National

$516m: Tinubu to obtain fresh loan

Senate receives President Tinubu’s loan request for $516.3 million to construct the Sokoto-Badagry super highway.

President Bola Tinubu has written to the Senate, seeking approval to borrow a fresh $516,333,070 loan.

In a letter to the President of the Senate, Senator Godswill Akpabio, which was read on Thursday during plenary, the loan will be obtained from Deutsche Bank, and it is aimed at financing the already approved borrowing plan for it. Sokoto-Badagry 1,000 Super Highway.

President Tinubu in the letter is asking for an expeditious passage.

MESSAGE us @ https://Wa.me/+2348072633727 for business relationship, Advert, PR, Publicity, Awareness, Interviews, Feature Stories, Press Release/Statement and so on…

Akpabio referred the letter to the Committee on Local and Foreign Debts for legislative action and a report back in one week.

VAM News

Recent Posts

Osun@35: Online Publishers Urge Commitment to Omoluabi Values, Youth Empowerment

THE Osun Online Publishers Association, OOPA, has congratulated the people of Osun State at home…

12 hours ago

President’s son declares presidential bid to succeed his father

Muhoozi Kainerugaba, the son of Yoweri Museveni, president of Uganda, says he plans to succeed…

12 hours ago

Osun Police Nab 4 Over Deadly Ikire Garage Attack, Hunt Ringleader

THE Osun State Police Command has arrested four suspects in connection with the attack on…

14 hours ago

Convicts’ freedom restricted after leaving prison in UK

THE United Kingdom is launching a world-first crackdown to restrict the freedom of serious sexual…

15 hours ago

OOPA: We Remain Foremost Body for Responsible Digital Journalism in Osun

OOPA: We Remain Foremost Platform for Responsible Digital Journalism in Osun THE Osun Online Publishers…

17 hours ago

World cup failure: NFF President Gusau, other resign

THE duo of the President and General Secretary of the Nigeria Football Federation (NFF), Alhaji…

22 hours ago