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Debt or Tea Management Office?  How Debt Management Office wasted N26.2m on tea

by Leading Reporters
Debt or Tea Management Office? How Debt Management Office wasted N26.2m on tea

The Patience Oniha-Debt Management Office (DMO) has escalated its frivolous spending, this time on tea. According to insider information exclusively obtained by LeadingReporters, the DMO management has wasted a staggering N26,231,612 (Twenty Six Million, Two Hundred and Thirty One Thousand, Six Hundred and Twelve Naira) ‘drinking’ tea.

This new spending spree throws up the issue of morality in leadership.  One may thus ask if the Nigeria’s Debt Management office is truly managing Nigeria’s debt or incurring more debts for the country through its tea extravaganzas and tea-menias.

The information revealed that the Debt Management Office on the 15th of August, 2024 paid the sum of N26,231,612 to three vendors for supply the office tea.  On the said date, Franjesica Nigeria Limited was paid the sum of N8,743,786 via payment code 1001204431-42 for supply of tea, while Fesuch Nigeria Limited was paid the sum of N8,744,115 for supply of tea on the same 15th of August, 2024.

Information obtained further revealed that on the same 15th of August, another monstrous sum of N8,743,711.89 was paid for supply of tea to Keyless Nigeria Ltd via payment No 1001205531-38, bringing the total of money spent on tea and paid on the same day to N26,231,612.

This outrageous and unsubstantiated spending will stir the question of morality for a government agency saddled with the responsibility of management Nigeria’s debt.

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