Tag: Loan

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Again, House of Reps approves N1trn loan for Buhari

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

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

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

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

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

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 [...]
Kanu kicks against Nigeria’s fresh loans request from IMF, World Bank, AfDB

Kanu kicks against Nigeria’s fresh loans request from IMF, World Bank, AfDB

The leader of the Indigenous People of Biafra, IPOB, Mazi Nnamdi Kanu, yesterday, kicked against further lending by foreign lenders to the Nigerian go [...]
Senate gives Buhari go ahead to obtain N850bn loan

Senate gives Buhari go ahead to obtain N850bn loan

The Nigerian Senate on Tuesday granted the request of President Muhammadu Buhari to obtain N850 billion fresh loan to fund some projects in the 2020 b [...]
Why we suspended Buhari’s $22.7bn loan request – Reps

Why we suspended Buhari’s $22.7bn loan request – Reps

The speaker of the house of representatives, Femi Gbajabiamila has revealed why the lower chambers suspended President Muhammadu Buhari’s $22.7bn loan [...]
South-east not included in Buhari’s $22.7bn loan spending plan

South-east not included in Buhari’s $22.7bn loan spending plan

Senators from the south-east have alleged that President Muhammadu Buhari excluded the region from his proposed $22.7billion spending plan thus prompt [...]
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