Loan – Pensioners FM

Tinubu Seeks Senate’s Approval of Fresh N1.767tn External Borrowing

News Room2 weeks ago2 weeks ago03 mins

Nigeria’s President Bola Tinubu has written to the National Assembly to approve a fresh N1.767 trillion as a new external borrowing plan in the 2024 appropriation act. Tinubu’s request was read by the speaker, Tajudeen Abbass, during plenary on Tuesday. Accordingly, if approved, the loan will be used to part-finance the budget deficit of N9.7…

FG Secures $134m AfDB Loan Facility for Agricultural Growth

News Room3 weeks ago3 weeks ago05 mins

The Federal Government has successfully secured a $134m loan facility from the African Development Bank aimed at boosting agricultural production, particularly in the seeds and grains sector. This funding was disclosed in a statement released by the Ministry of Agriculture and Food Security on Thursday. The Chief Information Officer at the Ministry of Agriculture and…