Categories: BREAKING NEWSPOLITICS

Senate Okays $16.23bn, €1.02bn Loans, $125m Grant For FG

The Senate on Wednesday approved $16,230,077,718, €1,020,000,000 and a grant component of $125,000,000.00 under the 2018-2020 External Borrowing (Rolling) plan” for the Federal Government.

This followed the consideration of the report of the Senate Committee on Local and Foreign Debts by Senate.

The report was presented by the Chairman of the Committee, Senator Clifford Ordia, at plenary.

Sponsored

The recommendation of the Committee: “That the Senate do approve the under listed ongoing negotiation of external borrowing in the sum of $16,230,077,718, €1,020,000,000.00 and a grant component of $125,000,000.00 under the 2018-2020 External Borrowing (Rolling) Plan” was approved by Senators when it was put to voice vote by Senate President Ahmad Lawan at plenary.

SPONSORED
ABN TV EDITOR

ABN TV is one of the most visited news platform across Nigeria and the world over. It has carved a niche for itself in delivering authentic, accurate news.

Recent Posts

Four Nigerians Jailed In UK Over Knife Fight

Four Nigerian students who participated in a violent altercation in Leicester that involved knives and…

12 hours ago

Deputy Speaker, Kalu Condemns Attack On Rep. Onwusibe’s Convoy In Abia

Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Okezie Kalu, has strongly condemned…

14 hours ago

Adebutu Released From DSS Custody, Says Allegations Baseless

Ladi Adebutu, a former Peoples Democratic Party candidate for governor of Ogun State, has been…

15 hours ago

HalimaFactor Advocates Increased Awareness to Tackle Climate Change

An education, health, environmental and entrepreneurship-centred non-governmental organisation, HalimaFactor Community Initiative, has called for more…

16 hours ago

International Students Now Permitted To Work 24 Hours In Canada

In Canada, eligible international students are now allowed to work twenty to twenty-four hours a…

17 hours ago

FG Initiates Mpox Vaccination In Seven States

The Federal Ministry of Health and Social Welfare, through the National Primary Health Care Development…

17 hours ago