, the Senate on Tuesday approved the $5.513 billion loan request of the president.
However, due to the sketchy details, the Senate withheld its approval until the lawmakers were better informed. “Such impact has affected the revenue generation plan of the government, leaving it with a larger deficit than envisaged,” he said. On his part, Tolu Odebiyi said the loans were needed because the budgetary implementation over time has been low.
The approved loans are now subject to the concurrence of the House of Representatives, which, on Tuesday, passed the $22.7 billion loan earlier approved by the Senate.
N26.2 trillion in debt. And we are still borrowing to finance priority projects. I hope we don't start borrowing to pay salaries.
Dear Nigerians, why are y'all mortgaging the future of the younger generations? Sad!
Chaayee
Rubber Stamp senate
WTF!
Chai... This rubber stamp Senate sef.. you are all collaborating the presidency to keep Nigeria in the gutter of beggerly nations
As expected🤦♂️
I miss Saraki...
Before our very eyes is going going gone.
As expected
Lord!!! 🙆🙆 we re dead 🙆🙆
Let the looting begin
Nigeria is finished🚶
Rubber stamp Senate. Tueh
Sinzu Money!!!!
The principles of check and balances are irrecoverably lost, when the legislative power is nominated by the executive. The present nassnigeria under the leadership of DrAhmadLawan don't ask questions, they just approve. A clear scenerios of scratch my back, I scratch yours.N37B
More requests are still coming... this is just 6yrs
Lol y’all are blaming only buhari of course the senate are going to share out of that money too! Infact they are our major problem if they don’t approve they can’t borrow! But they are benefiting too!..may God punish the people that want to ruin Nigeria
What do you expect from a clueless tyrant and corrupt government; and her wife, the weak and corrupt RUBBERSTAMP Stealnate? I believe that, by the time these people are done with us, Nigeria will be empty and in extreme debt. These ar the ones that call themselves 'the Saints.'
Mr President don sold us out be dat😂
When we have a rubber stamp senate president
All unnecessary loan Saraki let Senate rejected has been approved by rubber stamp Senate, prosperity
I follow back immediately
Stop Raping the Future of the Young Generation.
Loans everywhere. Left, right and center.
Another Cashing out loading 60% DokunOjomo
Davelots Sinzu money and Rubber stamp Senate!
OK
It is finished....
SHIT!!!! ITT
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