President Muhammadu Buhari has sought the Senate approval for fresh loan of N850 billion to fund some projects in the 2020 budget.
This was made known in a letter read by the Senate President, Ahmad Lawan, on Tuesday during plenary.
President Buhari, in the letter, seeks to raise the loan from the domestic capital market to finance projects in the 2020 budget.
However,the detail of the projects was not indicated in the letter.
The Senate President asked the committees on Finance and Appropriation to liaise with the Finance minister to get more details on the loan request.

Source:https://bossmeek.com.ng/2020/04/president-buhari-seeks-senate-approval-for-fresh-n850bn-loan.html