External Borrowing - Aproko247 Magazine

Tags: External Borrowing

Senate Receives Buhari’s Fresh Request to Borrow $4.054bn, €710m, $125m

Aproko247 September 15, 2021 0 Comment Ahmad Lawan, External Borrowing, president buhari, sEnate

The Senate has received a formal request from President Muhammadu Buhari to consider and approve an external loan to fund projects captured under the 2018-2021 borrowing plan. The letter dated 24th August, 2021 was read during plenary by the Senate President, Ahmad Lawan. Buhari in the letter explained that the projects listed in the 2018-2021…

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Senate Approves President Buhari’s Request For $8.325b, €490m External Loans

Aproko247 July 16, 2021 0 Comment External Borrowing, President Muhammadu Buhari, sEnate, world bank

The Senate on Thursday approved President Muhammadu Buhari’s request for ongoing external loans to the tune of $8,325,526,537 (USD) and €490,000,000 (Euros) under the 2018-2020 External Borrowing (Rolling) Plan. The approval followed the consideration of a report on the 2018-2020 External Borrowing (Rolling) Plan by the Committee on Local and Foreign Debt. Chairman of the…

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