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Nigeria News

Breaking: Reps Approve Buhari’s $22.7bn Loan Request

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Niger Republic People Will Defend Me If Nigerians Disturb Me - Buhari Makes Revelation Six Days Before Handing Over
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Three months after $22.7bn loan request by President Muhammadu Buhari was put on hold due to some challenges as reported, the House of Representatives of the Federal Republic of Nigeria has today June 2 given approval of the same.

The request was granted on Tuesday by the lawmakers during a plenary session after the committee on aids, loans, and debt management gave its report.

The Senate had previously announced its approval for the loan.

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Naija News recalls that the Nigerian  Minister of Finance, Mrs. Zainab Ahmed in March disclosed that the Federal Government has decided to postpone its $22.7 billion external borrowing plans due to current realities in the global economic landscape.

More details later…