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Paris Club Refunds: Adeosun Moves To Debunk Fraud Allegations, Assures On Transparency

The Minister of Finance, Mrs Kemi Adeosun  has opened up on the now controversial  issue of Paris Club Refunds and assured  the public that the Federal Government has consistently complied with all extant rules and regulations in the disbursement of the Paris Club refunds to State Governments. Though she did not say so outrightly, the minister's statement is an apparent attempt to debunk allegations of frau ...

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Paris-London Club Refunds: Col Umar Asks Buhari To Suspend Order To CBN,Ministry

Former Governor of Kaduna State , Colonel Abubakar  D. Umar (Rtd) has asked President Muhammadu Buhari to suspend his order to the Central Bank of Nigeria,CBN  and the Federal Ministry of Finance to pay the second tranche  of Paris Club as well as London Club refunds to states. In a statement on Monday, Umar  described as shocking,  the revelations that governors contracted consultants  at  exorbitant fees ...

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Diversion Of Paris Club Loan Refund: SERAP Urges FG To File Legal Action Against States

Socio-Economic Rights and Accountability Project, (SERAP) has written to the Accountant – General of the Federation Alh. Ahmed Idris, FCNA requesting him “to urgently pass on information to the Attorney General of the Federation and Minister of Justice Abubakar Malami, SAN relating to the release of N388.304 billion London Paris Club loan refunds to 35 states by the federal government so that Mr Malami can ...

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N5.3 bn Paris Refund: Abia Commences Payment, Probes 130 Ghost Teachers

Abia state government on Thursday said it had commenced the process of disbursing the N5.3 billion Paris club refund for payment of arrears of salaries owed Abia workers. The State Commissioner for Finance, Mr. Obinna Oriaku disclosed this in an interview with journalists in Umuahia. According to him, the decision followed the resolution of the committee set up by the Governor, Dr Okezie Ikpeazu, for the ex ...

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Paris Club: CNPP Urges Finance Minister, Governors To Publish Details Of Refund

The Conference of Nigeria Political Parties (CNPP) has decried the controversies surrounding federal government's refund of over deductions from the state governments' allocations between 1995 and 2002 to settle Paris and London Clubs loan, urging the Minister of Finance and the all state governors to publish details of payments to each state. President Muhammadu Buhari had early December last year approved ...

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We Reject The Purported Removal Of Fuel Subsidy And Fixing Of Outrageous Prices For Petroleum Products-Rivers TUC Statement

The Trade Union Congress of Nigeria(TUC)Rivers State condemn in its entirety  and reject the purported removal of fuel subsidy, the introduction of deregulations without any appropriate legal framework and the fixing of outrageous Cut-throat prices for Petroleum products at a time when Nigerian are passing through excruciating economic hardship. Moreover we are tempted by the underhanded manner the purporte ...

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Okonjo-Iweala And The Limits Of Propaganda, By Mohammed Haruna

The News condemned her as “The Failed Minister” on the cover of its edition of May 25. On the other hand, Government, a monthly publication of Leadership Newspapers, praised her as the minister who “revamped the Nigerian economy” whatever her critics may say.Between the two publications, the vast majority of Nigerians are, I suspect, more likely to agree with the first. And it won’t be for any lack in self- ...

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Of Ministers, Clowns, Hazards, and Lazard, By Temitope Oshikoya

After a four-month hiatus, the ministerial orchestral band of thirty seven noisemakers finally arrives on the stage. The Ministerial list is a mix of professionals and politicians; party loyalists and non-party members. There are eleven lawyers, 5 former governors, three medical doctors, and three academicians. In the context of the President’s campaign platform of security, economy, and corruption (SEC), t ...

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