The Senate has approved President Bola Tinubu’s loan request of $2.2 billion.
The Senate gave the approval on Thursday, November 21, following the review of a report presented by the Chairman of the Committee on Local and Foreign Debt, Aliyu Wamakko.
The amount approved translates to ₦1.7 trillion at an exchange rate of N800 per dollar, and is expected to cover the N9.1 trillion shortfall in the 2024 budget.
President Bola Ahmed Tinubu has directed the Economic and Financial Crimes Commission (EFCC) to immediately approach the court to vacate...
Read moreDetails
MetrowatchXtra is an online daily newspaper poised to act as a catalyst in our debate and desire for well-governed Nigeria and provide the much-needed platform for all, irrespective of social, religious or political divide, to express their views.
Metrowatchxtra Nigeria
