President Bola Tinubu on Wednesday requested the Senate to quickly approve the sums of $7.8 billion and €100 million in his administration’s proposed 2022–2024 borrowing plan.
The request was contained in a letter read by Senate President Godswill Akpabio on the floor of the Upper Chamber.
The request also said that the World Bank Group initiated an interest in providing funding support of $1 billion and $2 billion to mitigate the economic shocks and recent reforms in the country.
Tinubu urged the Senate to grant expedited consideration.
The Senate President however referred the letter to the committee of the foreign desk, finance, and national planning for further deliberation.
