Buhari to n'assembly: FG will pay N1.8trn in interest if unable to restructure N23.7trn CBN loan | TheCable

.MBuhari to n’assembly: FG will pay N1.8trn in interest if unable to restructure N23.7trn CBN loan | TheCable

President Muhammadu Buhari says it will cost the federal government N1.8 trillion in interest if the national assembly fails to approve N23.7 trillion in extra-budgetary spending.

Speaking at the signing ceremony of the 2023 budget in Abuja on Tuesday, Buhari said he has no intention to contest the decision of the lawmakers.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

thecableng /  🏆 2. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Lawan: We're considering Buhari's request to approve N23.7trn extra-budgetary spending | TheCableSenate President Ahmad Lawan says the national assembly is already considering a request by President Muhammadu Buhari to approve N23.7 trillion spent without the approval of the national assembly.
Read more »

EXTRA: Teachers beat me a lot because I avoided school farm, says Buhari | TheCablePresident Muhammadu Buhari says he was flogged many a time for intentionally dodging work at the school farm while in high school. Buhari said this in a documentary titled ‘Essential
Read more »

Buhari: How Kwankwaso’s SUV gift helped me survive Kaduna bomb attack - Daily TrustPresident Muhammadu Buhari has once again spoken of the attack on his convoy in Kaduna State, a year before he unseated former President Goodluck Jonathan.
Read more »

Buhari has dragged Nigeria below its 1999 status – ObasanjoFormer President Obasanjo has said that the current government of President Muhammadu Buhari has dragged Nigeria down below the status it was in 1999 when
Read more »

Buhari: Kwankwaso's armoured vehicle gift helped me survive 2014 bomb attack in Kaduna | TheCablePresident Muhammadu Buhari says a vehicle gifted to him helped him survive a bomb attack in Kaduna in 2014.
Read more »

Where Buhari failed and why Tinubu may also fail (2), By Sunday AdelajaAny government that wants to rescue Nigeria must come up with a whole system of values that will effectively address the moral failure of our society. This is our greatest problem as a country. It is out of this we have all other issues including leadership failure. The point I am trying to pass across […]
Read more »