Paris Club Refund: NGF tackles Malami over planned payment of $418 million to consultants

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The Federal High Court Abuja on Friday stopped the federal government from deducting $418 million from the accounts of the...

, over plans to deduct about $418 million from the Federation Account to pay private contractors and firms allegedly owed by the 36 states and local governments over the Paris Club refund.

PREMIUM TIMES had reported how President Muhammadu Buhari had ignored the protests by the NGF to approve the refund to creditors.In the statement, the governors faulted Mr Malami’s claim that the federal government was right to have deducted the $418million from the accounts of the 36 states to settle the alleged debt.

“The undue haste, with which the statement was issued even before the service on the AGF of the court processes and the order dated 5th November, 2021 restraining the Federal Government, seems to suggest that there is a special relationship between the AGF and the consultants over and above Nigerian citizens,” the statement said.

“The AGF may need to explain to Nigerians why these particular judgment debts are given unusual attention and priority and processed with supersonic speed over and above all others; some of which preceded these so-called judgments and have been pending for settlement by the AGF for several years,” part of the statement read.

“The only application for mandamus by PANIC Alert is pending for hearing at the Federal High Court and parties have since joined issues,” it said. “The AGF has consistently stated that this administration is an avid respecter of the rule of law. This is one case in which this commitment should be fully and completely demonstrated.”

 

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