Senate Okays Buhari’s ₦7.6tr External Loans
The loans were to finance critical infrastructural projects across the country EKO HOT BLOG reports that the Senate, on Wednesday, approved the federal government’s request to borrow $16.2 billion (about ₦6.651 trillion at ₦475/$ rate), €1bn (₦474.190bn) and a grant of $125 (₦51.3bn) under the 2018-2020 External Borrowing (Rolling) plan, totalling ₦7.635 trillion. The approval … Read more