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Nigeria: Buhari's $22.7bn Loan for Infrastructural Development - BMO
Vanguard, 8 March 2020
Buhari Media Organisation, BMO, Sunday, rose in defence of the $22.7bn loan approved by the Senate, saying the money would be channel towards bridging the nation's infrastructure… Read more »
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Nigeria: As Senate Approves Buhari's U.S.$22.7 Billion Request, Nigeria Could Service Chinese Loans Till 2040
Premium Times, 7 March 2020
The Senate on Thursday gave nod to the $22.7 billion loan request by President Muhammadu Buhari, bringing Nigeria's external debt stock to nearly US$50 billion, amid lawmakers and… Read more »
Uproar as Nigeria Govt's U.S.$22.7 Billion External Loan Approved
Nigeria's Senate has approved the U.S.$22.7 billion external loan proposal it received from President Muhammadu Buhari. The funds will be used to expand the railways, build a new hydro power dam and fund special intervention projects.
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Nigeria: Nigerians, PDP Kick Against Senate's Approval of $22.7bn Foreign Loan
Premium Times, 6 March 2020
The opposition Peoples Democratic Party (PDP) has berated the Senate for approving President Muhammadu Buhari's request for a fresh $22.7 billion loan. Read more »
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Nigeria: $22.7bn Loan - Senators Inflicting More Hardship On Nigerians - PDP
Daily Trust, 5 March 2020
The Peoples Democratic Party (PDP) has berated senators for approving President Muhammadu Buhari's request for a fresh $22.7 billion loan, saying the lawmakers have inflicted more… Read more »
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Nigeria: Senate Okays Govt's $22.7bn Loan Plan As Lawan, Abaribe Spar
Vanguard, 6 March 2020
The Senate yesterday approved the 2016-2018 External Borrowing Plan of $22.7 billion as requested by President Muhammadu Buhari to be spent by the Federal Government on the… Read more »
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Nigeria: Senate Approves Buhari's U.S.$22.7 Billion Loan Request
Premium Times, 5 March 2020
The Senate has approved a $22 billion external loan requested by President Muhammadu Buhari, following an executive session that lasted for over 40 minutes. Read more »
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Nigeria: Disagreement in Senate Over Buhari's Foreign Loan Request
Premium Times, 5 March 2020
The Senate has commenced deliberations on the $22 billion external borrowing request by President Muhammadu Buhari. Read more »
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Nigeria: Senate Approves Govt's $22.7bn Loan Request
This Day, 5 March 2020
The Senate on Thursday approved the $22.7 billion external loan request sent to it by President Muhammadu Buhari. Read more »
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Nigeria: Govt Lists Beneficiaries of $22.7bn Loan
This Day, 6 March 2020
A total of 34 projects are to be financed with the $22.7 billion external loan approved thursday for the federal government by the Senate. Read more »
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Nigeria: Govt Approves $2.571bn Loan Facility for Gas Pipeline
This Day, 5 March 2020
The federal government wednesday approved the issuance of $2.571 loan facility classified as a sovereign guarantee to fund what it described as engineering procurement and… Read more »
InFocus
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The government has said that the U.S.$22.7 billion requested by President Muhammadu Buhari in the external borrowing plan would be invested in infrastructure development. Some ... Read more »
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Zainab Ahmed, Minister of Finance, has said that in spite of Nigeria's huge external and domestic debt stock, Nigeria does not have a debt crisis, but rather has a revenue ... Read more »
