Ninth Senate
Senate committee gets 14 days to process President Buhari’s N2.343 trillion loan request
The Nigerian Senate has given its Committee on Foreign and Local Debts 14 days within which to process President Muhammadu Buhari’s request for a fresh ₦2.343 trillion ($6.183 billion) for approval. Senate President Ahmad Lawan gave the directive at the commencement of Tuesday’s plenary session shortly after the Senate Majority leader, Yahaya Abdullahi, drew the attention of the Senate to the pending request. The Senator Clifford Ordia-led Committee on Foreign and Local debt had approved a total of $28 billion so far. The current request will take the total loan approved to $35.683 billion. Buhari had urged the Senate to approve N2.3 trillion ($6.183 billion) external borrowing. He said the loan was to finance the 2021 budget deficit of N5.6 trillion. The President indicated that the loan ...
Workers Day: Senate president urges labour to consider higher national interest always
Ahead of the May 1 Workers Day celebration, President of the Senate, Ahmad Lawan, on Friday, Senator urged organised labour to always look at the larger picture and consider higher national interest in their responses to government policies and actions. Lawan stated this on Friday, while commemorating this year’s workers day celebration coming up today (May 1). In a statement by his Special Adviser on Media, Ola Awoniyi, the Senate President assured workers that “the National Assembly believes in the well-being and welfare of the workers and will always provide legislative support for every effort to tackle their challenges and improve the work environment.” Recalling that the Nigerian workers across the generations have continued to drive economic productivity, nation-building and democra...
