Senate okays Buhari’s $16b, €1b loan requests

The Nigerian senate has approved $16,230,077,718 and €1,020,000,000 loans requested by President Muhammadu Buhari, according to TheCable.

The president had made the request for the facilities in an addendum to the 2018-2020 borrowing plan in September.

The upper legislative chamber also approved grant components of $125 million.

The president had made the request for the facilities in an addendum to the 2018-2020 borrowing plan in September.

Credit: THE CABLE

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