The Federal Government has released the breakdown of the first tranche of Paris Club refund as paid to the different states of the federation.
In a statement issued by the Director of Press, Ministry of Finance, Salisu Dambatta, the amount the 36 states of the federation and the Federal Capital Territory, FCT, received totalled N516.38 billion.
The statement reads: “The debt service deductions are in respect of the Paris Club, London Club and Multilateral debts of the FG and States. While Nigeria reached a final agreement for debt relief with the Paris Club in October 2005, some States had already been overcharged.
“The funds were released to state governments as part of the wider efforts to stimulate the economy and were specifically designed to support states in meeting salary and other obligations, thereby alleviating the challenges faced by workers.
Below is how much the states got as refund of overdeductions made from 1995 to 2002:
State Total Amount paid (NGN)
Abia 11,431,531,742.97
Adamawa 10,257,434,321.63
Akwa Ibom 25,981,255,165.12
Anambra 12,243,313,404.68
Bauchi 13,755,553,122.51
Bayelsa 24,895,696,347.55
Benue 13,709,343,498.51
Borno 14,681,869,730.63
Cross River 12,150,687,893.85
Delta 27,606,963,362.46
Ebonyi 9,016,166,759.96
Edo 12,182,253,184.99
Ekiti 9,545,673,294.17
Enugu 10,723,578,819.32
Gombe 8,945,755,396.38
Imo 14,001,610,365.94
Jigawa 14,215,333,413.52
Kaduna 15,443,458,455.10
Kano 21,740,390,362.48
Katsina 16,404,261,819.71
Kebbi 11,954,998,982.90
Kogi 12,055,455,191.60
Kwara 10,241,288,653.14
Lagos 16,743,876,266.21
Nasarawa 9,102,098,342.24
Niger 14,421,586,309.89
Ogun 11,478,749,388.92
Ondo 14,007,296,628.57
Osun 12,628,212,681.25
Oyo 13,315,423,054.25
Plateau 11,288,158,110.82
Yobe 10,826,206,233.18
Zamfara 10,884,771,188.99
Rivers 34,925,785,322.06
Sokoto 12,882,257,093.52
Taraba 9,326,607,975.00
FCT 1,369,735,000.09
TOTAL 516,384,636,883.81
