President Muhammadu Buhari has sought the approval Senate to issue a promissory note for the payment of 566,754,584.31 dollars, 98,526,012.00 Pounds and N226,281,801,881.64 judgment debt owed by the Federal Government.
Buhari’s request was contained in a letter addressed to President of Senate Ahmed, Lawan and read at plenary on Wednesday.
Buhari in the letter said:”Distinguished Senate President, you may wish to be informed that the Federal Executive Council (FEC) at its meeting of March 29, 2023 approved the liquidations of top priority judgment debts and general debts owed by Ministries, Departments and Agencies (MDAs) through the issuance of promissory notes.
