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Buhari’s $22.7b foreign loan request approved by the Senate amid protest

Sunrise Times by Sunrise Times
March 5, 2020
in News, Politics
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I HAVE NO ‘THIRD TERM’ AGENDA, SAYS BUHARI
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The Senate Thursday approved PRESIDENT MUHAMMADU BUHARI’S request to borrow $22.7 billion despite objection from some Senators protest.

BUHARI, in 2019 had sent the loan request to the senate but was rejected by the Upper Legislative Chamber under the leadership of BUKOLA SARAKI.

However, during Thusday’s plenary, Senate Minority Leader, ENYINNAYA ABARIBE cautioned against considering all recommendations on the loan request at once.

ABARIBE stated that the Senate should consider the recommendations “item by item”, but his suggestion was dismissed by the Senate President, AHMAD LAWAN.

Following the disagreement, the senate went into an executive session where it was agreed that the loan be approved.

Tags: FEMI ADESINANASSSHEHU GARBA
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