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Reading: Buhari Asks Senate to Approve $556M, £98M, N226B for Judgment Debt Payments
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Home | Buhari Asks Senate to Approve $556M, £98M, N226B for Judgment Debt Payments

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Buhari Asks Senate to Approve $556M, £98M, N226B for Judgment Debt Payments

Tare Magbei
Tare Magbei
Published: June 15, 2025
Last updated: June 15, 2025
1 Min Read
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Buhari Asks Senate to Approve $556M, £98M, N226B for Judgment Debt Payments
Muhammadu Buhari
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President Muhammadu Buhari has asked the Senate to approve the payment of a substantial judgment debt owed by the Federal Government.

Daily Report Nigeria reports that the President is seeking for approval yo pay total sums of $566,754,584.31, £98,526,012.00, and N226 billion.

READ ALSO: Court Orders FG To Account For $460m Chinese Loan

President Buhari is proposing the issuance of promissory notes as a means of settling the debts.

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

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