The Nigeria Governors
Forum (NGF) at the weekend denied that it diverted part of the first
tranche of the Paris-London Club refund to states.
The Economic and Financial Crimes Commission (EFCC) is investigating the
allegation and President Muhammadu Buhari last Thursday ordered the
release of the second tranche of the refund to states.
Spokesman of the NGF Abdulrazaque Bello-Barkindo, in a statement said:
“The Nigeria Governors’ Forum read with utter disgust reports making the
rounds in the print, electronic and social media that monies accruing
to states from the Paris and London Clubs refunds have found their way
into private pockets.
“Apart from stating that these reports are unfounded and are only a
figment of the imagination of the writers, the Nigeria Governors’ Forum
wishes to also categorically state that nothing illegal has been
committed in the entire process leading to the final disbursement to
states of the first tranche Paris-London Clubs repayment of the excess
deductions from states’ coffers and the refund of their loans.
“Following the barrage of innuendoes, untruths and outright falsehoods
that have pervaded the media, the Nigeria Governors’ Forum deems it
imperative to shed light on the transactions that followed and put the
records straight.
“The Paris London Clubs loan refund has been on the cards since 2005.
Successive state governors had tried to get reimbursement for the excess
deductions from their states in the past but did not succeed. The
failure resulted from a number of reasons, varying from one state to the
other. It is therefore to the Nigeria Governors’ Forum’s credit that
this set of governors was able to persuade President Muhammadu Buhari to
authorize the release of the funds for disbursement to deserving
states.
“President Buhari’s desire to reflate the economy at a time when states
were insolvent and unable to pay salaries was why he acceded to the
request by the current group of governors that the money be released to
the states. It is true that there were conditions attached to the
disbursements but these arose from the collective and voluntary
resolution of the governors and not any draconian order from any
quarters.”
“And each and every approving authority, including the Federal Ministry
of Finance, the office of the Accountant General of the Federation, the
Central Bank of Nigeria and the office of the Auditor General of the
Federation as well as the National Assembly were duly informed from the
beginning to the end of all the transactions.
“Nothing illegal was done and no monies was paid into the personal
account of any Governor, legislator or top officials at any of the
levels and arms of government in the country.” he said
He also noted that President Muhammadu Buhari would not have approved
the payment of the second tranche of the refund to the states, if the
Federal Government had found anything corrupt, illegal and unpatriotic
about the utilization of the first tranche of the Paris-London Clubs
Fund.
He added: “Note also most importantly at this juncture, that every
decision that was taken in respect of all the transactions was with the
full consent and blessing of the 36 governors.
“We therefore find the insinuation in the media that monies went into
the private accounts of seven unidentified governors as not only
preposterous but mischievous.
“This is more so because none of the reports was able to identify a
single governor, not to talk of seven. The Economic and Financial
Crimes Commission (EFCC) itself had issued a release exculpating all the
governors, saying it was investigating the matter further.
“But instead of allowing the EFCC to conclude its investigations, a
particular section of the media resorted to this unsavoury falsehood
which puts the media and its practitioners in bad light.”
No comments