• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
$418m Paris Club Refund: Nigerian Govs Asks Billionaire Ned Nwoko To Save Energy For Legal Battle

$418m Paris Club Refund: Nigerian Govs Asks Billionaire Ned Nwoko To Save Energy For Legal Battle

4 years ago
BRICS Summit: Modi Holds Talks With Putin, Iranian President

BRICS Summit: Modi Holds Talks With Putin, Iranian President

6 hours ago
Nigeria Tops Chart Of Africa, Global Malnutrition Burden

Uganda: Save The Children Warns Of Worsening Child Malnutrition 

6 hours ago
Gambia: Police Place Ban On Protests Without Permit After Unrests Over Power Cuts

Gambia: Police Place Ban On Protests Without Permit After Unrests Over Power Cuts

6 hours ago
Equatorial Guinea: US Deportee Detained After Criticising Police Over Torture

Equatorial Guinea: US Deportee Detained After Criticising Police Over Torture

7 hours ago
Nigeria: US Delivers Fresh Military Equipment To Boost Counterterrorism Fight

Nigeria: US Delivers Fresh Military Equipment To Boost Counterterrorism Fight

11 hours ago
Saturday, September 12, 2026
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    Libya: UN Applauds Agreement By Rival Parties To Hold Election

    Libya: UN Applauds Agreement By Rival Parties To Hold Election

    S/Africa: Court Approves Sale Of Mandela’s Personal Items, Win For Daughter

    South Africa: Govt Takes Mandela Auction Dispute To Constitutional Court

    Niger: Advocacy Group Denounces Suspension Of 9 French Media Outlets

    Niger: Thousand Protest In Support Of Junta Leader After Foiled Mutiny

    Guinea-Bissau: New Constitution Allows President To Sack PM, Dissolve Cabinet

    Guinea-Bissau: New Constitution Allows President To Sack PM, Dissolve Cabinet

    Zambia: President Hichilema Sworn-in For Second Term After Disputed Polls

    Zambia: President Hichilema Sworn-in For Second Term After Disputed Polls

    Uganda: Defence Chief Threatens To Behead Opposition Leader

    Uganda: Museveni’s Son Hints On Contesting 2031 Presidency

    Zambia: Authorities Seal Off Courts Last Day To Submission Of Election

    Zambia: Authorities Seal Off Courts Last Day To Submission Of Election

    Cameroon: Biya Returns Home To Rousing Welcome After 10 Weeks Abroad

    Cameroon: Biya Returns Home To Rousing Welcome After 10 Weeks Abroad

    Zimbabwe: Hichilema Signs Law Making Free Education Permanent Constitutional Provision

    Zambia: Hichilema Secures Landslide Re-Election, Braces For Economic Test

  • Economy
    Kenya: US Pledges Support In Developing Key Minerals Processing Industry

    Kenya: US Pledges Support In Developing Key Minerals Processing Industry

    Senegal: PM Says $3.5bn IMF Arrears Must Be Cleared To Rejig Economy

    Senegal: PM Says $3.5bn IMF Arrears Must Be Cleared To Rejig Economy

    Kenya: Ruto Orders Shooting Of Protesters Attacking Businesses

    Kenya: Ruto Orders Indian Chemical Company To Exit, Cites Poor Economic Impact

    COP17 Ends In Mongolia With $1.3bn Green Investment Pledge

    COP17 Ends In Mongolia With $1.3bn Green Investment Pledge

    Music Star, Nicki Minaj Named Jury In  Trump’s $1m Small Business Competition

    Music Star, Nicki Minaj Named Jury In  Trump’s $1m Small Business Competition

    IEA Chief Says Nigeria Could Attract Double Of Current Investment In Energy

    IEA Chief Says Nigeria Could Attract Double Of Current Investment In Energy

    Kenya Mulls Privatisation Of Key Government Assets To Attract Investment

    Kenya: Ruto Orders Clampdown On Foreigners Operating Small Businesses

    AU To Unveil African Credit Rating Agency In October 5

    AU To Unveil African Credit Rating Agency In October 5

    Ghana Places Ban On Export Of Unrefined Gold Dore

    Ghana Places Ban On Export Of Unrefined Gold Dore

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Libya: UN Applauds Agreement By Rival Parties To Hold Election

