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Paris Club

7 Apr
His mere support role behind Murtala, though dignified, was however short-lived, as the latter was assassinated in a very bloody attempt at takeover of power on 13th February, 1976.
21 Aug 2021
Governors of the 36 states of the federation have debunked the alleged disbursement of the sum of N243.8 billion to states as Paris Club refund. 
18 Jun 2021
The Enugu Zonal office of the Economic and Financial Crimes Commission (EFCC) has arrested some officials of the Abia State government for matters relating to the Paris Club refund. Our correspondent gathered that the Abia State Government officials were arrested on the evening of Thursday, June 17, 2021. Their arrested officials are to explain their…
21 Mar 2021
Nigeria’s external debt is considered to be the biggest in sub-Saharan Africa and has already been rescheduled several times.
2 Nov 2019
The organised Labour in Kogi State has insisted that the last Paris Club refund and the latest bailouts funds of N30.8billion obtained by the state government were judiciously utilised.
8 Apr 2019
Programme Coordinator of the Nigeria Natural Resource Charter (NNRC), Tengi George-Ikoli, has expressed fears that the dip in oil prices could send the country back to recession going by the depletion of the Excess Crude Account (ECA). Recalling the calls for transparency and accountability on the running of the account, she, however, noted that the…
29 Nov 2018
The Senate has resolved to investigate the Kogi State government over alleged borrowing of $500 million (N180 billion) from the United Arab Emirates without the required constitutional authorisation from the upper chamber. It, therefore, mandated its committee on local and foreign debts to probe the allegation and establish the approach used to access the loan,…
28 Oct 2018
Governor Rochas Okorocha of Imo said N5billion out of the N12.6 billion Paris Club debt refund will be used for the payment of pension arrears in the state. Okorocha will also spend N9billion for the payment of salaries, according to a statement by his Chief Press Secretary, Mr Sam Owuemeodo. The shortfall of N1.4billion will…
27 Sep 2018
The Delta State Chapter of the Nigeria Labour Congress (NLC) has appealed to the Federal Government to rescind its earlier decision to withdraw the third tranche Paris Club refund to the state. It said the decision of the Federal Government to withdraw the refund was “worrisome” as government workers and primary school teachers were already…
14 Jan 2018
Kayode Bashir, a pensioner from Osun State turned 70 in August 2017. In a country where life expectancy is plunging at great speed, celebrations ought to be considered, but the Bashirs did not roll out the drums, just as there were no garlands to festoon their patriarch. Reason: In their household, the year 2017 remains…
8 Dec 2017
Abia State Government has expressed its willingness and commitment to prioritise the payment of outstanding pensions and teachers salaries, while disbursing the expected third tranche of Paris Club refund.  The State’s Commissioner for Information, Chief John Okiyi Kalu, gave the hint when the Chairman of Abia State Civil and Pensioners Association, Dr Emeka Okparanta, paid…
17 Oct 2017
President Muhammadu Buhari on Tuesday expressed concern on the growing complaints and agitations by workers in states over unpaid salaries and allowances, in spite of interventions by the Federal Government.

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