JUST IN: Senate okays Buhari’s $22.7bn loan request

The Senate, on Thursday, approved the $22.7bn loan request of the President, Major General Muhammadu Buhari (retd.), after a heated debate that ended up in a closed session. .

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The lawmakers after a closed-door session, which lasted about 45 minutes, approved the two-item recommendation of the Committee on Local and Foreign Loans, chaired by Senator Clifford Ordia.

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Investigations revealed that the senators had resolved the issues that had generated tension during the initial deliberation on the document at the closed session. .

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The President of the Senate, Ahmad Lawan, pledged that the loan would be spent on projects that would have an impact on the lives of Nigerians.

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He also challenged the various committees of the red chamber to ensure strict oversight so that every dollar in the loan would be accounted for.

https://youtu.be/o2vcRES4JDE

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