BREAKING: Senate approves Buhari’s $16bn, €1bn loans request - Waffi Tv

BREAKING: Senate approves Buhari’s $16bn, €1bn loans request

Waffi TVNovember 10, 2021

The Senate on Wednesday approved the sum of $16,230,077,718, €1,020,000,000 and a grant of $125,000,000 as foreign loans for the regime of the President, Major General Muhammadu Buhari (retd.), to fund its legacy projects.

The red chamber specifically approved the issuance of €500,000,000 from the Bank of Industries and €750,000,000 Eurobond in the International Capital Market.

It asked the President to forward the terms and conditions of the loan from the funding agencies to the National Assembly.

The Senate gave the approval following the consideration of the report of its Committee on Local and Foreign Debts, chaired by Senator Clifford Ordia.

Click https://bit.ly/3ihxAkl and download  the waffitv app to get daily update of trending News and happenings around  and watch thousands of free movies on all genres on the go

Categories

Leave a comment

Name *
Add a display name
Email *
Your email address will not be published
Website