President Muhammadu Buhari has written the Senate to approve a new external loan of $6.183billion for the Federal Government to finance the 2021 budget deficit.
Senate President Ahmad Lawan read Buhari’s letter of request on the floor of the Senate at plenary on Tuesday.
The letter requests for a resolution of the National Assembly for the implementation of the external borrowing of $2.18 billion in the 2021 Appropriations Act, among others.
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