Rita Odafe
On Thursday, November 21, the Senate approved a significant loan proposal after evaluating a report from Aliyu Wamakko, the Chairman of the Committee on Local and Foreign Debt.
The Senate has sanctioned a $2.2 billion loan request from President Bola Tinubu.
This decision was made on Thursday, November 21, after the Senate reviewed the report by Aliyu Wamakko.
The approved funds, approximately ₦1.7 trillion based on an exchange rate of N800 per dollar, are aimed at addressing the ₦9.1 trillion deficit in the 2024 budget.
