After it
submitted a request on 2018-2020 borrowing plan for the approval of the Senate
in May 2021, the presidency has written to the Nigerian Senate seeking approval
for $4 billion and €710 million external loans. It says this is in view of
other emerging needs and to ensure that all critical projects approved by FEC
as of June 2021 are incorporated. The letter from President Muhammadu Buhari
was addressed to Senate President Ahmad
Lawan and was read at the plenary today, Tuesday September 14.
Read more details at Daily Trust.
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