The Nigerian Governors’ Forum has asked some consultants for a legal solution to the dispute over the federal government’s planned payment of $418 million in Paris Club Refund quota.
The NGF also objected to the FG’s decision to privatize 10 National Integrated Power Projects, insisting that the matter should be referred to the court. He said he filed suit against FG and obtained an injunction through his lawyers, barring all parties to the suit from any step or action that would or would result in the motion for an interlocutory order. nugatory
The forum is part of the resolutions adopted during the teleconference meeting held on Tuesday, the communique was read by the President and Governor of Sokoto State, Aminu Tambuwal.
“Regarding the $418 million Paris Club repayment and debt payments referred to the consultants by the Federal Ministry of Finance and the Debt Management Office (DMO), the forum remains steadfast in exploring all legal avenues available to it to ensure that resources belonging to the states are not unfairly or illegally disbursed. to a few under the guise of advice.
“The forum, after opting for the cancellation of the privatization of 10 National Integrated Power Projects (NIPP) by the Federal Government of Nigeria (FGN), directed its lawyers to approach the Federal Court, and today issued a judgment order, all parties involved in the case interlocutory -in the notification that requires the order, the outcome of the motion is negative or that prevents the performance of an action.
“The effect of the court’s order is that the defendants cannot proceed with the proposed sale of the power plants belonging to the Niger Delta Power Holding Company Limited (NDPHCL) until the motion for notice of interlocutory order is heard and determined.”
The NGF also stated that it was working with the FG to increase the impact of the recent flood crisis, especially in the area of food security.
“The forum is monitoring the flood situation across the country and working with the Federal Government through the National Economic Council (NEC) and the Federal Ministry of Agriculture and Rural Development (FMARD), in collaboration with the Federal Ministry of Human Affairs, Disaster Management and Social Development ( FMHDSD), the National Emergency Management Agency (NEMA), the Central Bank of Nigeria (CBN), the Federal Ministry of Finance, Budget and National Planning (FMFBNP) and the World Bank to prepare emergency interventions to mitigate the impact of the flood crisis especially to maintain food security.
“At the recently concluded 2nd conference of the African Network of Subsovereign Governments (AfSNET), the succession of discussions between subsovereigns agreed to continue the forum through its cooperation with the African Regional Forum (FORAF) and the African Export. Import (AFREXIM) Bank, dialogue between subsovereign governments, support for improving cooperation and collaboration in intra-African trade, investment, industrialization and development.
“Members were also informed by the World Bank Task Team Leader (TTL) Professor Foluso Okunmadewa of the $750 million Nigeria’s COVID-19 Action Recovery and Economic Stimulation Program (CARES) program for the Nigeria 2022 Flood Response, following discussions with states and the National Economic Council (NEC ) with the Ad hoc Committee on Floods”.
