Nigeria yet to settle N150 billion judgement debt - AGF - Premium Times Nigeria

Abubakar Malami, the Attorney General of the Federation, has said Nigeria is owing over N150 billion in judgement debt.Judgement debt is a damage or other monetary award pronounced upon by a court of competent jurisdiction. According to the law, there are two parties in the enforcement of a judgment.Speaking on Monday, Mr Malami said: “there exists over N150 billion judgment debt against the interest of the federal government, as at 2015, when this government came into being”.

According to the minister, some judgement debts are obtained through “compromise, fraud and corrupt practices” and as such “the Federal Government has the responsibility of striking a balance between genuine judgments fraudulent judgements.” President Muhammadu Buhari, according to the AGF, has ordered “an investigation, directing agencies of government, including to look into the circumstances that led to the award.”

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Nigeria Owes More Than N150bn In Judgment Debt – MalamiNigeria Owes More Than N150bn In Judgment Debt – Malami And your proud to say it,chai it makes me cry when I hear things like this ,its so shame full that a country that God has blessed is owning such amount of money its sk disgraceful that this man will come out and say this I wip for Nigeria to me it's all over Allah ya kyauta No surprise such as this man will spend N150b to recover N150m, now he wants to keep the change.
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