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Acting President, Yemi Osinbajo has written the Nigerian Senate for the approval of External borrowing plan (2016-2018 as approved by the Federal Executive Council, FEC.
Senate President, Bukola Saraki read Acting President's letter at the floor of the senate on Tuesday.
Recall that the Acting President Yemi Osinbajo had last week in May sought approval of the National Assembly to include the Development Bank of Nigeria and Fund for Agricultural Finance in Nigeria into the 2019-2018 external borrowing plan.
The facility which stands in the value of $1.28bn (USD) and 9million Euro, according to Osinbajo was omitted in the 2014-2016 external borrowing plan approved by the National Assembly.
Senate President, Bukola Saraki read Acting President's letter at the floor of the senate on Tuesday.
Recall that the Acting President Yemi Osinbajo had last week in May sought approval of the National Assembly to include the Development Bank of Nigeria and Fund for Agricultural Finance in Nigeria into the 2019-2018 external borrowing plan.
The facility which stands in the value of $1.28bn (USD) and 9million Euro, according to Osinbajo was omitted in the 2014-2016 external borrowing plan approved by the National Assembly.
