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Buhari seeks Senate approval for fresh N2.3trn external loan

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This is coming barely a month after the Senate approved the sum of $1.5bn and €995 million external borrowings for the Federal Government..



The loans were part of the $5.5 billion and €995 million external borrowings Buhari had, in May 2020, asked the Red Chamber to approve to finance various priority projects of the federal government and to support the state governments facing fiscal challenges.

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