PRESIDENT MUHAMADU BUHARI REQUEST $6.926 BN LOAN FROM NATIONAL ASSEMBLY

The ofiice of the president has stated in both letters sent to the House of Representative and Senate that it needs the approval of $6.926bn to integrate the mordenisation of railway lines, rehabilitation of northeast and expansion of social safety net for Nigerians in this harsh economic period.


Accordind to Naij.com, The president stated that china export and import has agreed to borrow Nigeria about $5.8bn to mordenize the Lagos/Kano railway line. he also said that the world bank has approved $500m each for the resettlement of internally displaced persons and the provision of social security for Nigerians.

We believe that this feat will be achieved by the president for a welcome development, it would be.