refund

Amaechi Reacts To Order For Former Govs To Refund Pensions

The Minister of Transportation, Rotimi Amaechi on Thursday denied receiving pensions as the former governor of Rivers state.

“I have never requested for or collected one kobo as pension from R/State Govt,” Amaechi said on Twitter on Thursday

“If offered, I will politely decline & request that the money should be given to Rivers State pensioners.”

A federal high court in Lagos on Wednesday ordered the federal government to recover pensions and allowances paid to former and serving ministers and senators that are ex-governors.

Socio-Economic Rights and Accountability Project (SERAP)

Ibrahim: ₦10bn Project Refund Will Be Used For Vote Buying

Ibrahim: ₦10bn Project Refund Will Be Used For Vote Buying

The governorship candidate of the All Progressives Grand Alliance in Kogi State, Sheik Ibrahim Jibril, has urged National Assembly to thoroughly investigate the ₦10. 069 billion presidential funds for projects allegedly executed by the Kogi State Governor, Yahaya Bello.

Sheik Ibrahim who kicked against the release of the money urged the National Assembly to discharge their duties with the fear of God and the interest of the people of Kogi State, saying the National Assembly should insist on seeing the projects for which governor Yahaya Bello is requesting the fund.

He said the last ₦30billion bailout funds to the …

Q3 2018 capital budget records dismal implementation

₦649bn Paris Club refund available for states to share

States are to share N649 billion – the final tranche of the Paris Club Refund.

But debtor-states will have to settle their debts soon, Finance Minister Mrs.  Zainab Ahmed said yesterday, adding that the Federal Government plans to begin the final phase of the debt refund.

The minister told reporters at a news conference in Abuja yesterday that “the total sum of N649.434 billion was verified by the ministry as the outstanding balance to be refunded to the state governments.”

She also revealed that the payments made by the Central Bank of Nigeria (CNB) as at March stood at N691.560 …