Breaking : FG Has Disbursed $5.4bn Of Paris Club Refund To States-Finance Minister
665 views · Published 24 December 2018 · 3:48 · Indexed 23 September 2026
Channel: Viable Tv · 2018 · News & Politics
Minister of Finance, Zainab Ahmed, says Federal Government has so far disbursed a total sum of $5.4 billion Paris Club Refund to States. The finance minister who disclosed in Abuja while highlighting steps taken by the Federal Government to increase revenue generation in the forthcoming year, said the Paris Club Refund was released to states in phases based on some conditions. According her, Federal Government has taken steps on debts repayment, as a total of $5.4 billion has been paid for the Paris club refund, $1.9 billion as export expansion grant and $6.8billion payment for cash call obligation.
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