By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AIT LIVEAIT LIVEAIT LIVE
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Font ResizerAa
Font ResizerAa
AIT LIVEAIT LIVE
Search AIT
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Follow US

Paris Club Refund: Governors talk tough

Last updated: November 23, 2022 3:03 pm
3 years ago
Share
2 Min Read
aitlive 17 1

Nigeria’s Thirty-six State Governors say they have resolved to explore all legal means in ensuring that the US$ 418 million Paris Club Refund, meant for states is not unjustly, or illegally paid to a few individuals, in the guise of consultancies.

The resolution was reached at the 8th Teleconference Meeting of the Nigeria Governors’ Forum, held on Tuesday.

According to a communique signed by the Chairman of the Forum, Aminu Tambuwal of Sokoto State, the forum will ensure that justice is done on the matter.

The Paris Club Refund has been a subject of litigation between the state governors and the Federal Government, following the involvement of consultants in the retrieval of the fund from where it was domiciled.

The Federal High Court in Abuja had on September 21 2022, set aside a consent judgement, given in favour of a company, Panic Alert Security Systems, (PASS), Limited, for its acclaimed roles in the recovery of the Paris Club refund.

In what appears like a showdown with the Federal Government, on issues bothering state governments’ interests, The Governors’ Forum also said that it expects the Federal Government to respect the interlocutory order of a High Court, restraining it from proceeding with the sale of the Niger Delta Power Holdings Company Limited, NDPHCL.

Also, Read ; $418m Paris Club Refund: Govs deny receiving money to fund elections

The NDPHCL is one of the ten National Integrated Power Projects, (NIPPs), that is generating tension between the two tiers of government, following plans of privatisation by the Federal Government.

The governors also said that sequel to discussions between sub-sovereigns at the recently concluded 2nd African sub-sovereigns Government Network (AfSNET) Conference, the Forum agreed to pursue through its membership on the forum of Regions of Africa, (FORAF), and its partnership with the African Export-Import Bank, support for enhanced dialogue, cooperation, and collaboration between sub-sovereign governments around intra-African trade, investment, industrialisation and development.

(Editor: Ifeanyi Mark)

Share This Article
Facebook Twitter Whatsapp Whatsapp Email Print

RSS APO Group – Africa-Newsroom: latest news releases related to Africa

  • Libyans in Benghazi relay frustrations about the political and security situation to United Nations Support Mission in Libya (UNSMIL), propose solutions June 8, 2025
  • Iranian and Egyptian Foreign Ministers hold telephone conversation June 8, 2025
  • African Peer Review Mechanism (APRM): “Fitch's Downgrade of Afreximbank's Rating is Based on Flawed Loan Classification” June 8, 2025
  • 2025 Basketball Africa League (BAL) Playoffs - APR (Rwanda) and US Monastir (Tunisia) Secure Wins in Pretoria, BAL Playoffs Set June 8, 2025
  • The Intergovernmental Action Group against Money Laundering in West Africa (GIABA) celebrates Economic Community of West African States (ECOWAS) day and the 50th anniversary of Economic Community of West African States (ECOWAS) in Senegal June 7, 2025

Trending

aitlive 9
Breaking: INEC admits glitch in results transmission as Court Reserves Judgement In Atiku’s Petition Against Tinubu, electoral body
2023 Elections Headlines
aitlive 1 19 1
Nigeria Air: MD Confirms Unveiled Aircraft Was Hired Ethiopia Flight
Local
LABOUR PARTY
Breaking: LP And Presidential Candidate, Peter Obi, Get Court Permission To Inspect Forensic Materials
2023 Elections
AIT-IMAGES - US House Republicans
US House Republicans authorize Biden impeachment inquiry
World
PETER OBI
Drama in court as judges order Peter Obi’s legal team to go home
Headlines

Section

  • Headlines
  • Local
  • Business
  • Politics
  • Sports
  • Crime
  • Education
  • Health
  • Entertainment

Programmes

  • Kakaaki
  • Focus Nigeria
  • Democracy Today
  • People Politics and Power
  • News Hour
  • AIT Reports
  • World News
  • Moneyline With Nancy
  • Jigsaw

About Us

  • About AIT
  • Our History
  • Our Awards
  • Our Values
  • Privacy Policy


Follow US
© AIT.LIVE. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

THE MOST IMPORTANT NEWS HEADLINE AND EVENT OF THE DAY

Subscribe to our mailing list to receive daily news update direct in your inbox!

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?