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FG settles N65bn debt owed fertiliser suppliers

The Federal Government has decried the inability of the previous administration to settle the outstanding N65 billion fertiliser debt owed to suppliers of the commodity.…

The Federal Government has decried the inability of the previous administration to settle the outstanding N65 billion fertiliser debt owed to suppliers of the commodity.
This is contained in a statement issued by Malam Garba Shehu, the Senior Special Assistant on Media and Publicity to the President in Abuja on Monday.
Shehu said it was wrong for the government to purchase fertilisers worth N65 billion since 2014 and left the bill unpaid.
He, however, said that the Federal Government had to pay off the debt so that the suppliers could begin to supply fertilisers again.
The presidential aide attributed the current food crisis in the country to some of the unpopular policies of the past administrations.
According to him, the current pain is due to the mismanagement of the past and that what Nigeria is currently experiencing was inevitable. (NAN)

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