February 21, 2024

Nigerian President Muhammadu Buhari (R) addresses the audience following his re-election, after Nigeria's Independent National Electoral Commission presented his certificate of election on February 27, 2019, in Abuja. - Muhammadu Buhari was on February 27 re-elected Nigeria's president after a delayed poll that angered voters and raised political temperatures, but the opposition immediately vowed to challenge the "sham" result in court. (Photo by Kola SULAIMON / AFP) (Photo credit should read KOLA SULAIMON/AFP via Getty Images)

President Muhammadu Buhari on Wednesday urged the Senate to approve a request to pay judgement debts in the sum of $566,754,584.31, £98,526,012.00 and N226 billion being judgement debts owed by the Federal Government through the issuance of promissory notes.

Buhari’s letter of request was read at plenary by Senate President Ahmad Lawan.

Buhari who expressed his eagerness to hand over power on May 29, claiming that he can no longer cope, has been busy seeking all manner of financial approvals from the National Assembly.

Buhari spoke at the close of the Regimental Dinner organised in his honour by the Armed Forces at the newly commissioned Nigerian Armed Forces Officers’ Mess, Asokoro, Abuja.

He was joined by Secretary to the Government of the Federation, Boss Mustapha; the Minister of Defense, Major General Salihi Magashi; the Chief of Defense Staff, General Lucky Irabor, and the Service Chiefs.

Buhari, who arrived the event late, apologised, pointing out that he had been under immense pressure catching up with the array of events lined up for the inauguration.

“Please, I will like to digress a bit from the prepared speech. I apologise most sincerely for keeping you waiting for about at least half an hour, actually I can hardly cope with the pressure and I am desperately looking forward for the next six days,” he told the gathering.

2 thoughts on “Promissory note:Outgoing Buhari’s administration seeks Senate’s approval to Pay $556m, £98m, N226b judgement debts

  1. It’s nearly impossible to find knowledgeable people about this subject, but you sound like
    you know what you’re talking about! Thanks

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