Buhari Writes National Assembly, Seeks Approval To Borrow $30bn Abroad

Buhari Writes National Assembly, Seeks Approval To Borrow $30bn Abroad

Muhammadu Buhari has written to the to consider and approve his plans to borrow $30 billion abroad.

The President, Ahmed Lawan, read the letter at the plenary on Thursday.

Buhari requests the to consider and approve the Federal Government 2016, 2018 external borrowing plan.

Recall that a similar request was rejected by the Saraki led eight assembly.

Then, the requested to borrow the $30 billion abroad for infrastructure projects and budget support until 2018.

details later…

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