•27 states collect theirs•ECA swells to $2.317bn•FG, States, LGs share N609.959 billion for November
Nine states including Delta, Ogun and Adamawa are to wait for now before collecting their own share of the third tranche of the Paris Club refunds, The Nation leant last night.
However, 27 other states have collected their dues in what promises to be a rosy Christmas and New Year seasons for public servants in the benefitting states.
Much of the funds is expected to be utilized to offset arrears of workers’ salaries and pensions.
The release of the refunds to the states is in keeping with the directive of President Muhammadu Buhari that the states should get the money before Christmas to enable them pay workers and pensioners.
The Director Home Finance in the FMF, Mrs. Olubunmi Siyanbola, confirmed the payment yesterday at the end of the November 2017, Federation Account Allocation Committee (FAAC) meeting in Abuja.
But she declined to name the states that were paid and those that are to wait.
A total N609.
