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The state has received its share of the second tranche of the Paris Club refund.

It received the sum of N7, 003, 648, 314. 28.

Other South West states also received huge sums.

Lagos State received N8, 371, 938, 133. 11,Ogun, 5, 739, 374, 694. 46,Osun, 6, 314, 106, 340. 62, Oyo, 7, 901, 609, 864. 25,Ekiti, 4, 772, 836, 647. 08.

In all, the Federal Government released the sum of N247, 795, 465, 195. 20 to the 36 states and the Federal Capital Territory, Abuja.

According to government, 75 percent of its share after given 35 percent to local governments for payment of salary arrears, will be used to pay salary arrears and the 25 percent outstanding for capital projects.

President Muhammadu Buhari, had given approval for the release of the funds on May 4, this year.


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