SENATE APPROVES RESTRUCTURING OF 22.7 TRILLION NAIRA LOAN REQUEST.
The 9th Assembly yesterday approved the restructuring of the controversial 22.719 trillion naira ways and means advances, supposedly to ensure that the government does not shut down. The Senate gave the approval during the plenary session after considering a report from its ad hoc committee, which noted that the federal government repeatedly borrowed from the central bank of Nigeria in the process exceeding the five percent threshold of the previous […]