A former Military Governor, Colonel Abubakar Dangiwa Umar (rtd), has warned the Federal Government to stop the disbursement of the refund of the excess Paris Club loan to states.
He said his alarm follows discovery that state governors divert between 10 and 30 per cent in the name of consultancy.
Umar, in a statement, lamented that some governors engaged consultants who they paid between 10 per cent and 30 per cent of the released funds.
He stated that this is aside other forms of diversion which totally negates directives that the money be used to pay salaries and pensions as well as infrastructural projects.
“It is now revealed that some state governors contracted consultants with fees ranging from 10 to 30 per cent to secure refund from the Federal Government of Nigeria”, Umar said.
“With this shocking revelation, President Muhammadu Buhari should suspend his order to the Federal Ministry of Finance and the Central Bank of Nigeria for the release of the second tranche of the refund.
“It is also evident now that most of the earlier released funds were deployed for other purposes than payment of salaries and pension arrears as directed by Mr. President.
“This impunity has got to stop.”