Buhari Seeks Senate’s Approval For $5.5bn Loan

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The President, Muhammadu Buhari, has asked the Senate to approve a loan of $5.5 billion to fund the 2017 budget.

His request was contained in a letter and read by Senate President, Bukola Saraki at the plenary on Tuesday.

The President also said that the 2017 budget had a deficit of N2.356 trillion.

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