Tinubu seeks Reps’ approval to settle N269.45bn FG debts
President Bola Tinubu has asked the House of Representatives to approve the issuance of promissory notes worth N269.45bn to settle outstanding FG debts. Read More: https://punchng.com/tinubu-seeks-reps-approval-to-settle-n269-45bn-fg-debts/
President Bola Tinubu has requested the House of Representatives to approve the issuance of promissory notes amounting to N269.45 billion in order to settle outstanding financial obligations owed by the Federal Government. This proposal, outlined in a letter dated August 18, 2026, aims to provide a structured and fiscally responsible method for addressing the liabilities, while minimizing the immediate financial strain on the government's cash flow.
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