Buhari Seeks Senate’s approval for fresh $556mn, £98mn, N226bn judgment debt payments


President Muhammadu Buhari has called upon the Senate to grant approval for the payment of a substantial judgment debt.

According to report by POLITICS NIGERIA,  the requested amount totals $566,754,584.31, £98,526,012.00, and N226 billion owed by the Federal Government.

President Buhari proposes the issuance of promissory notes as a means of settling this debt.

The formal request from President Buhari was presented during Wednesday’s plenary session, with Senate President Ahmad Lawan reading the letter to the Senate.