President Buhari Seeks Senate’s Approval For $5.5bn Foreign Loan

President Muhammadu Buhari has requested the approval of the Senate to take $5.5bn foreign loan for the execution of the 2017 budget.

The Senate president, Bukola Saraki read the President’s letter during plenary on Tuesday.

The letter dated October 4,this year was read a week after the Minister of Finance, Kemi Adeosun blamed the Senate for delaying the approval.

She claimed that the request has been hanging at the National Assembly.

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