The Senate has 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, Muhammadu Buhari 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.
Details shortly….
One of the campaign coordinators of incumbent Governor Lucky Aiyedatiwa of Ondo State, Alaba Excel…
There was tension at Adebayo area of Ado-Ekiti, Ekiti State when a yet-to-be identified man…
Females around Ikorodu area of Lagos state has been warned to stay I indoor during…
Osun State residents are grappling with intensified fuel scarcity woes as shortages persist, disrupting daily…
Following the jailbreak at Suleja Medium Custodial Centre in the neighbouring Niger State, the Kwara…
The FCT Command of the Nigeria Security and Civil Defence Corps, NSCDC, arrested 111 suspected…
This website uses cookies.