{"id":639,"date":"2017-10-20T00:11:51","date_gmt":"2017-10-20T00:11:51","guid":{"rendered":"http:\/\/nigerianews.ca\/?p=639"},"modified":"2017-10-20T02:48:28","modified_gmt":"2017-10-20T02:48:28","slug":"senate-probes-paris-club-refunds-and-bailout-funds","status":"publish","type":"post","link":"https:\/\/nigerianews.ca\/senate-probes-paris-club-refunds-and-bailout-funds\/","title":{"rendered":"Senate Probes Paris Club Refunds and bailout funds"},"content":{"rendered":"<div class=\"medium-12\">\n<article id=\"post-header-351975\" class=\"article-header-above\">\n<div class=\"row collapse\">\n<div class=\"medium-12 column\">\n<div class=\"article-header none\">\n<div class=\"meta row in-container\">\n<div class=\"column-12 column\">\n<div class=\"inline-metas-wrap row in-container collapse\">October 19, 2017<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"row vc_row in-container\">\n<div class=\"medium-8 column left\">\n<article id=\"post-351975\">\n<div class=\"row collapse article-content-wrap\">\n<div class=\"has-sticky-sidebar medium-3 column hide-for-small left\">\n<div class=\"theiaStickySidebar is-sticky\">\n<div class=\"b-padding-10 r-padding-30\">\n<div class=\"smart-sidebar\">\n<div class=\"smart-sidebar-item\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-310167\" src=\"https:\/\/17350-presscdn-0-16-pagely.netdna-ssl.com\/wp-content\/uploads\/2016\/11\/the-senate-504x336.jpg\" alt=\"\" width=\"504\" height=\"336\" \/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"small-12 medium-9 right column\">\n<div class=\"article-content\">\n<div class=\"post-body xt-post-content\">\n<figure id=\"attachment_310167\" class=\"wp-caption aligncenter\"><figcaption class=\"wp-caption-text\">The Senate<\/figcaption><\/figure>\n<p>Nigeria Senate on Thursday resolved to probe how the Paris Club Refunds and other bailout funds to state governors by President Muhammadu Buhari were approved.<\/p>\n<p>The Senate\u2019s decision followed a point of order raised by Senator Samuel Anyanwu (PDP- Imo) during plenary, who afterwards, sought the leave of the Senate to move a motion on the matter during the next legislative day.<\/p>\n<p>He queried the legality of the funds given to governors by Buhari.<\/p>\n<p>The President of the Senate, Sen. Bukola Saraki, sought and got the leave of his colleagues and approved that the proper motion be brought by Anyanwu, to the floor on another legislative day.<\/p>\n<p>The Federal Government had released the breakdown of payments to the 36 states as refund of \u201cover-deductions on Paris Club, London Club Loans and Multilateral debts on the accounts of States and Local Governments (1995-2002).\u201d<\/p>\n<p>The latest payment was the second tranche of the refunds to the states with a total of N243.8 billion released to the 36 states and Federal Capital Territory.<\/p>\n<p>Buhari, while releasing the N243.80 billion as second tranche of Paris Club refund to states, urged the governors to use a major part of the funds to offset salaries, pensions and other allowances of workers.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>October 19, 2017 The Senate Nigeria Senate on Thursday resolved to probe how the Paris Club Refunds and other bailout funds to state governors by President Muhammadu Buhari were approved. The Senate\u2019s decision followed a point of order raised by Senator Samuel Anyanwu (PDP- Imo) during plenary, who afterwards, sought the leave of the Senate [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[48],"tags":[],"class_list":["post-639","post","type-post","status-publish","format-standard","hentry","category-politics","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Senate Probes Paris Club Refunds and bailout funds<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nigerianews.ca\/senate-probes-paris-club-refunds-and-bailout-funds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Senate Probes Paris Club Refunds and bailout funds\" \/>\n<meta property=\"og:description\" content=\"October 19, 2017 The Senate Nigeria Senate on Thursday resolved to probe how the Paris Club Refunds and other bailout funds to state governors by President Muhammadu Buhari were approved. 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