When, on the behest of President Muhammadu Buhari, the federal government announced the decision to release about N522.74 billion in the first tranche of the Paris Club refund to the 36 states of the federation to enable them meet pressing financial obligations such as the payment of salaries and pensions arrears, mixed reactions of excitement, doubt, suspense and speculation greeted the move. When, thereafter, the refund was successfully released to states for disbursement in line with the purpose it was meant for, it became a subject of controversy as wild accusations and counter accusations as well as denials/ clarifications over the ingenuity and sincerity of some states to properly manage the refund, dominated the air space. For instance, it was reported in the national dailies that seven Governors were under investigation by the Economic and Financial Crimes Commission
