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Buhari’s request for $5.8bn loan, $10m grant approved - MegaIcon Magazine
The Nigerian House of Representatives has approved President Muhammadu Buhari’s loan request of $5.8 billion and grant of $10 million. It was learnt that the loan is part of the Federal Government’s 2018-2020 external borrowing plan. The loans are expected to be sourced from the World Bank, Islamic Development Bank, China Exim bank, Chinese Africa