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House of Reps Approves Buhari’s $22.7bn Loan Request

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The House of Representatives has approved President Muhammadu Buhari’s request to borrow $22.7 billion.

The request was granted on Tuesday by the lawmakers during a plenary session after the committee on aids, loans, and debt management gave its report.

The House of Reps on March 12, 2020 postponed the consideration of Buhari’s $22.7 billion loan request indefinitely, days after the Senate announced its approval.

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