Buhari overlooks N33tr debt burden, seeks fresh N2tr loans
Buhari seeks another Loan, Overlooks previous debt
TheGuardian reveals that the President has requested a loan of 2.5 trillion, overlooking the initial debt of 33 trillion, and if the current request is approved, the national debt will amount to N35 trillion. Jamb Result
President Buhari in the letter explains that the money which is broken in parts into $4.05 billion, €710 million, and a grant component of $125 million will be used to fund federal and state projects in key sectors like agriculture, energy, education, health, human capital development and also fund the COVID-19 response initiative.
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