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Home ยป FG To Halt Deductions From State Govts
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FG To Halt Deductions From State Govts

OsunDailyBy OsunDailyMay 24, 2023No Comments2 Mins Read
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The Federal Government has resolved to halt deductions of the Paris club debt from the accounts of state governments going forward.

OsunDaily News learnt that the Chairman of the Nigeria Governors Forum (NGF), Governor Aminu Tambuwal, disclosed this in a communique after a meeting of the forumย  on Tuesday.

According to him, part of the reasons why the federal government decided to stop the deduction of the money was for state governments โ€œto meet Local Government Councils London/Paris Club obligations.โ€

Tambuwal explained that the minister of Finance, Zainab Ahmed also promised to ensure the refund of what had been deducted before now from the states government accounts.

The communique partly readsย  โ€œMembers were briefed by the Chairman of the forum that the Hon. Minister of Finance has granted the request of the forum to immediately stop further deductions from the accounts of States to meet Local Government Councils London Paris Club obligations and the monies so far deducted be paid back to the States.


โ€œOn the leadership of the forum, the Governor of Kwara State, Abdulrahman Abdulrazaq, emerged the new Chairman of the Nigeria Governorsโ€™ Forum through a consensus, and the Governor of Oyo State Seyi Makinde is now the Vice-Chairman.โ€


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Deductions Govts Halt State
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