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You are at:Home»Breaking News»Reps pass revised budget, approve Buhari’s $5.5bn loan
Breaking News

Reps pass revised budget, approve Buhari’s $5.5bn loan

DailyblastBy DailyblastJune 10, 202001 Min Read
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National Assembly

The House of Representatives has passed the revised 2020 Appropriation Bill, raising the national budget from the proposed N10.5tn to N10.8tn.

Although the Committees on Appropriations and Finance, whose report was considered and adopted ‎at plenary on Wednesday recommended N10,801,544,664,642, the lawmakers inserted an additional N4bn for the welfare of members of the National Association of Resident Doctors who have threatened strike.

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  3. World Bank to approve $2.2bn loan for Nigeria in 2025
  4. Tinubu requests approval for $23.5bn, €2.2bn, ¥15bn, and N757.9bn loan package

The House also approved the request by the President Muhammadu Buhari, for the Federal Government to obtain external loans totalling $5,513,000000.

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