Reps to budget N35bn for NAF’s debt to construction firm

House of Reps

The House of Representatives, on Tuesday, mandated its Committee on Appropriations to allocate the sum of N35.403bn in the 2023 budget to offset the liability of the Federal Government, on behalf of Nigerian Air Force Properties Limited, to Blue Boulevard Nigeria Limited for the construction of a shopping mall at NAF Base Port Harcourt, Rivers State.

The House considered and adopted the report by its joint Committees on Air Force and Justice, chaired by Shehu Mohammed Koko, in which the recommendation was made.

The committees had investigated the alleged use of excessive force and abuse of due process by the Nigerian Air Force against the Blue Boulevard Limited.

The House upheld the recommendation urging the Federal Government to acquire the liability on behalf of the Nigerian Air Force and its establishment due to the collapse of agreements between the parties which ought to end in 2032.


Also, the House ordered Blue Boulevard Nigeria Limited, after it has been paid the sum of N35,402,725,622, to return subscribers’ funds in the sum of N1,275,867,611 to the Nigerian Air Force Properties Limited.

The House also urged Blue Boulevard Nigeria Limited to approach the court(s) to vacate all pending injunctions, including the Federal High Court judgment in Suit No. FHC/PH/FHR/71/2017, restraining the defendant from gaining access and taking possession of the shopping mall upon the receipt of N35,402,725,622.


Share your story or advertise with us: Whatsapp: +2347068606071, 2348053062268, Email: [email protected]

--Recommended Articles--