The Senate has approved President Bola Tinubu’s request regarding the 2022-2024 external borrowing rolling plan, totalling $7.4 billion and €100 million.
Senate approves Tinubu s request to borrow $7 4 billion, €100 million politicsnigeria.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from politicsnigeria.com Daily Mail and Mail on Sunday newspapers.
President Bola Tinubu has sought Senate approval to convert N7.3trillion balance of ways and means of revenue in Nigeria’s Consolidated Revenue Fund (CRF) into federal assets. The president's request is strikingly against the recommendation of his special investigator on the Central Bank of Nigeria, Jim Obazee, who had said the balance was dubiously and illegally incurred and should be reassessed before Senate authorisation.