 |
| Nigerian Senate |
The Nigerian Senate
Tuesday declined to sanction President Muhammadu Buhari’s request to borrow
about US$30 billion.
The
Guardian Nigeria report continues:
The
president had on October 26, 2016, forwarded the request to the National
Assembly to approve external borrowing plan of US$29.960 billion to execute key
infrastructural projects across the country between 2016 and 2018.
He
also requested for virement of ₦180.8 billion in the 2016 budget for provision
of needed votes for some critical sectors across the 36 states of the
federation and the FCT.
Buhari made the requests in two separate letters to the President of the Senate, Dr Bukola Saraki, and Speaker of the House of Representatives, Mr Yakubu Dogara, which were read on the floor of both chambers.
No comments:
Post a Comment