Following the Federal Government’s proposal to borrow a humongous amount from international money lenders, the Senate has revealed its disposition about the development.
The Nigerian Senate has rejected President Muhammadu Buhari’s external borrowing plan of $30bn for the execution of projects from 2016 to 2018.
The nays had it when the borrowing plan was put to a vote on the floor of the chamber during the plenary on Tuesday.
The borrowing plan was not debated at all.
More details later…
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TAGS: Federal Government, President Muhammadu Buhari
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