Senate President, Bukola Saraki

$5.5 billion loan request by President Muhammadu Buhari has been approved by the senate on Tuesday.

Buhari in October had written to the Senate, asking for the approval of an External loan of $5.5 billion to enable the Federal government finance the 2017 budget.

Shehu Sani, Kaduna-APC presenting report of the Senate Committee on Local and Foreign Debts of the committee, said the projects listed for the loan would stimulate economic development and create direct and indirect jobs for Nigerians.

He added that the $2.5 billion will create more borrowing space for the private sector. Details soon

2nd Lawyers In Oil And Gas Conference...Register Now
2nd Lawyers In Oil And Gas Conference
Date : 20th to 21st of March, 2018 Venue: Eko Hotels and Suites, Lagos THEME : GAS TO POWERTHE ROLE OF THE 21ST CENTURY LAWYER 1000 Delegates Over 50 Speakers, 10 Sessions, 10 Award Categories, Registration fee N100,000 Account Details: Bromshy Communication Ltd. 0035391886 GTBank http://lawyersinoilandgas.com/ E-mail: info@lawyersinoilandgas.com, lawyersinoilandgas@gmail.com 08065201815, 08080940447, 08039493918 

Subscribe to Thenigerialawyer News!

LEAVE A REPLY