Senate Panel Rejects Buhari’s $700m Loan Request   The Senate Committee on Local and Foreign Debts on Wednesday rejected President Muhammadu Buhari’s loan request to the National Assembly for the Sustainable Urban and Rural Water Supply, Sanitation and Hygiene project under the Ministry of Water Resources. The...

Senate Rejects Works Ministry’s Fresh $434.7m Request       The Senate on Monday turned down a fresh request from the Federal Ministry of Works and Housing seeking approval for projects already captured in the $434.7m borrowing plan of the Federal Government. The Borrowing Plan had already been approved...

Senate Approves FG’s Request For $1.5bn, €995m External Loans       The Senate yesterday gave the federal government the nod to borrow a total of $2.7 billion out of the $5.5 billion external borrowing request sent to the National Assembly by President Muhammadu Buhari in May last...

$1.5bn, 995m Euros Loan To Buy 20,000 Tractors - Nanono       The Federal Government yesterday said it plans to buy 20,000 tractors in the next six years for mechanised agriculture from its 995million euro loan request now before the Senate. The Minister of Agriculture and Rural Development,...

Senate Demands Details Of $1.5bn, €995m Agriculture Loans       The Senate Committee on Local and Foreign Debts on Tuesday asked the ministries of Agriculture, Finance and the Debt Management Office to provide details of the €995m and the $1.5bn foreign loans. The panel specifically requested for details...

Senate Okays FG’s N148.14bn Refund To Ondo, Osun, Others         The Senate on Tuesday approved the request of President Muhammadu Buhari’, seeking a refund of N148,141,969,161.24 to Ondo, Osun, Rivers, Bayelsa, and Cross River states. The amount was meant for projects they executed on behalf of the...