President Muhammadu Buhari, on Monday, met with the members of the National Council of Traditional Rulers, decrying the way the Paris Club loan refund was spent by some state governors.
The Federal Government had, on May 4, released details of the second tranche of the Paris Club loan refund to states totalling N243.795bn.
The refund was in respect of the over deductions on Paris Club, London Club Loans and Multilateral debts between 1995 and 2002.
The President, who met with the traditional rulers at the new Banquet Hall, Presidential Villa, Abuja, frowned on the inability of the affected states to pay the retirement benefits and outstanding salaries of workers with the refund.
Add Comment