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Home | How Nigeria Governors Took $100m from Paris Club Refund for State Elections  —Ned Nwoko

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How Nigeria Governors Took $100m from Paris Club Refund for State Elections  —Ned Nwoko

Tapre Timine
Tapre Timine
Published: June 14, 2025
Last updated: June 14, 2025
2 Min Read
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How Nigeria Governors Took $100m from Paris Club Refund for State Elections  —Ned Nwoko | Daily Report Nigeria
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Nigerian businessman and Lead Consultant from Paris Club refund, Ned Nwoko, has stated that the Nigeria Governors Forum (NGF), received $100 million as demand to prosecute elections in Bauchi, Ekiti, and Ondo states.

Nwoko noted this while speaking with newsmen in Abuja.

The money was given to them after the Ministry of Justice intervened, he added.

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He further maintained that
he submitted a bill of $350 million as the consultancy fee, and the state governors demanded to be paid 50 percent of it before it could be honored.

Nwoko noted that the money owed to the consultants was $68 million and not $418 million as reported in public space.

The consultant further said that he and his colleagues have nothing to do with $418 million, stressing that there was a miscalculation.

He pardoned the Attorney General of the Federation, AGF, Abubakar Malami, of any offense as the minister was only trying to maintain the law.

Nwoko stated that the agreements and judgments being executed were reached before the advent of the present administration.

Citing the Chairman of the NGF and Governor of Ekiti State, Dr. Kayode Fayemi, on payment to the consultants, he said:

“For a very long time, the governor of Ekiti State and Chairman of NGF has said so many inconsistent and misleading things. I felt I should restrain myself from joining issues with him,” he said.

I am compelled to debunk the litany of lies by the Chairman of Governors Forum.”

Debunking lies told about the NGF, he said;
“It is false that the NGF did not act or represent the state governors over the current round of refund on the Paris Club.

“It is also false that past regimes refused to pay the consultancy fees. Refunds started under the Obasanjo regime. If the NGF had paid in accordance with agreement this would have been averted.”

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