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Senate okays N2.343trn external loan, warns MDAs on frivolous spending, passes N982bn supplementary budget

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Senate okays N2.343trn external loan, warns MDAs on frivolous spending, passes N982bn supplementary budget

The Senate Wednesday approved President Muhammadu Buhari's request for the authorisation of N2.343 trillions! ($6.183 billion USD) as External Borrowing in the 2021 Appropriation Act. The upper chamber, which warned Ministries, Departments and Agencies(MDAs) against frivolous spending, also directed Minister of Finance, Budget and National Planning Zainab Ahmed, Director General Debt Management Office Patience Oniha, and Governor Central Bank…

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Senate okays N2.343trn external loan, warns MDAs on frivolous spending, passes N982bn supplementary budget

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Senate okays N2.343trn external loan, warns MDAs on frivolous spending, passes N982bn supplementary budget

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