Connect with us

Nigeria In One Minute

Governors kick against $138m consultants’ fees

Published

on

There is disquiet among governors over a plan to pay some consultants $138 million (about N42.2b at the official N306 to $1) of the $6.9 billion Paris-London Club loan refund.

Besides, The Nation learnt at the weekend that: the Presidency is unhappy that local governments did not get their right share of the hefty refund; and some states are still owing local government workers as many as 10 months’ salaries; others are owing six months.

Non-payment of salaries and pensions is considered a breach of the agreement between the Presidency and the governors.

The Presidency has released N1,266.44 trillion to the 36 states in the past one and a half years. The cash includes N713.70billion special intervention funds.

Some governors are displeased that the Nigeria Governors Forum (NGF) plans to pay 2% of the $6.9billion refund to consultants.

The 2 per cent is $138,000,000 (N42.228billion at the official rate of N306 to $1).

According to a governor, who spoke in confidence, NGF Chairman Abdulaziz Yari, who is also the governor of Zamfara State, conveyed the agreement to pay 2 per cent to some consultants in a July 29, 2016 letter to the Minister of Finance, Mrs Kemi Adeosun.

The Nation, April 10, 2017

 

 

RipplesNigeria ….without borders, without fears

Click here to download the Ripples Nigeria App for latest updates

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now