Paris Club refund: We’ll not accept arbitrary deductions from FG – Govs | Dailytrust

Paris Club refund: We’ll not accept arbitrary deductions from FG – Govs

The Nigerian Governors’ Forum (NGF) will not accept arbitrary deductions of funds from the federation account. NGF Chairman and Governor of Ekiti State, Kayode...

Gov. Kayode Fayemi
Gov. Kayode Fayemi

The Nigerian Governors’ Forum (NGF) will not accept arbitrary deductions of funds from the federation account.

NGF Chairman and Governor of Ekiti State, Kayode Fayemi, said this in Abuja on Tuesday addressing newsmen on the sidelines of the 27th Nigerian Economic Summit.

The forum had consistently opposed the deduction of $418m from the local governments’ accounts to pay private consultants for the Paris Club refund who had claimed the amount as a percentage for the payment of services rendered to the state and local governments.

The NGF had requested a forensic audit over the consultants’ claim.

Fayemi said: “As far as states are concerned, they do not accept that funds belonging to the federation account are deducted arbitrarily without their input.

“We’re dealing with the issue. You’ll find the resolution to it.

“That’s why they (governors) have insisted until this is clarified, we’ll rather leave the money in the poll until we all agree.”

Dear Reader,
Every day, we work hard to provide readers such as you with the most accurate, up-to-date, and comprehensive information. Quality journalism costs money. Today, we're asking that you support us to do more. Your support means that Daily Trust can keep offering journalism to everyone in the world. sign up for as little as N1,000 to become a member. Learn more about our membership here

Bank transfers can be made to:
Zenith Bank
1017257739
Media Trust Ltd


Please send details of your bank transfer to the email or Whatsapp number below so that we can contact you.

If you have any questions, please let me know.

Inquiries:
Email: membership@dailytrust.com
Whatsapp: +234 806 990 3410