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Home Defence & Security Corruption and Underdevelopment

Paris Club refund: Lead consultants accuse governors of $100m kickback

Blessing Oziwo by Blessing Oziwo
January 15, 2025
in Corruption and Underdevelopment
Reading Time: 2 mins read
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Paris Club refund: Lead consultants accuse governors of $100m kickback
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The lead consultants working on the London and Paris Club refunds, weekend, accused state governors on the platform of Nigerian Governors Forum (NGF) of collecting $100 million in kickback.

They also disclosed that contrary to the claim of the NGF, the money being owed the consultants was $68 million not $418 million.

Ned Nwoko

Ned Nwoko made this known while addressing newsmen in Abuja at the weekend. He alleged that the NGF demanded and received the sum of $100 million in the name of prosecuting elections in some states.

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Nwoko further alleged that when the consultants submitted a bill of $350 million as the consultancy fee, the state governors demanded to be paid 50 percent of it before it could be honoured

He alleged that a former chairman of the forum had explained to him that the money was needed to prosecute elections in Bauchi, Ekiti and Ondo states.

Nwoko revealed that it took the intervention of the Ministry of Justice before the governors eventually received the sum of $100 million.

While commenting on what is being owed the consultants, Nwoke explained that the consultants had nothing to do with $418 million, noting that it must be a miscalculation.

Read Also: COAS tasks graduating army cadets on tackling insecurity

He also absolved the Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami, of any wrongdoing, saying the Minister was only trying to ensure that the law was obeyed.

Nwoko stated that the agreements and judgment being executed were reached before the Muhammadu Buhari administration.

The lead consultants also accused the chairman of the NGF and Governor of Ekiti State, Kayode Fayemi, of telling a litany of lies over the payment to the consultants.

Recall the governors had during their last meeting, debunked comments credited to Malami where he dismissed as noising making and no basis for rejection of the deductions of $418 million from the Paris Club refund.

The governors had said that all the claims made by the AGF were lies and his actions are self-serving and fraudulent, vowing to pursue the matter to the highest court of the land.

Click on The Trumpet and follow us on our Twitter page for more:

Tags: GovernorsLead consultantsParis Club
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