The House of Representatives has decided to launch an inquiry into the substantial judgment debt of N226,281,801,881.64 incurred by Ministries, Departments, and Agencies (MDAs) of the government. This resolution was made after adopting a motion emphasizing the importance of promptly addressing these high-priority judgment debts through the issuance of promissory notes, which was presented by Hon.
Lanre Okunlola during yesterday's plenary session. Okunlola stressed the need for responsible and transparent handling of these debts to safeguard the government's financial stability and reputation. Additionally, the House called on the Standard Organisation of Nigeria (SON) to combat the proliferation of substandard steel production in the country and urged the Federal Competition and Consumer Protection Commission (FCCPC) to enforce regulations against hazardous and substandard products in the market.
These resolutions followed a motion presented by Hon. Aluko Ahmed Yinka regarding the alarming rate of building collapses, often attributed to the use of substandard steel products.