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‘Nigerian States Secretly Shared $4 Billion In November’ – Dino Melaye Raises Alarm

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Dino Melaye, a Nigerian Senator and anti-corruption activist, on Monday, November 28, 2016 has notified Nigerians that the 36 states of the federation shared $4 billion in the month of November, 2016.

The flamboyant senator, who is representing Kogi West Senatorial District, warned that the states have received the huge sums of money and are keeping the information from the public. He said that the movement of the funds, which is the refund of over-deductions on Paris and London Club debt repayment, has been confirmed by the Central Bank of Nigeria.

He said that Nasarawa State received N68 billion, Kogi received N80 billion, Benue received N91 billion while Plateau received 75 billion. Osun received N84 billion and Edo State received N82 billion.

According to Melaye, the Economic and Financial Crimes Commission, EFCC, needs to step in and ensure that the funds paid to the state governments is not looted.

“The thirty-six states of the Federation collectively received over $4 billion being the over-deductions on Paris and London Club Loans on the accounts of State and Local Governments from February 1990 to March 2002. Nasarawa State received over N68 billion, CBN confirmed,” Melaye shared on his Facebook page.

“Details from both the CBN and Federal Ministry of Finance showed neighboring states, Kogi State received about N80 billion, Plateau State and Benue State got N75 billion and N91 billion respectively.

“Meanwhile, the states of Osun-State and Edo State got N84bn and N82bn respectively.

“The monies were credited into the respective accounts of all the 36 states of Federation on Monday 21st November, 2016.

“While that of Plateau State was paid into a UBA account (1019894291), that of Nasarawa State as confirmed from Govt. House was paid into Fidelity and Skye Banks for State Govt. (N46 billion) and Local Govts. (N22 billion) respectively.

“Regrettably, all the 36 states governors don’t want the general public especially civil society organizations (CSOs) to know about these monies, hence the secrecy of the payment.

“However, approving the disbursement of this sum of over $4b to all the 36 states in naira, Muhammadu Buhari directed the states governors to use the monies to settle the civil servants salaries and welfares.

“We hope with this money, Rauf Adesoji Aregbesola will pay civil servants their salaries in full both at the state and LGAs levels to ameliorate the suffering of our people as directed by the federal government.

“We are calling on Economic and Financial Crimes Commission (EFCC) and ICPC Nigeria to monitor the spending of these huge $4 billion disbursed to the 36 states governors especially that of Osun State,” the senator, who is the chairperson of the Nigerian Senate committee on Federal Capital Territory (FCT) wrote.

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