Buhari begs Senate to approve new N2.342trillon external loan

President Muhammadu Buhari has sent a request to the Senate seeking to borrow another N2.342 trillion.

President Muhammadu Buhari has requested approval from the senate for a new loan of N2.343,387,942,848.00.

The request was made on Tuesday.

He urged the Senate to approve a new external loan of N2,343,387,942,848.00, about $6.183billion, for the Federal Government to finance the 2021 budget deficit.

Senate President Ahmad Lawan read Buhari’s letter of request on the floor of the Senate at plenary.

Kindly share this story

Similar Posts

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.