Senate approves Buhari’s $6.1bn loan request | The Guardian Nigeria News - Nigeria and World News

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Nigeria Senate on Wednesday approved a $6.1 billion loan request by President Muhammadu Buhari. The $6.1 billion loan request, which is equivalent to about N2.343 trillion, was approved after the Senate considered the report of the Senate Committee on Local and Foreign Debts. The Senate resolution followed the approval of its Committee on Local and […]

The $6.1 billion loan request, which is equivalent to about N2.343 trillion, was approved after the Senate considered the report of the Senate Committee on Local and Foreign Debts.

The External Borrowing of N2,343,387,942,848, according to the panel, should be for the financing of part of the deficit authorised in the 2021 Appropriation Act. He also disclosed that the National Assembly already approved the borrowing of N4.6 trillion in the 2021 Appropriation Act. And that the new borrowing of N2.3 trillion will part-finance the deficit in the 2021 budget.

 

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Using naija future to gather enough debt to embezzle and won't be alive to see generations suffer for it

Mr rubber has done it again.

That's about the only thing this NASS does every month. Getting their salaries matters more to them than doing their job.

Na foolish people go give them

Continue.... 200 million mumu 😭😭💦

Ogbele oooo. Another cash out for the Fulanis. Every month, there must be loan request and nothing to show for it.

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