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Buhari Will Address Nigerians At 7 a.m. On Sunday

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Buhari Seeks Senate’s Approval To Pay $556m, £98m, And N226bn Judgment Debts

Nasiru Ibrahim by Nasiru Ibrahim
May 25, 2023
in Africa, Politics
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Buhari Will Address Nigerians At 7 a.m. On Sunday

Image Source: THISDAYLIVE

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President Muhammad Buhari has written to the senate, seeking permission for $566.8 million, £98.5 million, and n226.81 billion to pay judgment debts. Buhari’s appeal was contained in a letter read on the Senate floor by senate president ahmad lawan yesterday in Abuja.

According to him, the agreement would allow the government to pay the federal government’s judgment debt using the issue of promissory notes.

“The distinguished senate president may wish to be notified that the federal executive council, FEC, approved the liquidation of top priority judgment debts and general judgment debts owed by ministries, departments, and agencies, mdas, at its meeting on March 29, 2023,” the letter said.

“The Attorney-General of the Federation and Minister of Justice and the Minister of Finance, Budget and National Planning shall provide any information that may be required by the Senate for the consideration of this request.”

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Nasiru Ibrahim

Nasiru Ibrahim

I'm a Forsige contributor who writes about current events in politics and economics.

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