Discover Top Posts Tagged with #$5.8bn

Seeks Moratorium On Borrowing $5.8bn Loan: SERAP Writes Buhari

Seeks Moratorium On Borrowing $5.8bn Loan: SERAP Writes Buhari The Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari, to “issue an immediate moratorium on borrowing by the Federal Government and the 36 states to address a systemic debt crisis, prevent retrogressive economic measures, and the disproportionately negative impact of unsustainable debt on…

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Loan Request Reps Approve Buhari’s $5.8bn

Loan Request Reps Approve Buhari’s $5.8bn The House of Representatives has approved President Muhammadu Buhari’s loan request of $5.8 billion and a grant of $10 million. The loans are to be sourced from the World Bank, Islamic Development Bank, China Exim bank, Chinese Africa Development Fund, and International Fund for Agricultural Development. In approving the loan, the House asked that the…

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