Paris Club Refund: Katsina, Oil Producing States Get Highest Allocation
Mrs. Kemi Adeosun, Nigeria’s Minister of Finance[/caption]
The Federal Government, on Wednesday, revealed the amount each state got from the first tranche of the Paris club refunds to 35 states in the country, as well as the account the monies were paid into.
According to the figures, Katsina, Rivers, Bayelsa, Akwa Ibom, Delta, and Lagos states received N14.5 billion each.
Katsina State, which is located in the North West zone of Nigeria, is the home to President Muhammadu Buhari.
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KATSINA: N14,500,000,000#ParisClubRefund
— Govt of Nigeria (@AsoRock) March 22, 2017
Taraba, Adamawa, Ondo, Kwara, Gombe, and Ekiti got the lowest allocations between N4.2 billion and N8.9 billion each.
Recall that President Buhari last week directed the Ministry of Finance and the Central Bank of Nigeria to release the 2nd tranche of the Paris club refunds to states.
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Here is a full breakdown:
STATE PARIS CLUB REFUND
ABIA N10,631,324,520.96
ADAMAWA N4,894,891,184.12
AKWA IBOM N14,500,000,000
ANAMBRA N11,386,281,466.35
BAUCHI N12,792,664,403.93
BAYELSA N14,500,000,000
BENUE N12,749,689,453.61
BORNO N13,654,138,849.49
CROSS RIVER N11,300,139,741.28
DELTA N14,500,000,000
EBONYI N8,385,035,086.76
EDO N11,329,495,462.04
EKITI N8,877,476,163.58
ENUGU N9,972,928,301.97
GOMBE N8,319,552,518.63
IMO N13,021,497,640.32
JIGAWA N13,220,260,074.57
KADUNA N14,362,416,363.24
KATSINA N14,500,000,000
KEBBI N11,118,149,054.10
KOGI N11,211,573,328.19
KWARA N9,188,250,190.51
LAGOS N14,500,000,000
NASARAWA N8,464,951,458.28
NIGER N13,412,075,268.20
OGUN N10,675,236,931.70
ONDO N6,513,392,932.28
OSUN N11,744,237,793.56
OYO N7,206,041,943.30
PLATEAU N10,497,987,043.06
RIVERS N14,500,000,000
SOKOTO N11,980,499,096.97
TARABA N4,202,983,799.33
YOBE N10,068,371,796.86
ZAMFARA N10,122,837,205.76
TOTAL N388,304,379,072.96
Details of the #ParisClubRefundTranche 1 we tweeted earlier: AMOUNT each state received as well as the ACCOUNTS the monies were paid into. pic.twitter.com/YrvCkR5dtZ
— Govt of Nigeria (@AsoRock) March 22, 2017
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