Senate approves Buhari’s $5bn loan request

Senate approves Buhari’s $5bn loan request

SENATE, yesterday, approved the request of President Muhammadu Buhari to borrow $5.5 billion made up $2.5 billion to fund the 2017 budget and another $3 billion to re-finance the nation’s domestic loan. This is despite the rapid increase in the nation’s debt profile which amounted to N19.6 trillion as at June 30. Some senators called […]
Source: Senate approves Buhari’s $5bn loan request

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post culled from nigerianpilot.com