ALGON dissociates from $315.6m judgement debt

Stories by Vivian Okejeme Abuja Th e Association of Local Government of Nigeria (ALGON) has dissociated itself from over $315m judgement debt. Th e association, after it National Executive Council (NEC) meeting in Abuja also passed a vote of confi dence on the current executive under the leadership of Alhaji Ibrahim Ahmad Karaye, who is the National President of the association.

Justice Valentine Ashi of the High Court in the federal capital territory had in his judgement ordered the Central Bank of Nigeria (CBN) to pay $318, 807,950.696 to Riok Nigeria Limited and two legal practitioners. Riok was said to have executed some contracts for ALGON which were not paid for. But ALGON, through its National Secretary General/ Director of Legal Services, Barrister Evan Enekwe, described the contracts for which Riok Nigerian Limited got judgement in its favour as doubtful and unverifi ed. “

ALGON passes a vote of confi dence on the current executive under the leadership of Alhaji Ahmad Karaye, who is the National President of the Association. “ALGON expresses satisfaction and endorses the initiative and reconciliation of NEC and ALGON Board of Trustees (BOT). “ALGON hereby dissociate itself from all claims and doubtful contracts purportedly awarded for projects that are yet to be verifi ed; and consequently denies liability and direct NEC to take immediate steps. To appeal against all such judgements that constitute impediment on the release of external debts deductions refund to local government councils,” Enekwe said. Th e association also urged its President, Alhaji Karaye and his executive to pay solidarity visits to states and IDPs in the North-east geo-political zone aff ected by the Boko Haram insurgency

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