BREAKING: Senate Gives Accelerated Approval For Buhari’s Fresh Loan Of N850 Billion

The Senate has just agreed to give speedy approval to President Muhammadu Buhari’s request to raise a fresh loan of N850 billion from the domestic capital market to fund projects of the 2020 budget.

This approval was given right after the President of the Senate, Senator Ahmad Lawan had read a letter the President of the federation, seeking for approval for a fresh loan of N850 Billion from the Domestic Capital Market.

The upper chamber had also instructed it’s Finance and Appropriation Committees to link with the Finance Minister to get more details of this requested loan.