THE Nigerian government is making frantic attempts to ensure the payment of over N7.65 billion belonging to Nigerian businessmen who had some transactions with their counterparts in neighbouring Chad Republic but have been unable to obtain payment.
Some of the monies owed the businessmen dated back to as far back as 1982 and it includes about $6million lump sum paid by a new generation bank, which obtained a licence to open a branch in the country’s capital but could not proceed with the plan because of the banking reforms in Nigeria.
Nigeria’s Ambassador to Chad Republic, Abdulahi Omaki, who disclosed this in a chat with newsmen in his office, said the Nigerian government was worried because even though the Chadian government had agreed to pay in instalments, not much progress had been made.
According to him, “The aspect that worries the embassy is the fact that a few of Nigerian business people have been receiving bad treatment in terms of getting full value for the level of cooperation if they have contractual agreement with some companies or they have done some businesses together with some of the Chadian companies.
“We have some cases that have been pending since 1982 when Nigerian companies did some supplies for the Chadian government. Payment has not been made up till today.
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