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HomePoliticsNEWSJust In: Senate Approves $7.8bn, €100m In FG’s Borrowing Plan

Just In: Senate Approves $7.8bn, €100m In FG’s Borrowing Plan

The Senate has approved the sums of 7.8 billion dollars and 100 million euros in President Bola Tinubu’s proposed 2022–2024 borrowing plan.

The president had written to the Senate requesting consideration and early approval of the 2022–2024 External Borrowing Plan to ensure prompt implementation of projects.

On Wednesday,  November 1, the President of the Senate, Godswill Akpabio, also announced Tinubu’s request for confirmation of the nomination of the 10 resident electoral commissioners for the Independent National Electoral Commission (INEC) under the provisions of Section 154(1) of the constitution, with the Senate commencing their screening.

The Senate then approved the appointment of seven of the nominees of President Tinubu as Residents Electoral Commissioners.

The nominees approved are Mr. Etekamba Umoren from Akwaibom; Mr. Isha Ehimeakne from Edo; Barr. Oluwatoyin Babalola from Ekiti; Mr. Abubakar Ahmed from Gombe; Shehu Wahab from Kwara; Aminu Idris from Nasarawa; and Mohammed Abubakar Sadiq from Niger.

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