President Muhammadu Buhari has written to the National Assembly, seeking approval to borrow the sum of 4billion dollars and 710 million euros.
The request was made known in a letter read by Senate President Ahmad Lawan at plenary.
In the letter titled Addendum to Request For Senate’s Concurrent Approval Of Multilateral Fund Projects Under the 2018-2021 Federal Government External Borrowing (Rolling) Plan, President Buhari explained that owing to “emerging needs”, there is a need to raise more funds for some “critical projects”.
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