The Nigerian senate has asked the federal government to prioritise the settlement of incurred debts through the issuance of promissory notes for the settlement of outstanding reimbursement debts to states, and other debt liabilities incurred by the ministry department and agencies.
The resolution adopted during today’s plenary, follows the submission of a report of the committee on local and foreign debts on the promissory notes Programme, for the refund to the Kebbi and Nasarawa state governments on the newly constructed airport projects executed on behalf of the federal government.
Meanwhile, the senate says it has approved the promissory note programme to settle outstanding claims and liabilities of Kebbi and Nasarrawa state governments, as requested by President Bola Tinubu.