Monday, April 13, 2026
Economy

Senate Approves N10 Billion Loan For Kogi

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The Senate on Wednesday has approved the payment of  N10 bilion to Kogi state to settle debts incurred from projects executed on behalf of the federal government.

The opposition senators however kicked against the approval of the loan questioning the timing of the loan but it was eventually approved by the senate.

Minority Leader Senator Enyinaya Abaribe who spoke on behalf of the opposition lawmakers asked the Senate to delay the approval until next week.

But Senate President Ahmed Lawan disagreed saying the loan request for Kogi state came in the 8th assembly and has been delayed enough.