Tag: Debt
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Abiodun Inherits N202billion Debt On Road Projects From Amosun
Ogun State Commissioner for Works, Engr. Ade Akinsanya, has disclosed that the present administration inherited a debt of N202 billion on road projects alone from the administration of Senator Ibikunle Amosun. Akinsanya who stated this in Abeokuta at the weekend, however, stated that Governor Dapo Abiodun has approved phased payment of the debt. According to…
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N2bn debt: Pay up to continue operations, NECO tells debtor states
The National Examinations Council (NECO) says the over N2billion examination fees owed it by some state governments is affecting its smooth operations. The Registrar of NECO, Prof Dantani Wushishi, said this in an interview with newsmen on Friday, in Lagos. He was in the state to monitor the ongoing 2022 Senior School Certificate Examination (SSCE)…
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Niger govt clears N3bn debt owed AEDC –SSG
The Secretary to the Niger State Government (SSG) Alhaji Ahmed Matane, has disclosed that the state government has paid over N3 billion to the Abuja Electricity Distribution Company (AEDC) for debts owed it over a period of four years. He made this statement at a press conference in Minna, on Wednesday. Recall that AEDC had…
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$418m Paris Club debt: Court dismisses 36 governors’ suit against FG
A Federal High Court, Abuja, on Friday, dismissed the 418 million dollars Paris Club debt suit filed by the 36 state governments against the Federal Government. Justice Inyang Ekwo, in a judgement, dismissed the suit for lacking in merit.
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Peter Obi berates Willie Obiano, says he left huge amount for him
Ex-Anambra Governor who served under the auspices of APGA, Peter Obi has stated reasons he deposited so much money for the state when he was handing over to Willie Obiano.
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Court fixes date to deliver judgment in $418m Paris Club debt suit against FG
A Federal High Court, Abuja, on Tuesday, fixed March 25 to deliver a judgment in the 418million dollars Paris Club debt suit filed by the 36 state governments against the Federal Government.
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Anambra Guber: ‘Stop feigning ignorance about Anambra’s huge debts,’ Uba tells Soludo
The Senator Andy Uba Governorship Campaign Organisation, SAUGCO has asked former Governor of the Central Bank of Nigeria (CBN),
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Nigeria’s high debt servicing figure worrisome- Adeboye
The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, has described as worrying Nigeria’s current economic woes. Adeboye said he was shocked when he learned that debt servicing alone gulps a high percentage of the nation’s income. He said this yesterday at the Special Thanksgiving and Prayer for President Muhammadu…