Nigerian President Halts The Payment Of $418 Million To Paris Club Refund

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President Muhammadu Buhari has placed the controversial payment of $418 million to consultants over the Paris Club refund on hold.

He has instructed the Ministry of Finance on Thursday to ask  the Debt Management Office (DMO), which was supposed to pay in form of promissory notes, to stay action “until all the cases are exhausted” despite directing the payment initially.

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