{"id":15703,"date":"2017-07-18T16:37:27","date_gmt":"2017-07-18T15:37:27","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=15703"},"modified":"2017-07-18T16:37:27","modified_gmt":"2017-07-18T15:37:27","slug":"ekiti-gets-n4-7bn-abia-n5-7bn-another-tranche-paris-club-loan-refund-released","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/ekiti-gets-n4-7bn-abia-n5-7bn-another-tranche-paris-club-loan-refund-released\/","title":{"rendered":"Ekiti gets N4.7bn, Abia, N5.7bn as another tranche of Paris Club loan refund is released"},"content":{"rendered":"<p>The ministry of finance has released another tranche of Paris Club loan refund to two states.<\/p>\n<p>Although the ministry is yet to release full details regarding the funds, it was learnt that Ekiti state got N4.772 billion while Abia got N5.715 billion.<\/p>\n<p>The refund is as a result of over-deductions from statutory financial allocations to the 36 states between 1995 and 2005 for debt servicing.<\/p>\n<p>Lere Olayinka, spokesman of Ayodele Fayose, Ekiti state governor, confirmed the state\u2019s receipt of the money in a statement.<\/p>\n<p>The statement said the amount would be shared between the state and the local governments.<\/p>\n<p>Obinna Oriaku, Abia state commisioner for finance, also confirmed that his state had received the money, but said Abia got lower than the \u201cN11 billion to N12 billion\u201d it was expecting.<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p>Oriaku added that despite the \u201cshortfall\u201d, Okezie Ikpeazu, the governor, had directed that the released funds should be committed wholly to salary arrears.<\/p>\n<p>While Ekiti got N9.5 billion in the first tranche of funds, Abia had received N11.4 billion.<\/p>\n<p>The first tranche of N388bn was released to the states months ago, but there were allegations that the governors diverted the money.<\/p>\n<p>\u201cThe funds were released to state governments as part of the wider efforts to stimulate the economy and were specifically designed to support states in meeting salary and other obligations, thereby alleviating the challenges faced by workers,\u201d Salisu Dambatta, ministry of finance spokesman, had said in a statement during the release.<\/p>\n<p>Nigerian governors had said they will offset a backlog of salaries\u00a0and allowances owed their workers as soon as the second tranche of funds is released. (The Cable)<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The ministry of finance has released another tranche of Paris Club loan refund to two states. Although the ministry is yet to release full details regarding the funds, it was learnt that Ekiti state got N4.772 billion while Abia got N5.715 billion. The refund is as a result of over-deductions from statutory financial allocations to &hellip;<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":11,"featured_media":15704,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[17],"tags":[2364,383],"coauthors":[2392,2393],"class_list":["post-15703","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-news","tag-abia","tag-ekiti"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ekiti gets N4.7bn, Abia, N5.7bn as another tranche of Paris Club loan refund is released - National Wire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/ekiti-gets-n4-7bn-abia-n5-7bn-another-tranche-paris-club-loan-refund-released\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ekiti gets N4.7bn, Abia, N5.7bn as another tranche of Paris Club loan refund is released - National Wire\" \/>\n<meta property=\"og:description\" content=\"The ministry of finance has released another tranche of Paris Club loan refund to two states. Although the ministry is yet to release full details regarding the funds, it was learnt that Ekiti state got N4.772 billion while Abia got N5.715 billion. The refund is as a result of over-deductions from statutory financial allocations to &hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nationalwire.com.ng\/sub\/ekiti-gets-n4-7bn-abia-n5-7bn-another-tranche-paris-club-loan-refund-released\/\" \/>\n<meta property=\"og:site_name\" content=\"National Wire\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-18T15:37:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/07\/images-2-3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"275\" \/>\n\t<meta property=\"og:image:height\" content=\"183\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dayo Emmanuel\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/\",\"name\":\"National Wire\",\"description\":\"About Nigerians, Nigerian Business and Other Stories\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/ekiti-gets-n4-7bn-abia-n5-7bn-another-tranche-paris-club-loan-refund-released\/#primaryimage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/07\/images-2-3.jpg\",\"contentUrl\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/07\/images-2-3.jpg\",\"width\":275,\"height\":183},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/ekiti-gets-n4-7bn-abia-n5-7bn-another-tranche-paris-club-loan-refund-released\/#webpage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/ekiti-gets-n4-7bn-abia-n5-7bn-another-tranche-paris-club-loan-refund-released\/\",\"name\":\"Ekiti gets N4.7bn, Abia, N5.7bn as another tranche of Paris Club loan refund is released - National Wire\",\"isPartOf\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/ekiti-gets-n4-7bn-abia-n5-7bn-another-tranche-paris-club-loan-refund-released\/#primaryimage\"},\"datePublished\":\"2017-07-18T15:37:27+00:00\",\"dateModified\":\"2017-07-18T15:37:27+00:00\",\"author\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/806673c5851717dc3067b1a46a6c060f\"},\"breadcrumb\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/ekiti-gets-n4-7bn-abia-n5-7bn-another-tranche-paris-club-loan-refund-released\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nationalwire.com.ng\/sub\/ekiti-gets-n4-7bn-abia-n5-7bn-another-tranche-paris-club-loan-refund-released\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/ekiti-gets-n4-7bn-abia-n5-7bn-another-tranche-paris-club-loan-refund-released\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/nationalwire.com.ng\/sub\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ekiti gets N4.7bn, Abia, N5.7bn as another tranche of Paris Club loan refund is released\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/806673c5851717dc3067b1a46a6c060f\",\"name\":\"Dayo Emmanuel\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/author\/dayo\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Ekiti gets N4.7bn, Abia, N5.7bn as another tranche of Paris Club loan refund is released - National Wire","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nationalwire.com.ng\/sub\/ekiti-gets-n4-7bn-abia-n5-7bn-another-tranche-paris-club-loan-refund-released\/","og_locale":"en_US","og_type":"article","og_title":"Ekiti gets N4.7bn, Abia, N5.7bn as another tranche of Paris Club loan refund is released - National Wire","og_description":"The ministry of finance has released another tranche of Paris Club loan refund to two states. 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