President seeks NASS approval for $1b Eurobond
A source revealed that the National Assembly might reconvene on Thursday, January 2, 2017 to discuss the issue.
Saraki, Buhari
Recommended articles
![600,000 Nigerians are being forced to work against their will [The Guardian Nigeria]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'100'%20height%3D'100'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "600,000 Nigerians are being forced to work against their will [The Guardian Nigeria]")
According to Punch, a source revealed that the National Assembly might reconvene on Thursday, January 2, 2017 to discuss the issue.
The source also said “The fallout of the meeting between the Senate President, Bukola Saraki; Speaker of the House of Representatives, Yakubu Dogara; and the Presidency on Tuesday is that the Federal Government wants the National Assembly to approve its new request for a $1bn Eurobond. It appears that since the approval of proposed $29.9bn external loan has not been obtained, this is the other option available to the government.
“The National Assembly will reconvene anytime from now on the executive’s request. The letter got here last Thursday after the plenary had been adjourned for three weeks to allow the Ministries, Departments and Agencies of government to come and defend their budgets.”
ADVERTISEMENT
The National Assembly had earlier rejected the President’s application for borrow $29.960b.
According to the source the FG and some members of the National Assembly so ensure the request sails through.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Child labour problem in Nigeria worst in Southeast, Northwest
Over 600,000 Nigerians are being forced to work against their will
Gov Mbah plans befitting burial for Nollywood stars Mr Ibu, Junior Pope
Tinubu made naira world’s best, what PDP failed to do in 16 years - Onanuga
8 suspects disrupt inauguration of appointed commissioners at Kano Govt House
Yahaya Bello stripped of police protection as IG withdraws officers attached to him
No need to run when EFCC invites you, Cubana Chief Priest advises Nigerians
Immigration places wanted Yahaya Bello on watchlist, unveils his passport details
Oyo govt justifies demolition of Yoruba Nation agitators’ building
Pulse Sports
Lionel Messi's son breaks the internet after scoring five goals for Inter Miami
Naija Stars Abroad: Onyedika, Boniface, and Osimhen shine across Europe
Victor Osimhen and Tobi Amusan make list of Forbes’ 30 under 30 Class of 2024
ADVERTISEMENT
![Nigerians in diaspora are urged to be patriotic toward the nation [Jenny M.C.]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'300'%20height%3D'172'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "Nigerians in diaspora are urged to be patriotic toward the nation [Jenny M.C.]")