The Minister of Finance, Mrs. Kemi Adeosun, on Monday stated that the Federal Government would within 12 months carry out a detailed review of the claims submitted by the states as over- deduction on the Paris Club debt.
She said that while the states had all submitted their respective claims, President Muhammadu Buhari had reached an agreement with the governors that the reconciliation process be concluded within one year.
The minister, in a statement issued by her Media Adviser, Mr. Festus Akanbi, explained that while the Debt Management Office had initially requested for a period of 22 months to complete the reconciliation and facilitate disbursement; the President, after considering the plight of salary earners, directed that the exercise be completed within 12 months.
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