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Unanimously, Senates Approves Buhari’s $5.5Billion Loan Request

Unanimously, Senates Approves Buhari's $5.5Billion Loan Request

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Unanimously, Senates Approves Buhari’s $5.5Billion Loan Request

The Senate on today Tuesday unanimously approved President Muhammadu Buhari’s $5.513 billion external loan request to finance the revised 2020 budget.

The approval followed the presentation and consideration of the report of the Senate Committee on Local and Foreign Debts, Senator Clifford Odia (Edo Central) by the upper chamber.

Buhari has in his letter of request, said that the $5.513 billion external loans is to enable the Federal Government to fund the 2020 revised budget.

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