President of the Senate, Ahmad Lawan, has revealed that the 9th Senate will approve President Muhammadu Buhari’s $29.9 billion loan request.
According to Lawan, “The question of whether we will pass the loan request of the Executive arm of Government, yes, we will pass it.
“If we don’t have money and you have projects to build them, how will you provide infrastructure that you need?
“But one thing is that we are going to be critical that every cent that is borrowed is tied to a project.
“These are projects that will have spillover effects on the economy and we will undertake our oversight so well to ensure that such funds are properly, prudently, economically and transparently are applied on those projects.”