Reps to budget N35bn for NAF's debt to construction firm

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The House of Representatives, on Tuesday, mandated its Committee on Appropriations to allocate the sum of N35.403bn in the 2023 budget to offset the liability of the Federal Government, on behalf of Nigerian Air Force Properties Limited, to Blue Boulevard Nigeria Limited for the construction of a shopping mall at NAF Base Port Harcourt, Rivers State.

The House upheld the recommendation urging the Federal Government to acquire the liability on behalf of the Nigerian Air Force and its establishment due to the collapse of agreements between the parties which ought to end in 2032.

Also, the House ordered Blue Boulevard Nigeria Limited, after it has been paid the sum of N35,402,725,622, to return subscribers’ funds in the sum of N1,275,867,611 to the Nigerian Air Force Properties Limited. The House also urged Blue Boulevard Nigeria Limited to approach the court to vacate all pending injunctions, including the Federal High Court judgment in Suit No. FHC/PH/FHR/71/2017, restraining the defendant from gaining access and taking possession of the shopping mall upon the receipt of N35,402,725,622.All rights reserved.

 

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For their own interest, useless old men

Money wey be say them no go use am do anything than to tiff am among them. Tueh. No be Naija we dey.

Hmm,this present government cane with the purpose of fighting corruption,instead they defined corruption by showing us first hand how it's done

Una no remember Asuu😕? Federal government abeg na 😢.

😯😯😲

WB asuu

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