Buhari Seeks Review, Approval Of 2016-2018 External Borrowing Plan

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Buhari Seeks Review, Approval Of 2016-2018 External Borrowing Plan.

President Muhammadu Buhari has asked the National Assembly to review and approve the 2016-2018 External Borrowing Plan.

He made the request in letters forwarded to the Legislative and read on Thursday on the floors of both chambers of the National Assembly in Abuja. In the letters, the President explained that the request was for specific outstanding projects under the 2016-2018 borrowing plan. The President of the Senate, Ahmed Lawan, read the letter to lawmakers present in the Senate chamber.

He also read another letter from the President on the transmission of the Companies and Allied Matters Bill, 2019 for its consideration and passage by the Senate.

 

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Buhari Seeks Senate's Approval for 2016-2018 $30bn External Borrowing Plan - THISDAYLIVEBy Deji Elumoye President Muhammadu Buhari has re-presented the 2016-2018 $30 billion External Borrowing Plan of the federal government to the Senate for approval. The plan, approved by the Federal Executive Council (FEC) in August, 2016 and sent to the Senate in November 2016, was however rejected by the eighth Senate. The president has, therefore, … Again!
Source: THISDAY LIVE - 🏆 14. / 51 Read more »