    Libya: UN Applauds Agreement By Rival Parties To Hold Election

    S/Africa: Court Approves Sale Of Mandela’s Personal Items, Win For Daughter

    South Africa: Govt Takes Mandela Auction Dispute To Constitutional Court

    Niger: Advocacy Group Denounces Suspension Of 9 French Media Outlets

    Niger: Thousand Protest In Support Of Junta Leader After Foiled Mutiny

    Guinea-Bissau: New Constitution Allows President To Sack PM, Dissolve Cabinet

    Guinea-Bissau: New Constitution Allows President To Sack PM, Dissolve Cabinet

    Zambia: President Hichilema Sworn-in For Second Term After Disputed Polls

    Zambia: President Hichilema Sworn-in For Second Term After Disputed Polls

    Uganda: Defence Chief Threatens To Behead Opposition Leader

    Uganda: Museveni’s Son Hints On Contesting 2031 Presidency

    Zambia: Authorities Seal Off Courts Last Day To Submission Of Election

    Zambia: Authorities Seal Off Courts Last Day To Submission Of Election

    Cameroon: Biya Returns Home To Rousing Welcome After 10 Weeks Abroad

    Cameroon: Biya Returns Home To Rousing Welcome After 10 Weeks Abroad

    Zimbabwe: Hichilema Signs Law Making Free Education Permanent Constitutional Provision

    Zambia: Hichilema Secures Landslide Re-Election, Braces For Economic Test

  • Economy
    Kenya: US Pledges Support In Developing Key Minerals Processing Industry

    Kenya: US Pledges Support In Developing Key Minerals Processing Industry

    Senegal: PM Says $3.5bn IMF Arrears Must Be Cleared To Rejig Economy

    Senegal: PM Says $3.5bn IMF Arrears Must Be Cleared To Rejig Economy

    Kenya: Ruto Orders Shooting Of Protesters Attacking Businesses

    Kenya: Ruto Orders Indian Chemical Company To Exit, Cites Poor Economic Impact

    COP17 Ends In Mongolia With $1.3bn Green Investment Pledge

    COP17 Ends In Mongolia With $1.3bn Green Investment Pledge

    Music Star, Nicki Minaj Named Jury In  Trump’s $1m Small Business Competition

    Music Star, Nicki Minaj Named Jury In  Trump’s $1m Small Business Competition

    IEA Chief Says Nigeria Could Attract Double Of Current Investment In Energy

    IEA Chief Says Nigeria Could Attract Double Of Current Investment In Energy

    Kenya Mulls Privatisation Of Key Government Assets To Attract Investment

    Kenya: Ruto Orders Clampdown On Foreigners Operating Small Businesses

    AU To Unveil African Credit Rating Agency In October 5

    AU To Unveil African Credit Rating Agency In October 5

    Ghana Places Ban On Export Of Unrefined Gold Dore

    Ghana Places Ban On Export Of Unrefined Gold Dore

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News
Home Politics

$418m Paris Club Refund: Nigerian Govs Asks Billionaire Ned Nwoko To Save Energy For Legal Battle

August 22, 2022
in Politics, Top Stories
0 0
0
108
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

By Emmanuel Nduka

The Nigeria Governors’ Forum (NGF) has advised businessman and philanthropist, Ned Nwoko, who is one of the alleged consultants on the Paris Club refund, to reserve all of his recent outburst against its Chairman, Dr. Kayode Fayemi, and channel them towards litigation.

Relatedreading

BRICS Summit: Modi Holds Talks With Putin, Iranian President

Uganda: Save The Children Warns Of Worsening Child Malnutrition 

While speaking with journalists over the weekend in Abuja, Nwoko alleged that the consultancy fee owed by the states and local governments was $68 million and not $418 million.

