Close Menu
Chronicle.ng
    Trending Stories
    Guinness World Recorder holder, Hilda Baci

    Pastor Bolaji Idowu prays for Hilda Baci as world record jollof attempt begins

    September 12, 2025
    Trump's ally Charlie Kirk dies after shooting at Utah campus event

    Charlie Kirk murder suspect now in custody, Trump reveals

    September 12, 2025
    Burkina Faso junta leader pardons 21 soldiers for 2015 failed coup

    Burkina Faso govt scraps visa fees for Africans

    September 12, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Pastor Bolaji Idowu prays for Hilda Baci as world record jollof attempt begins
    • Charlie Kirk murder suspect now in custody, Trump reveals
    • Burkina Faso govt scraps visa fees for Africans
    • Anambra gov places N10m reward on gunmen over burial attack
    • Air Peace disputes NSIB report on pilots’ alcohol use, says co-pilot was cleared by NCAA
    • Gunmen kill four, injures 15 in Anambra burial attack
    • Tyler Perry faces $260m lawsuit as actor alleges sexual assault
    • Air Peace crew tests positive for alcohol after plane skids off runway – NSIB
    Facebook X (Twitter) Instagram
    Chronicle.ngChronicle.ng
    Subscribe
    Friday, September 12
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle.ng

    $418m Paris Refund: Governors appeal judgment

    Chronicle EditorBy Chronicle EditorMarch 30, 2022No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    Nigerian governors are appealing the Paris Fund loan
    Nigerian governors are appealing the Paris Fund loan
    Facebook Twitter WhatsApp

    The governors of the 36 states of the federation have appealed the Federal High Court judgment which dismissed their suit challenging the planned deduction of $418 million from the Federation Account.

    The money is meant to settle debts owed consultants engaged by state and local governments on the Paris Club refunds.

    The Federal High Court in Abuja on March 25 dismissed a suit instituted by the 36 states’ Attorneys-General challenging plans by the Federal Government to deduct funds from the federation account to settle $418 million judgment debt in relation to the Paris Club refund.

    The governors made the appeal through their Attorneys-General in a statement signed by fived Senor Advocates of Nigeria; S. I. Ameh, J. S. Okutepa, Dr Garba Tetengi, Ahmed Raji and Olumuyiwa Akinboro.

    The governors advised the public and all financial institutions in Nigeria and abroad that the matter was subjudice, urging them to desist from dealing with the defendants in the suit.

    • Paris Club Funds: Zamfara to forfeit $500,000, N50m to FG

    “With respect to promissory notes issued to them and intended to be discounted and given value from funds due to the states of the federation from the federation account… be it known that any person or persons who take steps in respect of the promissory notes in the face of the pending appeal do so at his or her peril,” the statement said.

    According to the statement, the general public are advised not to deal with Dr Chris Asoluka (doing business under the name and style of NIPAL Consulting Network, Linas International Limited, Joe Odey Agi, (Practising under the name and style of Joe Agi, SAN & Associates).

    Others according to the statement include Riok Nigeria Limited, Prince Nicholas Ukachukwu, Dr Ted Iseghohi Edwards, Panix Alert Security Systems Limited, Dr George Uboh, Ned Munir Nwoko, Prince Orji Orizu and Olaitan Bello.

    Justice Inyang Ekwo had dismissed the suit by the Attorneys-General of the 36 states against the Federal Government in a judgment delivered recently saying the attorneys-general have not shown enough evidence to accord them the right to institute the action.

    Ekwo in his judgment held that there was no express evidence to show that the governors of the 36 states consented to the filing of the suit.

    (NAN)

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Guinness World Recorder holder, Hilda Baci

    Pastor Bolaji Idowu prays for Hilda Baci as world record jollof attempt begins

    Trump's ally Charlie Kirk dies after shooting at Utah campus event

    Charlie Kirk murder suspect now in custody, Trump reveals

    Burkina Faso junta leader pardons 21 soldiers for 2015 failed coup

    Burkina Faso govt scraps visa fees for Africans

    Anambra task force shoot, kill four in Onitsha market

    Anambra gov places N10m reward on gunmen over burial attack

    Air Peace gets Brazil’s approval to begin direct flights from Lagos to Sao Paulo

    Air Peace disputes NSIB report on pilots’ alcohol use, says co-pilot was cleared by NCAA

    Gunmen kill Plateau okada rider near Rukuba barracks' gate

    Gunmen kill four, injures 15 in Anambra burial attack

    Add A Comment
    Leave A Reply Cancel Reply

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Guinness World Recorder holder, Hilda Baci

    Pastor Bolaji Idowu prays for Hilda Baci as world record jollof attempt begins

    September 12, 2025
    Trump's ally Charlie Kirk dies after shooting at Utah campus event

    Charlie Kirk murder suspect now in custody, Trump reveals

    September 12, 2025
    Burkina Faso junta leader pardons 21 soldiers for 2015 failed coup

    Burkina Faso govt scraps visa fees for Africans

    September 12, 2025
    Anambra task force shoot, kill four in Onitsha market

    Anambra gov places N10m reward on gunmen over burial attack

    September 12, 2025
    Air Peace gets Brazil’s approval to begin direct flights from Lagos to Sao Paulo

    Air Peace disputes NSIB report on pilots’ alcohol use, says co-pilot was cleared by NCAA

    September 12, 2025
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2025 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.