The Senate, on Thursday, said it has approved foreign loans of about $28 billion for the President Muhammadu Buhari-led administration in the last one year. Read more:
He said the shortfalls of oil revenue had forced the government to resort to foreign borrowing from bilateral and multilateral sources to fund the budget.. The review of the Budget 2020 is largely due to the adverse impact of COVID-19 Pandemic on our revenues.Dear valued readers, subscribe to the Daily Trust e-paper to continue enjoying our diet of authoritative news. Kindly subscribe here
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