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Paris Club refund: Governors to meet Buhari on Friday for release of final tranche

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President Muhammadu Buhari

President Muhammadu Buhari will on Friday meet with Governors of the 36 states of the federation at the Presidential Villa to discuss the release of the last tranche of the Paris and London Club refunds.

The meeting which is at the request of the Governors, is to seek the President’s approval for the final release of N200billion Paris Club refund.

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“The governors are hoping the president will authorise the final release of the Paris Club refunds, which is about N200 billion so that they can fulfil their obligations to workers and pensioners and pay other bills in their states,” a source told ThisDay.

According to him, when the Chairman of the Nigerian Governors’ Forum (NGF) and Governor of Zamfara State, Abdulaziz Yari, led a delegation of seven governors to London to visit the president, he had thanked them for “holding Nigeria together in his absence”.

The Governors want to capitalize on the good relationship with Buhari, to seek his approval for the final release of the refunds.

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TheNewsGuru.com reports that President Buhari had approved the payment of the first tranche of N522billion on December 16 last year.

In July, the then Acting President, Prof. Yemi Osinbajo approved the release of another N243.80billion as the second tranche of Paris Club refunds.

TheNewsGuru.com reports that with the release of the second tranche, the total amount disbursed to the states stands at N765.8billion.

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