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Nairaland Forum / Nairaland / General / Politics / Foreign Debt To Top $51bn As Tinubu Seeks Fresh $7.8bn, €100m Loans (112 Views)
$51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, / Foreign Debt To Top $51bn As Tinubu Seeks Fresh $7.8bn, €100m Loans / Tinubu Seeks Senate Approval Of $7.8bn, $100m 2022-2024 Borrowing Plan (2) (3) (4)
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Foreign Debt To Top $51bn As Tinubu Seeks Fresh $7.8bn, €100m Loans by adahmiracle: 9:34am On Nov 02, 2023 |
Tinubu’s letter reads: “The Senate may wish to note that the past administration approved the 2022 – 2024 borrowing plan at the Federal Executive Council which was held on the 15th day of May 2023. “The projects cut across all sectors with specific emphasis on infrastructure, agriculture, health, education, water supply, security and employment as well as financial management reforms, among others. “The facility of the projects and programmes under the borrowing plan is $7,864,508,559 dollars and then in Euro 100 million euros respectively. “Consequently, the required approval is in the sum of $7,864,508,559 dollars and in terms of euro, 1000 million euros. “I would like to underscor...... https://globalinfo247.com/foreign-debt-to-top-51bn-as-tinubu-seeks-fresh-7-8bn-e100m-loans/
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