Share!
The House of Representatives has ordered a probe into the reported massive judgement debts accrued by Federal Government ministries, divisions, and agencies, MDAs, to guarantee proper payment of high priority ones.
Lanre Okunlola, a member of the House, briefed his colleagues yesterday while presenting a motion on the need to resolve MDAs’ top priority judgement debt through the issuing of promissory notes totaling $556,754,584.31, GB398,526.17, and N 226,281,801,881.64.
He said various MDAs “have incurred substantial judgment debt totaling the sum of USD 556,754/584.81/ GB 98,526.17 and N226,281,801,881.64, which poses a significant financial burden on the nation’s finances.”
The lawmaker expressed concerns “that the judgment debts are top-priority obligations that require prompt resolution to ensure financial stability and reputation of government, adding that it is essential to address these judgment debts in a responsible and transparent manner.”
No related posts.
