JUST IN: Buhari wants Senate approval to pay $556m, £98,526,013,N226bn judgement debts

President Muhammadu Buhari is seeking the Senate to grant approval for the payment of a substantial judgment debt.

The formal request from President Buhari was presented during Wednesday’s plenary session, with Senate President Ahmad Lawan reading the letter to the Senate.

The requested amount totals $566,754,584.31, £98,526,012.00, and N226 billion owed by the Federal Government.

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Buhari proposes the issuance of promissory notes as a means of settling this debt.

More soon…