Tag: Loan
Tinubu’s loans bone-crushing to Nigerians, country sinking further into debts – Atiku
Atiku Abubakar, the 2023 presidential candidate of the Peoples Democratic Party, PDP, has characterised the loans taken by President Bola Tinubu as bu [...]
Tinubu’s renege on promise not to borrow, takes $4.1bn loan in one year
On August 9, 2024, President Bola Ahmed Tinubu inaugurated a tax committee with mandate to raise revenue because his government inherited a ‘bad gover [...]
Again, House of Reps approves N1trn loan for Buhari
The house of representatives has approved the request by President Muhammadu Buhari to secure an additional N1 trillion loan from the Central Bank of [...]
Terms of Chinese loan dangerous, say Reps as FG confirms sovereignty clause
The House of Representatives has faulted the sovereignty clause in Nigeria’s loan agreement with China, saying it was dangerous. The Chairman of the H [...]
Reps insist on reviewing Chinese loan agreement
The House of Representatives has said that it would review all loan agreements and conditions signed by the Federal Government, especially those from [...]
Nigeria will pay China loan back in 20years – Amaechi
Minister of Transportation, Rotimi Amaechi has stated that Nigerian government has the capability to pay back the loan collected for the construction [...]
Why we passed Buhari’s $5.5b loan request – Senate President
Ahmed Lawan, the president of the Senate, has said that the $5.5 billion loan request by President Buhari was approved by the Senate so as to save ove [...]
Senate approves Buhari’s $5.513bn external loan request
President Muhammadu Buhari’s $5.513 billion external loan request to finance the revised 2020 budget, has been approved by the senate.
Though the s [...]
Kanu kicks against Nigeria’s fresh loans request from IMF, World Bank, AfDB
The leader of the Indigenous People of Biafra, IPOB, Mazi Nnamdi Kanu, yesterday, kicked against further lending by foreign lenders to the Nigerian go [...]
Senate gives Buhari go ahead to obtain N850bn loan
The Nigerian Senate on Tuesday granted the request of President Muhammadu Buhari to obtain N850 billion fresh loan to fund some projects in the 2020 b [...]