President Buhari’s N850bn loan has been approved by the Senate. They senate adjourned indefinitely after their seating today. The president appealed to the senate through a letter to approve the loans. According to him, the loan is to be used to finance some 2020 projects.
Buhari’s N850bn Loan Approved By Senate as They Adjourn Indefinitely
The president seeks to raise the loan from the domestic market to ensure adequate funds to finance the projects in the budget.
The letter of request received accelerated attention and approval from the lawmakers. The senate adjourned plenary seatings indefinitely after today’s meeting.
More details soon.
Buhari’s N850bn Loan Approved By Senate as They Adjourn Indefinitely