debt settlement

Tinubu Directs Immediate Payment Of Outstanding N342m AEDC Debt

Feb 21, 2024. by Ekohot Editor

Eko Hot Blog reports that President Bola Tinubu has directed the immediate payment of State House electricity debt to the Abuja Electricity Distribution Company (AEDC). The directive to pay the debt, according to a press release signed by President Bola Tinubu’s special adviser on Information and Strategy, Bayo Onanuga, on Tuesday, follows the reconciliation of … Read more

National Assembly To Embarks On A Quest To Quell Judgment Debts

May 25, 2023.May 25, 2023. by Praise Ben

Buhari has sought National Assembly approval to pay judgment debts of $566.7 million, £98.5 million, and N226.2 billion owed by the Federal Government. The debts, totaling N544 billion, will be settled through promissory notes. Legal experts emphasize the importance of obeying court orders. EKO HOTBLOG reports that President Muhammadu Buhari has written to the National … Read more