Loans will reduce poverty – President Buhari
The President, Major General Muhammadu Buhari (retd.), has asked the National Assembly to approve fresh external loans of $4.05bn and €710m for his regime. Experts and Civil Society Organisations who spoke to Punch correspondents faulted the process of approving loans for the current regime by the National Assembly. Buhari is also seeking the nation’s legislature’s approval for grant components of $125m in the 2018-2020 external rolling borrowing plan. These were contained in a letter addressed to both chambers of the National Assembly and read on the floor at the resumption of plenary by the presiding officers Messrs Ahmad Lawan and