$418m Paris Club Loan: Don’t tamper with our money” – 36 States warn FG

The 36 States of the federation have issued a warning to Federal Government not to tamper with funds accruing to them and the 774 Local Government Councils in the guise of satisfying the alleged $418 million London/Paris Club Loan refund-related judgment debts.

Speaking through the Body of Attorneys-General of the Federation, the States warned further that should the Federal Government proceed to make any such deduction, it would be acting illegally and in contempt of their appeal challenging the judgment.

According to the States, said they were not parties to any suit on the London/Paris Club refund, and thus were not liable to any person or entity in any judgment debt being relied on by the Federal Government.

They gave the warning in an April 4 letter, as part of their response to a Nov. 11, 2021 letter from the Minister of Finance, Budget and National Planning advertising the commencement of the deduction for the liquidation of the alleged judgment debts.

The 36 States’ reply was signed by the Body of Attorneys-General of the Federation’s Interim Chairman, Moyosore Onigbanjo, of Lagos State, and Interim Secretary, Dr. AbdulKarim Abubakar Kana, of Nasarawa State, as well as the Attorneys-Generals of Rivers, Abia, Taraba, Benue and Zamfara States, for and on behalf of all the State Attorneys-General.

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