“The outstanding fees owed my firm with regards to last work done for the states is approximately $68 million and not $418 million as maliciously sought to be conveyed by Fayemi and co,” he said, alleging that the NGF told lies.

Reacting to this in a statement signed by Abdulrazaque Bello-Barkindo, Director, Media and Public Affairs, NGF Secretariat, the governors stated that Nwoko in his statement, attempted to blur and obfuscate the real facts and legal issues in controversy by dishing out blatant lies and half-truths about the whole transactions in the Paris Club refund deal.

The NGF in the statement made available to journalists in Abuja on Sunday, declared that “the salient facts on the fraud associated with the Paris Club refunds can never be changed by a thousand press statements by the AGF or any of the consultants.”

“While Ned has vowed to fully enforce the judgment in FHC/ABJ/CS/130/2013, may we remind him that the law does not permit the enforcement of a judg­ment that is on appeal. Let him reserve all his vitu­perations against the NGF chairman and canvass them on appeal as the law may permit him.

“No professional advocacy or media campaign to hoodwink the public can change the law.

“We are not unmindful of the ridiculous claim by one of consultants that it was his media campaign that swayed a Federal High Court judgment in favour of the NGF.

“Interestingly, the public which is the greatest victim in the mismanagement of scarce public resources has since been well informed and is on red alert to avert and stop what is apparently an attempt by some ravenous rent seekers masquerading as consultants to further exacerbate the economic woes of citizens under the prevailing dire economic situation.

“The use of libelous language on the person of the chairman of NGF, who has refused to be compromised and has firmly stood his ground on the unconstitutional and unlawful nature of the consultants’ claims, is not helpful to their case either.

“NGF is an apolitical organisation that operates under defined principles targeted at good governance. Its role in the whole of this Paris Club refund debacle to consultants is to ensure that Nigeria citizens are not unlawfully deprived of resources meant for their development.

“NGF will not therefore waste its valuable time to defend unsubstantiated allegations against individuals or persons who are in a position to defend themselves.

“If Ned is sure of his facts, he is at liberty to approach the necessary authorities to bring to justice on any person or persons and all conspirators (including himself) who were allegedly involved in misappropriating public resources for campaign financing.

“The NGF hereby states unequivocally that it has not at any time been involved in or been in re­ceipt of USD$100 million or any other funds from Ned Nwoko to finance elections in any state.

“Perhaps, confirming our fears and that of the public that the AGF has abdicated his role as public defender and trustee and become the strongest advocate to the consultants is now evident in Ned Nwoko’s press statement wherein he praised the role played by the AGF, describing it as inevitable.

“Ned cannot say that the consultants have no official platform to canvass their case, when the AGF has, in spite of public protestation, provided the strongest and most virulent platform to campaign for the expeditious payment of the sums claimed.

“The AGF has addressed and issued over half a doz­en press statements justifying why the consultants should be immediately paid. Not even Ned’s solicitors could have done any better,” the NGF statement read.

 

Tags: breakingHeritageheritage timesheritagetimesmedialatestNed NwokonewsNigeria Governors Forumthe heritage timesthtthtafricatop stories
ShareTweetSend
Previous Post

Ivory Coast: Former First Lady Simone Gbagbo Launches Political Party

Next Post

Nigeria’s Falconets Crash Out Of FIFA U20 Women World Cup 

Related Posts

BRICS Summit: Modi Holds Talks With Putin, Iranian President

BRICS Summit: Modi Holds Talks With Putin, Iranian President

September 11, 2026
Nigeria Tops Chart Of Africa, Global Malnutrition Burden

Uganda: Save The Children Warns Of Worsening Child Malnutrition 

September 11, 2026

Gambia: Police Place Ban On Protests Without Permit After Unrests Over Power Cuts

