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Aisha Yesufu Reacts To $6.1 Billion Loan Approved By The Senate

Aisha Yesufu a Nigerian socio-political activist reacted to a tweet on Buhari's $6.1billion loan approved by the senate. She reacted publicly in a tweet on Twitter.

In a Tweet replying to Premium Times twitter handle.

She tweeted, "The 9th Assembly can approve the dissolution of the legislative arm sef of asked by Buhari. They are that preposterous!"

According to report from Premium Times twitter handle, the $6.1 billion loan request is equivalent to about N2.343 trillion was approved by the Senate after considering the report of the Senate Committee on Local and Foreign Debts.

President Muhammadu Buhari in May asked the National Assembly to approve the loan. The loan will be raised from multilateral and bilateral tenders as well as the international capital market, he said.

He further disclosed that the National Assembly already already approved the borrowing of N4.6trilllion in the 2021 appropriation act. And that the new borrowing of N2.3trillion will part-finance the deficit in the 2021 budget.

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9th Assembly Muhammadu Buhari National Assembly Nigerian Premium Times


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