors, under the aegis of Nigeria Governors’ Forum, NGF, after a marathon meeting in Abuja Wednesday, resolved to take such a decision in the interest of their respective states, just as they have begun to do individual presentation and submission.

    Vanguard gathered that at the end of the emergency meeting in Abuja, Governor Abdul’Aziz Yari, Chairman of the Nigerian Governors Forum and governor of Zamfara State, urged other governors to come along with at least three months evidence of salary payment as well as evidence of any challenge related to the payment of salaries.

    It would be recalled that the federal government had on Monday, ordered recall of the second tranche of the London and Paris Club Refunds disbursed to five states, amounting to about $2.7 billion (N972 billion.)

    The states involved are Delta, Imo, Benue, Rivers and Osun

    Speaking with Vanguard exclusively yesterday on the meeting, Asishana Okauru, the Director- General, NGF, noted that the governors and the federal government were on the same page.

    He said the governors resolved to work with the federal government to arrive on a common ground on the issue.

    Okauru, who noted that addressing the issues of salaries formed a major priority of the government and the governors, said: “The governors are committed to that and they have agreed to certainly comply with their commitments to pay salaries.”

    Vanguard gathered that the governors who attended the meeting included those of Kogi; Delta; Nasarawa; Niger; Imo; Plateau; Kebbi; Ebonyi, Benue and Zamfara states.

    Also present were the deputy governors of Akwa Ibom, Bayelsa, Anambra, Sbia, Enugu, Gombe, Katsina, Rivers, Ondo and the Permanent Secretary, Ministry of Finance, Cross River State.

    Anambra Asishana Okauru-Director- General-NGF Bayelsa Benue Central Bank of Nigeria (CBN) Cross River State Delta) deputy governors of Akwa Ibom Enugu Gombe Governor Abdul’Aziz Yari-Chairman of the Nigerian Governors Forum and governor of Zamfara State Imo Katsina Kogi; Delta London/Paris Club Refunds Nasarawa; Niger Ondo Permanent Secretary-Ministry of Finance Plateau; Kebbi; Ebonyi Rivers Rivers and Osun Sbia Zamfara States
    Share. WhatsApp Facebook Twitter Pinterest LinkedIn Tumblr Email
    straightnewsng.com
    • Website

    Related Posts

    Akwa Ibom, Cross River Spar over control of 76 Oil wells

    February 17, 2026 --- 3:03 pm

    Akwa Ibom Property Tax Bill as ‘anti-people’- Says Group

    February 13, 2026 --- 12:38 am

    Finance Commissioner Sparks Controversy, Confusion over Tax Law Citations

    February 10, 2026 --- 12:50 pm

    Comments are closed.

    Search
    Our Picks
    Don't Miss
    Crime

    Police Bust Drug Enclaves in Itu, Arrest 18 in Major Crackdown

    By straightnewsng.comFebruary 23, 2026 --- 7:25 pm0

    Press Release  Akwa Ibom Police Command has busted suspected drug enclaves in Itu Local Government…

    TV News Anchor Queries party for Recording more votes than Registered Voters

    February 23, 2026 --- 6:43 pm

    Prof Slams UI for Producing 58 First-Class Law graduates in a Session

    February 23, 2026 --- 6:26 pm

    Akwa Ibom: Drowning the Jinx of Private Sector Investment

    February 23, 2026 --- 6:03 pm

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    The publication is committed to the principles of development journalism. We are prepared to change the public perception that the profession is a harbinger of hate, blackmail, sycophancy, prejudice and falsehood.

    We pledge to use journalism practice to give voice to the voiceless and to give people of all shades of opinions an opportunity to tell their stories.
    We're accepting new partnerships right now.

    Recent Posts
    • Police Bust Drug Enclaves in Itu, Arrest 18 in Major Crackdown
    • TV News Anchor Queries party for Recording more votes than Registered Voters
    • Prof Slams UI for Producing 58 First-Class Law graduates in a Session
    • Akwa Ibom: Drowning the Jinx of Private Sector Investment
    • The Entry of Prince PapaMighty into Akwa Ibom Music Scene
    Facebook X (Twitter) Instagram Pinterest
    • Advertise With Us
    © 2026 Straightnews Wire Limited

    Type above and press Enter to search. Press Esc to cancel.