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Buhari Begs Senate To Approve New N2.342trillon External Loan

President Muhammadu Buhari

President Muhammadu Buhari

 

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.

 

Details shortly….

 

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