Paris Club Refund: FG Releases Final Tranche To 27 States
The Federal Government on Saturday, December 16, confirmed the release of the final tranche of the Paris Club refund to 27 state governments.
The Director, Home Finance, Federal Ministry of Finance, Mrs Siyanbola Olubunmi, confirmed the release of the fund to the 27 states while speaking at the end of the Federation Account Allocation Committee meeting held at the headquarters of the ministry of finance.
She said about ten other states have yet to be paid by the ministry, adding that payments to them was being delayed by some processes.
Olubunmi who did not provide the amount that was paid said as soon as the processes were sorted out, the fund would be released to the states.
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