President Muhammadu Buhari is seeking the approval of the National Assembly to borrow a fresh $4,054,476,863 and €710 million, in an addendum to the 2018-2020 borrowing plan. The President also asked the 9th Assembly to approve grant components of $125 million. The request was in a letter read by Senate President Ahmad Lawan on the floor of the upper legislative chamber, yesterday. Recall that in July, the National Assembly approved the sums of $8.3 billion and €490 million loans contained in the initial 2018-2020 borrowing plan. However, in the letter,…
Read MoreBuhari seeks NASS approval to borrow extra $4bn, €710m
