Home Business Suspend Paris-London Club Refund To States, Umar Advises Buhari

Suspend Paris-London Club Refund To States, Umar Advises Buhari

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By Teddy Nwanunobi

Abuja (Sundiata Post) — Former governor of Kaduna State, Abubakar Umar, has advised President Muhammadu Buhari to suspend his order to the the Federal Ministry Of Finance and the Central Bank of Nigeria (CBN) for the release of the second tranche of the refund.

Umar, who gave the advice, observed that some state governors contracted consultants to secure the refund from the Federal Government.

Umar further observed that most of the earlier released funds were deployed for other purposes than payment of salaries and pension arrears as directed by Mr President.

“It is now revealed that some state governors contracted consultants with fees ranging from 10 to 30 percent to secure refund from the Federal  Government of Nigeria (FGN).

“With this shocking revelation, president Muhammadu Buhari should suspend his order to the the Federal Ministry Of Finance and the Central Bank of Nigeria (CBN) for the release of the second tranche of the refund.

“It is also evident now that most of the earlier released funds were deployed for other purposes than payment of salaries and pension arrears as directed by Mr President.

“This impunity has got to stop,” he said.

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