2020 budget: Senate gives accelerated approval for Buhari’s N850bn loan request



The Senate, at its resumed session on Tuesday, gave Muhammadu Buhari’s request, accelerated approval secure a fresh loan of N850 billion fund some projects in the 2020 budget.

In the request contained in a letter read by the of the Senate, , Buhari sought raise the loan from domestic capital market, in order the projects.

The lawmakers, having gave accelerated approval the request, mandated the Senate Committees on and Appropriation, to liaise the Minister of , Budget, and National Planning, Ahmed, for more details on the loan request.

Earlier at the resumed plenary, the of the Senate, said the reason for the resumption of plenary amid the rising cases of COVID-19 in Nigeria, was to sustain solutions to the health crisis and ensure the crisis does create more problems for the government and its people.