President Muhammadu Buhari, on Tuesday, urged the Senate to approve a new external loan of N2,343,387,942,848.00, about $6.183billion, for the Federal Government to finance the 2021 budget deficit.
He explained that the loan would enable the Federal Government fund critical infrastructural projects in transportation, health and education among others.
Senate President Ahmad Lawan read Buhari’s letter of request on the floor of the Senate at plenary.
Details shortly….