$418m Paris Club Refund: ‘AGF Malami working against public interest, colluding with consultants’ – Governors allege

The 36 State governors, under the aegis of the Nigeria Governors’ Forum (NGF), have raised an alarm over a purported attempt to deduct $418 million from the Federation Account to settle the controversial Paris Club debt to private consultants. The consultants are claiming a percentage of Paris Club refunds as payment for services they said they rendered to the States and local governments.  The governors alleged that a special relationship exists between the Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami and the private consultants above Nigeria’s…

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$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…

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‘Deduction of $418m Paris Club payments unlawful’, Nigerian Govs Forum tells FG

…Says it’s contrary to public policy and morality The Nigeria Governors’ Forum, (NGF), yesterday described plans by Federal Government to deduct the sum of $418 million Paris Club payments from the Federation Account as unlawful and contrary to public policy and morality. The Forum’s position was contained in a statement, titled: ‘Re: Paris Club refund: FG counters States, insists deduction lawful’, issued by the NGF’s Head, Media and Public Affairs, AbdulRazaque Bello-Barkindo. The Forum, which expressed its opposition against the payment of total sums of $86,546,526.65 and N19,439,225,871.11 in 2016,…

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