Tag: Paris Club
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Money owed to Paris Club consultants was $68m and not $418m in public space- Nwoko tells NGF
The Lead Consultant of Linas International Limited, the consultants for the recovery of over deductions from Paris and London clubs debt buy back funds, Prince Ned Nwoko, has revealed that the Nigeria Governors Forum (NGF) requested and received the sum of $100 million, and money owed to the consultants was $68 million and not $418…
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36 State Governors pray court to stop $418m Paris Club debt deductions
The 36 State Governors have prayed a Federal High Court in Abuja to restrain the Federal Government from approving the deduction of any money accruing to the states from the Federation Account for the payment of 418 million dollars judgment debt.
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$418m Paris Club debt: Court dismisses 36 governors’ suit against FG
A Federal High Court, Abuja, on Friday, dismissed the 418 million dollars Paris Club debt suit filed by the 36 state governments against the Federal Government. Justice Inyang Ekwo, in a judgement, dismissed the suit for lacking in merit.
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Court fixes date to deliver judgment in $418m Paris Club debt suit against FG
A Federal High Court, Abuja, on Tuesday, fixed March 25 to deliver a judgment in the 418million dollars Paris Club debt suit filed by the 36 state governments against the Federal Government.
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Governors tackle Malami for supporting consultants in $418m Paris Club Payments
The Nigeria Governors’ Forum (NGF) on Monday said the Honourable Attorney-General of the Federation (HAGF), Abubakar Malami, was working against the public’s interest by insisting on the payment of $418 million to private consultants from the accounts of state governments. The consultants are claiming a percentage of Paris Club refunds as payment of services they…
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Paris Club: Court stops FG from deducting $418m from 36 states’ accounts
The Federal High Court in Abuja has stopped the Federal Government from executing its plan to deduct $418 million from the bank account of the 36 states of the Federation. Justice Inyang Ekwo issued a restraining order against the Federal Government on Friday following an ex parte application brought by the counsels to the 36…
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Paris Club refund: Consultant sues 36 state governors, FG over payment
Further withdrawals from the Paris Club refund by the states government has been stalled as a consultant has dragged the 36 state governors and the Federal Government to court. A highly placed source at the Presidency, told TNG on Friday night that the consultant in question is suing the state governors for reneging on the…
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Oyo receives N7.2bn Paris Club excess deduction – Commissioner
Oyo State Government has confirmed the receipt of N7.2 billion as its share of the Paris Club excess deductions. Mr Toye Arulogun, the State Commissioner for Information, Culture and Tourism, made this known to newsmen in Ibadan. The News Agency of Nigeria (NAN) reports that the Federal Government approved the sum of N522.74 billion to…