Tags : Foreign Loan

Senate Plans Public Hearing On Buhari’s $29 Billion Loan Request

The Senate has said it will seek the opinion of stakeholders on the foreign loan borrowing plans of the President, Major General Muhammadu Buhari (retd.). The 8th National Assembly had rejected the President’s proposed borrowing of $29.96 billion because the proposal was not accompanied by expenditure details and President Buhari presented the request again to […]

Senate Justifies Spending Huge Sums To Service Foreign Loans

The huge budgetary provisions to service foreign loans by the Buhari regime were in order. The Chairman, Senate Committee on Finance, Senator Solomon Adeola, in an interview in Abuja said, “Every successive Government borrows, and since the business of government is a continuum, any incoming government would have to inherit what the past administrations had […]