Equatorial Guinea: US Deportee Detained After Criticising Police Over Torture

Nigeria: US Delivers Fresh Military Equipment To Boost Counterterrorism Fight

Xenophobia: Protesters Issue Fresh September 30 Ultimatum For Foreigners Living In South Africa

Next Post
Nigeria’s Falconets Crash Out Of FIFA U20 Women World Cup 

Nigeria's Falconets Crash Out Of FIFA U20 Women World Cup 

Please login to join discussion
AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1
AfriHeritage Magazine 2026 AfriHeritage Magazine 2026 AfriHeritage Magazine 2026

Updates

  • Trending
  • Comments
  • Latest
Nigeria: Govt Grounds Aircraft That Landed On Busy Road, Flew Off Without Clearance

Nigeria: Govt Grounds Aircraft That Landed On Busy Road, Flew Off Without Clearance

June 11, 2026
Jupiter Used To Be Twice As Massive, New Research Finds

Jupiter Used To Be Twice As Massive, New Research Finds

May 22, 2025
Student Who Smuggled ‘Squid Game’ Into North Korea Sentenced To Death — Report

Student Who Smuggled ‘Squid Game’ Into North Korea Sentenced To Death — Report

November 25, 2021
The Last Of Mary Slessor’s Rescued Twin-Daughter Passes Away At 115

The Last Of Mary Slessor’s Rescued Twin-Daughter Passes Away At 115

June 12, 2025
Africa Risks Using Untested Medicines, Neuroscientist Warns

Africa Risks Using Untested Medicines, Neuroscientist Warns

0
Nigeria: SA Envoy Appeals For Support To Evacuate Stranded Citizens

Nigeria: SA Envoy Appeals For Support To Evacuate Stranded Citizens

0
Libya: UN Applauds Agreement By Rival Parties To Hold Election

Libya: UN Applauds Agreement By Rival Parties To Hold Election

0
Kenya: US Pledges Support In Developing Key Minerals Processing Industry

Kenya: US Pledges Support In Developing Key Minerals Processing Industry

0
BRICS Summit: Modi Holds Talks With Putin, Iranian President

BRICS Summit: Modi Holds Talks With Putin, Iranian President

September 11, 2026
Nigeria Tops Chart Of Africa, Global Malnutrition Burden

Uganda: Save The Children Warns Of Worsening Child Malnutrition 

September 11, 2026
Gambia: Police Place Ban On Protests Without Permit After Unrests Over Power Cuts

Gambia: Police Place Ban On Protests Without Permit After Unrests Over Power Cuts

September 11, 2026
Equatorial Guinea: US Deportee Detained After Criticising Police Over Torture

Equatorial Guinea: US Deportee Detained After Criticising Police Over Torture

September 11, 2026

Most Recent

BRICS Summit: Modi Holds Talks With Putin, Iranian President

September 11, 2026

Uganda: Save The Children Warns Of Worsening Child Malnutrition 

September 11, 2026

Gambia: Police Place Ban On Protests Without Permit After Unrests Over Power Cuts

September 11, 2026

Equatorial Guinea: US Deportee Detained After Criticising Police Over Torture

September 11, 2026

Nigeria: US Delivers Fresh Military Equipment To Boost Counterterrorism Fight

September 11, 2026

Xenophobia: Protesters Issue Fresh September 30 Ultimatum For Foreigners Living In South Africa

September 11, 2026

Anthropic Disrupts Attempts To Exploit AI For Biological Weapons Development

September 11, 2026

Uganda Withdraws From Prince Harry’s Invictus Games

September 10, 2026

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

A Nuclear-Armed North Korea As A Metaphor For The ‘Safe State’

One Year of Transformative Stewardship: Walson-Jack’s Innovative Impact on Nigeria’s Civil Service

Africa’s Largest Tech Event, MWC25 Kigali, Returns With Focus On Innovation, Policy

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • HT Management
  • Privacy Policy

© 2025 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact us

© 2025 Heritage Times (HT) Media.