Another N500bn Paris Club refund underway for states

Another London-Paris Club loan refund (about N500billion) is on the way for states— with fresh hurdles for governors.
The Presidency has made it mandatory for all the states to account for the first tranche of the loan refunds – in line with the agreement it reached with the Nigerian Governors Forum (NGF).
States implicated in the mismanagement of the first tranche may not get the fresh funds.
Some of the 36 governors are being investigated by the Economic and Financial Crimes Commission(EFCC) for allegedly diverting the first tranche of the refund.
The governors (seven are involved in the scandal) engaged some curious consultants, who got part of their states’ share of the refund.