Nigerian House of Reps approves Buhari’s request to source N850bn from domestic capital market

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Nigerian House of Reps approves Buhari’s request to source N850bn from domestic capital market
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The House of Representatives on Tuesday approved the request by President Muhammadu Buhari to source for N850 billion from domestic capital market. The President in a letter to the House on Tuesday, 5th May, requested the loan which had already been approved in the 2020 appropriation act to be converted from external borrowing to local

The House of Representatives on Tuesday approved the request by President Muhammadu Buhari to source for N850 billion from domestic capital market.

Today, the House Committee on Supply following the consideration of its report submitted by the committee chaired by the leader of the House, Hassan Ado Dogwa approved the request by the president.

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