debt of N70billion owed by Jimoh Ibrahim Archives

See What Each State In Nigeria Is Owing

March 24, 2021 0

Nigeria’s 36 states and the Federal Capital Territory as at 31st December 2020 have accumulated a total of $4,773,631,955.06, the Debt Management Office has published. According to the chat, Lagos State accumulated the highest debt which stood at $1.3bn while Taraba State recorded the least which stood at $20.7m. Meanwhile the Federal Government as at same date owed a whopping …

AMCON Heads To Appeal Court Over Suspension Lifting On Jimoh Ibrahim Assets

February 25, 2021 0

In a bid to recover the huge debt of nearly N70billion owed it by businessman Jimoh Ibrahim, the Asset Management Corporation of Nigeria (AMCON) has filed a Notice of Appeal at the Court of Appeal, Abuja Judicial Division following Justice Okon Abang’s ruling of Tuesday February 22, 2021, which was unsatisfactory to the appellants.