Tag: Debt
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Oil and gas workers express concerns over Nigeria’s N77trn debt
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Thursday in Abuja expressed concerns over Nigeria’s N77 trillion public debt.
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N3.4bn debt pits ex-council chiefs against Gov Makinde
Former Local Government chairmen and councillors sacked on May 29, 2019 by Gov. Seyi Makinde of Oyo State have disagreed with the governor on his proposed plan to pay the N3.4 billion judgment debt in instalments.
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Oyo State Govt.’s accounts blocked over N3.4bn debt
A High Court of the Federal Capital Territory (FCT), Abuja has issued an order attaching funds standing to the credit of Oyo State Government and its agencies in four banks.
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$53m debt: Emefiele asks Appeal Court to set aside Judgment Summons
The Governor of the Central Bank of Nigeria, (CBN), Mr. Godwin Emefiele has asked the Appeal court to set aside an order of a lower court compelling his appearance in a 53 million dollar judgment debt proceedings. Emefiele’s Counsel, Mr. Joe Agi, SAN, had obtained a judgment summons against the CBN
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Oyetola left huge debt behind – Gov Adeleke
Osun State Governor Ademola Adeleke has accused the administration of Gboyega Oyetola of accruing debts in pensions and salaries to the tune of N76 billion.
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Reps committee grills DMO over N3.3 trillion domestic debt
The House of Representatives Committee on Aids, Loans and Debt Management on Monday grilled the Director-General, Debt Management Office (DMO), Ms Patience Oniha, over rise in domestic debts totalling N3.3 trillion in 2023.
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Special Report: FG moves to curb fleece by foreign missions, soaring debts
The Nigerian Government has constituted a committee to review the number of the country’s diplomatic Missions worldwide and their level of chronic indebtedness. Speaking during the inauguration of the committee on Tuesday, the Secretary to the Government of the Federation Boss Mustapha, said the establishment and deliberate composition of the team will enable the Government…
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Court orders CBN gov, Emefiele to appear in court
The Federal High Court, Abuja has ordered the Central Bank of Nigeria (CBN), governor, Mr. Godwin Emefiele to appear in court on Jan. 18, 2023, to explain his refusal to obey a valid court order. Justice Inyang Ekwo issued the fresh order following confirmation that Emefiele had yet to obey the order of the court…
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“Davido sent his boys to attack me” – Dammy Krane asks police to intervene
Popular singer-songwriter, Oyindamola Emmanuel, popularly known as Dammy Krane, has called on the Lagos State Police Command spokesman, Ben Hundeyin, to intervene, as he alleges that his colleague, Davido, sent his boys to attack him. However, Hundeyin asked the singer to lodge a formal complaint at the nearest police station. Recall that the “Amin” singer…
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Airlines decry FG’s ‘criminalisation’ tag over alleged N19bn debt
The Airline Operators of Nigeria (AON) have decried the alleged ‘criminalisation’ of all domestic airlines over the outstanding N19 billion debt it was alleged to owe some Federal Government’s aviation agencies. The Vice-President (V-P) of AON, Mr Allen Onyema, said this in a statement issued in Lagos on Wednesday.