What States Government Received In 1st Payment of Paris Club Refund
The following are the amounts States Governments received in 1st Tranche of reimbursement of over-deductions on Paris Club Loans(Dec 2016):
AKWA IBOM: N14,500,000,000
CROSS RIVER: N11,300,139,741.28
KWARA (2 payments)
Total Paid in 1st Tranche of Paris Club Refunds to the 35 States (December 2016): N388,304,379,072.96
NOTE: This payment to Ondo State represents 50% of the refund due in Tranche 1—on account of the leadership transition.