President Muhammadu Buhari has approved the payment of a controversial $418million in Paris Club refund-related judgment debts to six creditors, ignoring the Nigerian governors’ objection to the legitimacy of the claims.
The debts had accrued from court judgments awarding the creditors, as “consultants” and “contractors,” various sums of money amounting to about $418million. PREMIUM TIMES had in series of exclusive reports exposed wide-ranging legitimacy issues, including non-execution of agreed contracts and backdoor deals raised against the indebtedness from various quarters.
In February, the National Executive Council , led by Vice-President Yemi Osinbajo, and has the 36 states governors, and some other top federal government officials, as members, also threw its weight behind the NGF’s demand for a suspension of the planned payments for a forensic audit to be done.
What is that thing Pa ikhide says about Nigeria? Well, most of the super rich are a creation of the rotten system, and should be rotting in jail, if we had a working system.
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