Buhari asks Senate to approve N2.3t external borrowing

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President Muhammadu Buhari has asked Senate to approve foreign loan of N2.3 trillion ($6.1bn).

According to Buhari,  the loan will enable the Federal government to fund critical infrastructure in the 2021 budget

This is coming less than one month after the Senate approved £995 million and $1.5 billion in borrowing.

The Senate President, Senator Ahmad Lawan announced Buhari’s request in a letter submitted to the Senate.

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