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Home»News»FCTA Legal Debt hits N720bn -Wike
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FCTA Legal Debt hits N720bn -Wike

meridianspyBy meridianspyAugust 31, 2023No Comments2 Mins Read
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FCT Minister, Nyesom Wike, has disclosed that there is a garnishee order to the tune of $800m against the FCT Administration, saying the administration is in a mess.

To fix some of the challenges, the minister yesterday threatened to take serious actions against highly placed persons whose actions were producing a negative impact on the FCTA
Wike, while drawing attention to the impact of the order on the economy, said the amount was enough to fund the budget of the FCTA for 10 years.

The minister, who spoke on the state of the economy of the FCTA, said the situation was so bad that the economy could be described as dead.
“We are coming out to tell the people that see what is on the ground, see what we have seen. I was telling the permanent secretary this morning, how can there be a garnishee order of $800m against the FCTA.

“How do you survive it? Who are those responsible for this? That there are no projects in the territory, everything has been abandoned. There is a garnishee order of $800m. Do you know what we are talking about? How do we survive it? Go and see what happened. Garnishee orders here and there.

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