Breaking: Senate okays Buhari’s request to borrow $5.5bn to finance 2017 budget
$5.5 billion loan request by President Muhammadu Buhari has been approved by the senate on Tuesday.
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.
The post Breaking: Senate okays Buhari’s request to borrow $5.5bn to finance 2017 budget appeared first on Vanguard News.
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