Just in: Nigerian government Yet To Settle N150 Billion Judgement Debt – AGF

Abubakar Malami, the Attorney General of the Federation, has said Nigeria is owing over N150 billion in judgement debt.

Mr Malami disclosed this while speaking on Channels Television Newsnight on Monday.

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.

The judgment creditor (any person/group/government for the time being entitled to enforce a judgment) and the judgement debtor (a person/group/government liable under 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”.

To read full article – http://v.duta.us/PUiY4gAA

Source duda

Published by Mainnews.blog

MainNews.blog provides the best and latest news, events and entertainments. You can also promote your Business products, videos, music, sponsored links and place your adverts

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: