Categories: Economy

‎Senate Rejects Kaduna’s $350m World Bank Loan Request

The Senate has rejected the request by the Kaduna State Government for a $350m loan request from the World Bank.

The rejection was based on the recommendation of the Senate Committee on Local and Foreign Debts and the three senators from the estate.

In the report, which was presented by chairman of the committee, Senator Shehu Sani, it was recommended that the facility be disapproved, as it would worsen the debt profile of the state.

Recent Posts

NSCDC Nabs 111 Suspects In 3 Months

The FCT Command of the Nigeria Security and Civil Defence Corps, NSCDC, arrested 111 suspected…

3 hours ago

Four Remanded For Obstruction Of EFCC Duty

Four persons have been arraigned by the Kaduna Zonal Command of the Economic and Financial…

6 hours ago

Rivers Saga: Fubara Knocks Wike, Says ‘I Won’t Govern On Bended Knees’

Governor Siminalayi Fubara of Rivers State has vowed that he would not rule the state…

6 hours ago

Two Dead, Others Injured In Osun Road Accident

No fewer than two people died while two others injured in a traffic collision that…

7 hours ago

Power Outage: Lamentations As Price Of Sachet Water Increases

Water sellers and sachet water distributors throughout Taraba State are experiencing a surge in business…

7 hours ago

Ondo 2024: Akinmurele Elected As YPP Governorship Candidate

  Ahead of the November 16 governorship election in Ondo State, members of the Young Progressives…

7 hours ago

This website uses cookies.