Fayemi on Paris Club refund: We’ll not accept arbitrary deductions from FG

Fayemi on Paris Club refund: We’ll not accept arbitrary deductions from FG

Kayode Fayemi, governor of Ekiti, has warned that state governments will not accept arbitrary deductions of funds from the federation account.

Fayemi, who is also the chairman of the Nigeria Governors’ Forum (NGF), said this on Tuesday, October 26; while speaking with journalists on the sidelines of the 27th Nigerian Economic Summit (NES 27) in Abuja.

He said state governments are currently dealing with the issue and will find a solution soon.

“As far as states are concerned. They do not accept that funds belonging to the federation account are deducted arbitrarily without their input,” Fayemi said.

“We are dealing with the issue. You will find the resolution to it.

“That’s why they (governors) have insisted until this is clarified; we will rather leave the money in the pool until we all agree.”

According to reports, last week’s Federation Account Allocation Committee (FAAC) meeting ended in a deadlock over opposition by the governors on the commencement of deduction of $418 million from the local governments’ accounts to pay private consultants for the Paris Club refund.

Consultants had claimed the amount as a percentage for the payment of services rendered; to the states and local government councils.

But the amount did not go down well with the governors who requested a forensic audit over the claim made by consultants.

Meanwhile, Ohanaeze Ndigbo, the Pan-Igbo socio-cultural organization, has warned against the harsh effects; of the planned one-week sit-at-home directive by the Indigenous People of Biafra (IPOB) in the southeast region.

This was contained in a statement issued on Tuesday by the Ohanaeze Secretary General, Mazi Okechukwu Isiguzoro.

The statement maintained that the planned one-week sit-at-home declared by the group; was gradually having severe and destructive impacts on the genuine quest of the people; to enhance and harness the economic potentials of the southeast for her development.

Also Read: INEC dispels report of mass resignation of staff due to IPOB mandate

According to the Igbo body, “proponents of sit-at-home are not observing the exercise at abroad where they residents. In Asia, Europe, and America, ndigbo are wiser now than before. No more sit-at-home. We are in support of out-of-court settlements that will make Nnamdi Kanu regain his freedom; not through absurd enslavement of the people with the one week planned sit-at-home exercise”.

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