May 24, (THEWILL) – President Muhammadu Buhari has asked the Senate to approve his request to pay the sum of $566,754,584.31, £98,526,012.00 and N226 billion being judgement debt, owed by the Federal Government through the issuance of promissory notes.
The request was conveyed in a letter read at plenary on Wednesday, by Senate President, Ahmad Lawan.
The letter reads: “In view of the foregoing, I wish to request the Senate to kindly consider and approve, through its resolution, the settlement of a top priority judgement debts and general judgement debts incurred by the federal MDAs in the sum of $566,754,584, £98,526,012 and N226,281,801,881.
“The Honourable Attorney General of the Federation and Minister of Justice and the Honourable Minister of Finance, Budget and National Planning shall provide any information that may be required by the Senate for the consideration of this request.”
