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BREAKING: Senate approves FG $16.23bn, €1.02bn, $125m loans

By Abolaji Ayodeji
The Senate has approved the sum of $16,230,077,718, €1,020,000,000 and a grant component of $125,000,000.00 for the Federal Government.

This is following the consideration of the report of the Senate Committee on Local and Foreign Debts by the Senate report presented by the Chairman of the Committee, Senator Clifford Ordia, at plenary.

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The loans were approved by Senators when it was put to a voice vote by Senate President Ahmad Lawan at plenary

Lawan then asked the President to forward the terms and conditions of the loan from the funding agencies to the National Assembly.

 

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