Reps Approve Buhari’s Request To Raise N850bn From Domestic Capital Market

Members of the House of Representatives have approved the request of President Muhammadu Buhari to raise N850 billion.

The Federal Government is to raise the money in the New External Borrowing Plan in the 2020 Appropriations Act in naira, from the Domestic Capital Market. The lawmakers gave the approval on Tuesday during plenary at the lower chamber of the National Assembly in Abuja. This followed the consideration of the report on the 2020 External Borrowing Plan of the Federal Government by Garba Alhassan Ado.

Govt of borrowing

Domestic capital market? upon all the borrowed foreign and domestic loans

To raise billions and do nothing

They steal want to steal from the tomatoes and ugu sellers

This government just like to borrow money. They have been borrowing even b4 they came to power, all of them

You wanted to borrow 850billion naira and that same week 311 million dollars came into the country why still borrow

Haha 😂 the looters are confused 😕

Na that Domestic Capital market go kill una foolish people

Ok

Again!!! Lol 9ja with drama....what am sure of is no matter the embezzlement and riches you can't spend $1 in hell fire or heaven. Keep it up.

MBuhari Footrest Approves Buhari's Request to Raise 850bn from DCM

Domestic Capital markets doesn't have such money Another nassnigeria lies to the people Nigeria Capital Markets Indeed 🤔

Please can someone explain what the domestic capital market is biko. Let me know whether I'll go and start keeping money under my fridge.

Is there still a Domestic Capital Market? Who still has money in this country oo?!!!

Lazy Government...

Are we okay in this country?

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nigerian House of Reps approves Buhari’s request to source N850bn from domestic capital marketThe House of Representatives on Tuesday approved the request by President Muhammadu Buhari to source for N850 billion from domestic capital market. The President in a letter to the House on Tuesday, 5th May, requested the loan which had already been approved in the 2020 appropriation act to be converted from external borrowing to local all na scam let them do it first Cus action speack louder than voice BREAKING NEWS!! Prof Gambari, former UN envoy is Nigeria's new chief of staff! As appointed by PMB They squander Abacha loot on school feeding programs and run to borrow more money from western countries! Buhari is successfully running a bureau de change!
Source: DailyPostNGR - 🏆 11. / 59 Read more »