President Muhammadu Buhari has written to the House of Representatives, seeking the approval of a fresh $5.513bn loan.
Speaker of the House of Representatives, Femi Gbajabiamila, read the letter at plenary on Thursday.
The President in his letter said the loan was to finance the 2020 budget deficit, finance critical projects of the State and Federal Government.
Senate President, Ahmed Lawan also read a similar letter during plenary on Thursday.
The President further presented a revised 2020 Appropriation Bill and the 2020-2022 Medium Term Expenditure Framework and Fiscal Strategy Paper to the National Assembly.
Earlier in May, the House had given approval to the President to borrow N850 billion for the government.
The Senate gave the approval of the said amount in April.
The Lagos State Traffic Management Authority (LASTMA) said the pedestrian was waiting to board a bus.
A field of 96 players will compete at Shadow Creek in Las Vegas as the…
Six police officers were gruesomely murdered in Ohoro Forest, Ughelli North Local Government Area of Delta…
The presidential candidate of the African Action Congress (AAC) Omoyele Sowore has faulted the attitude…
FIRS had posted the Easter message on its social media platforms showing a point of…
MotoGP said in a statement that Liberty Media would acquire an "approximately 86 per cent"…