The House of Representatives has approved President Bola Tinubu’s request to borrow ($516,333,007) five hundred and sixteen million, three hundred and thirty-three thousand, seven US dollars in syndicated financing from Deutsche Bank AG.
- +JUST IN: Reps Approve Tinubu’s $516m Loan Request
They approved it during the plenary on Tuesday in Abuja after the presentation of a report by the deputy chairman of the House Committee on Aids, Loans, and Debts Management, Abdullahi Rasheed.
Sade Ogunleye
They approved it during the plenary on Tuesday in Abuja after the presentation of a report by the deputy chairman of the House Committee on Aids, Loans, and Debts Management, Abdullahi Rasheed.
The money is expected to fund the construction of sections of the Sokoto–Badagry Super Highway.
