Business
Delta Gets N10bn Paris Club Fund
Delta State Commissioner for Information, Mr. Patrick Ukah, has confirmed that the state government received the N10 billion from Federal Government, as part of its share from the second tranche of Paris Club refund of over-deductions on Paris Club, London Club loans and Multilateral debts on the accounts of States and local governments (1995-2002).
Ukah’s clarification on behalf of Delta State Government, has however put paid to earlier claims by some government officials who erroneously claimed that the state has only received half of the funds from the Federal Government.
Meanwhile, a total of N652.229 billion has also been distributed as federal allocation for the month of June 2017 to the Federal Government, state governments and local government councils.
A communiqué issued by the sub-committee of the Federation Accounts Allocation Committee, FAAC of the Office of the Accountant-General of the Federation, at the end of the meeting held last Tuesday, July 25, 2017 in Abuja, indicated that the Gross Statutory Revenue received for the month is N570.584 billion and is higher than the N317.562 billion received in the previous month by N253.022 billion.
Responding to questions during a post Executive Council (Exco) press briefing on Wednesday, July 26, 2017, Mr. Patrick Ukah said he has not heard anything contrary to what was announced by the federal government.
“I don’t know who would have given you that information about what was received and what was not received. I know you would not act on speculations.
“On the Paris Club fund, if you go to the state website, you will get a full explanation on how the money received in the past was channeled. Please let us endeavour to go there and if you have any issue, revert back to me and I can clear with the Commissioner for Economic Planning and the Accountant, General.
“When we spend, we post. Its also submitted to ICPC. So there is a procedure and those facts are not hidden.
“On the current one, I have not heard anything contrary to what was announced, which is to say that I don’t know who told you about being half or not being full. But I’m aware that in the Paris Fund released, the local government has a share of that amount and we have backlog of salaries and when I mean salaries, I don’t mean the net pay. I mean backlog in terms of check-off systems, union dues and the likes and you also have substantially, Pension backlog and when you look at that and you see what the local government would be taking, then you will have an idea but I will not be able to give you the rato of sharing until the Economic Planning, Finance and Accountant General comes out with their records.
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