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Millions of children living in some of the world’s hardest to reach communities are to get access to essential vaccines for the first time, thanks to funding from Gavi, the Vaccine Alliance’s Zero-Dose Immunization Programme (ZIP).
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Showing posts with label disbursement. Show all posts
Showing posts with label disbursement. Show all posts
Saturday, April 29, 2023
Tuesday, March 21, 2017
Paris Club refund disbursement, transparent – Adeosun
The Minister of Finance, Mrs. Kemi
Adeosun, has reiterated that disbursement of the Paris Club refunds is
transparent, reports ITRealms.
Clarifying the seeming
misunderstanding on the disbursement pertain, Adeosun, insisted that the
Federal Government has consistently complied with all extant rules and
regulations in the disbursement of the Paris Club refunds to State Governments.
“The Federal Government's
disbursement process is transparent and targeted at the attainment of
specific economic objectives. The
inability of some sub-national governments to meet salary and other obligations
was considered inconsonant with the Federal Government’s economic stimulus
programme. Claims with regard to over
deductions had been made to the Federal Government, consistently since 2005,”
she said.
According to her, the Debt Management
Office (DMO) initially requested for a period of 22 months to complete the
reconciliation and facilitate disbursement.
She also said that however, President
Muhammadu Buhari, considering the plight of salary earners and pensioners and
the need to stimulate the economy, directed that the exercise be completed
within 12 months.
The media adviser to Ministry of
Finance, Mr. Festus Akanbi in a press statement made available to ITRealms,
quoted Mrs. Adeosun as saying that Mr. President, Muhammadu Buhari, gave an
express Anticipatory Approval for the release of up to 50 per cent of the
claim of each state, pending final reconciliation.
“That reconciliation is undertaken by
the DMO, Office of the Accountant General of the Federation (OAGF) and the
relevant State Governments. Accordingly, the disbursements are staggered in
batches and payments are only made when the claims of each state have been
reconciled with the facts at the disposal of the Federal Government,” she said.
ITRealms recalls that specifically,
information was available that some states had been paid either in full or in
part, under previous administrations, which necessitated a more detailed
review, for the states in question.
Ayo Midele/GEE
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