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Home Politics Masari gets N14.5b from Buhari (READ)
Masari gets N14.5b from Buhari (READ)

Masari gets N14.5b from Buhari (READ)

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The Federal Government has released N388.304 billion out of N522.74 billion to 35 states as refunds of over-deductions on London-Paris Club loans.

Topping the list of states with the hugest reimbursements are states controlled by the opposition Peoples Democratic Party (PDP), contrary to their claims that they were being financially oppressed by the administration of President Muhammadu Buhari.

The biggest earners include Akwa Ibom, Bayelsa, Rivers, Delta, Katsina, Kaduna, Lagos, Imo, Jigawa, Borno, Niger, Bauchi and Benue states.

But the reimbursement profile has shown that some governors fed their states with wrong figures of the sums given to them.

The refund has however landed Governor Ayodele Fayose in fresh trouble with the Federal Government after it was found that he collected N8.877 billion but could only pay one month out of the eight-month salary arrears he owed workers in the state.

Fayose was also said to have paid a curious 13th month salary as bonus while the arrears of seven-month salaries owed the workers were left unpaid.

According to The Nation, 35 of the 36 states benefitted from the refunds of N388.304 billion.

A breakdown of the list of top beneficiaries of the refunds is as follows:

Akwa Ibom, N14,500,000,000.00;

Bayelsa, N14,500,000,000.00;

Delta, N14,500,000,000.00;

Kastina, N14,500,000,000.00;

Lagos, N14,500,000,000.00;

Rivers, N14,500,000,000.00;

Kaduna, N14,362,416,363.24;

Borno, N13,654,138,849.49;

Bauchi, N12,792,664,403.93;

Benue, N12,749,689,453.61;

Sokoto, N11,980,499,096.97;

Osun, N11,744,237,793.56;

Anambra, N11,386,281,466.35;

Edo, N11,329,495,462.04;

Cross River, N11,300,139,741.28;

Kogi, N11,211,573,328.19

Kebbi, N11,118,149,054.10.

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