Senate Approves Buhari’s $16bn, €1bn External Loan Request

Nigerian senator has approved President Muhammadu Buhari $17bn, €1bn external loan.

The loan was approved on Wednesday 10tj of November 2021 during the pleanry seasons.

The said loans is an External Borrowing (Rolling) plan for the Federal Government to the tune of $16,230,077,718, €1,020,000,000 and a grant component of $125,000,000.00 under the 2018-2020 External Borrowing (Rolling) plan” for the Federal Government.

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