NEWS
Senate approves $2.2B loan for Nigeria
The Senate has approved President Bola Tinubu‘s $2.2 billion loan request, a significant move aimed at addressing the country’s financial needs.
The approval followed a thorough review by the Senate’s Committee on Local and Foreign Debt, chaired by Aliyu Wamakko, who presented a report to the upper legislative chamber.
Deputy Senate President Jibrin Barau praised the committee for its prompt action and comprehensive evaluation of the proposal.
This decision underscores the importance of securing funds to support the nation’s development initiatives.
