The House of Senate has approved President Muhammadu Buhari’s $22,798,446,773.00 external loan request on Wednesday.
The President had requested for the loan to fund critical infrastructure projects under the 2016 – 2018 External Borrowing Plan.
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The request was rejected in 2019 when the president sent it in by the senate under the previous senate president, Bukola Saraki.
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This is coming after Nigeria became the biggest economy in Africa after South Africa went into a recession.
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