Tag: Loan
Again, Tinubu goes cap in hand to NASS for fresh N1.150trn loan approval, 6 days after securing $2.3bn external borrowing approval
President Bola Tinubu has asked the Senate to approve a fresh N1.150 trillion loan programme as part of the resources to fund Nigeria’s 2025 budget.
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Again, senate approves Tinubu’s loan plan of $21bn
The senate has approved President Bola Tinubu’s external borrowing plan of over $21 billion for the 2025–2026 fiscal cycle, paving the way for the ful [...]
Tinubu’s loans bone-crushing to Nigerians, country sinking further into debts – Atiku
Atiku Abubakar, the 2023 presidential candidate of the Peoples Democratic Party, PDP, has characterised the loans taken by President Bola Tinubu as bu [...]
Tinubu’s renege on promise not to borrow, takes $4.1bn loan in one year
On August 9, 2024, President Bola Ahmed Tinubu inaugurated a tax committee with mandate to raise revenue because his government inherited a ‘bad gover [...]
Again, House of Reps approves N1trn loan for Buhari
The house of representatives has approved the request by President Muhammadu Buhari to secure an additional N1 trillion loan from the Central Bank of [...]
Terms of Chinese loan dangerous, say Reps as FG confirms sovereignty clause
The House of Representatives has faulted the sovereignty clause in Nigeria’s loan agreement with China, saying it was dangerous. The Chairman of the H [...]
Reps insist on reviewing Chinese loan agreement
The House of Representatives has said that it would review all loan agreements and conditions signed by the Federal Government, especially those from [...]
Nigeria will pay China loan back in 20years – Amaechi
Minister of Transportation, Rotimi Amaechi has stated that Nigerian government has the capability to pay back the loan collected for the construction [...]
Why we passed Buhari’s $5.5b loan request – Senate President
Ahmed Lawan, the president of the Senate, has said that the $5.5 billion loan request by President Buhari was approved by the Senate so as to save ove [...]
Senate approves Buhari’s $5.513bn external loan request
President Muhammadu Buhari’s $5.513 billion external loan request to finance the revised 2020 budget, has been approved by the senate.
Though the s [...]