The Senate today lead by the NASS President Ahmad Lawan approved the $5,513,000,000 external loan request submitted by the President Muhammadu Buhari last week Thursday.
S.President Ahmad Lawan read a letter which came along with the loan request last week, he requested that the Committee on local and foreign debts work on the documents
Buhari had said the loan request would enable his regime to fund the revised 2020 budget following the dwindling oil revenue occasioned by the effects of the COVID-19 pandemic.
The Chairman of the Committee on Local and Foreign Debts, Senator Clifford Ordia, read the report of his panel which was approved by the Senate.
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