Thursday, May 19, 2022
SK's News Blog
  • Breaking News
  • Nigeria
  • Opinions and Editorials
  • Covid-19
  • Economy
  • Elections
  • Politics
No Result
View All Result
  • Breaking News
  • Nigeria
  • Opinions and Editorials
  • Covid-19
  • Economy
  • Elections
  • Politics
No Result
View All Result
SK's News Blog
No Result
View All Result

Senate approves Buhari’s $16bn, €1bn loan request to fund “legacy projects”

6 months ago
in Economy, General News, Special Appeals
images 37

The Ahmed Lawan led Senate has approved President Muhammadu Buhari’s request for the sum of $16,230,077,718, €1,020,000,000 and a grant of $125,000,000 as foreign loans to fund legacy projects.

The Senate gave it’s nod to the President’s loan request after due consideration of the Senator Clifford Ordia led Committee on Local and Foreign Debts report.

It however asked the President to forward the terms and conditions of the loans from the funding agencies to the National Assembly.

The World Bank, African Development Bank and the French Development Agency (AFD) are among the funding agencies.

President Buhari had said the loans would stimulate the economy and create jobs.

Pass It On:

  • Twitter
  • Facebook
  • WhatsApp
  • Telegram
  • Email

Like this:

Like Loading...

Related

Tags: Ahmed LawanForeign LoansPresident BuhariSenate
Share6Tweet4
Next Post
images 38

We can't demolish the other two structures without due directives - Gbenga Omotosho

Lets us know what you think Cancel reply

0 Comments
Inline Feedbacks
View all comments
SK's News Blog

© 2020 SK's Blog - All Rights Reserved.

Navigate Site

Follow Us

Social icon element need JNews Essential plugin to be activated.
No Result
View All Result
  • Breaking News
  • Nigeria
  • Opinions and Editorials
  • Covid-19
  • Economy
  • Elections
  • Politics

© 2020 SK's Blog - All Rights Reserved.

wpDiscuz
0
0
Would love your thoughts, please comment.x
()
x
| Reply
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.
%d bloggers like this: