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Buhari directs CBN, Finance Ministry to hasten actions on refunds to states

Ibrahim Ahmadu by Ibrahim Ahmadu
March 16, 2017
in Breaking News, Business, News
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President Muhammadu Buhari on Thursday directed the Ministry of Finance and the Central Bank of Nigeria (CBN) to act with dispatch in releasing the second tranche of the London-Paris Club refunds to states.
A statement by the president’s Senior Special Assistant on Media and Publicity, Malam Garba Shehu, said Buhari gave the directive when he addressed the meeting of the National Economic Council in Abuja.
The council is made up of governors and chaired by Vice-President Yemi Osinbajo.
The president expressed the hope that the early release of the refunds by the Minister of Finance, Mrs Kemi Adeosun and CBN Governor, Godwin Emefiele, would ease the financial hardships being experienced by the states.
Buhari, however, made a strong case for settlement of unpaid salaries and pension liabilities of their workers.
“I will not rest until I address those issues that affect our people. One of these basic things is the issue of salaries.
“It is most important that workers are able to feed their families, pay rent and school fees, then other things can follow,” he said.
The President, who went round the Council Chambers to greet the governors one after another, praised the unity of the Forum of State Governors.
He thanked them profusely for their display of “love and respect” to him.
The President said he was overwhelmed by his recent experience in which states, irrespective of political differences charged their citizens to pray in mosques and churches for his well-being.
Buhari also apologized to governors for barring them from visiting him while he was resting in London.
“I didn’t want government to move to London. I wanted it to remain here and I am glad it did,” he said.
After narrating what he went through while on that vacation, Buhari noted the suggestion by the governors for him to add more rests.
He, however, insisted that he would remain relentless in the pursuit of the interest of the Nigerian people at all times.
This, according to him, was the only way to show his gratitude to the people who, he said, “had given so much to me. I was overwhelmed by the celebration of my return all across the country.”
The Chairman, Nigerian Governors Forum, Abdul-Aziz Yari of Zamfara State, assured the President, on behalf of his colleagues, that they would continue to support his policies and actions which they had adjudged as being in the nation’s best interest.
The governors of Imo, Akwa-Ibom, Osun and Abia States thanked the President for saving the day for states through the first tranche of the London-Paris Club refunds while calling for the immediate release of the second one.
They also commended the trust the President reposed in Vice-President Yemi Osinbajo, whom they said did not disappoint when he acted as President.

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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.