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Politics Nigerian Senate Approves Buhari's Request Of $500m Eurobond


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Nigerian Senate on Wednesday approved 500 million dollars eurobond to enable President Muhammadu Buhari adequately fund the 2017 budget deficit.

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President Muhammadu Buhari had sought for the National Assembly approval for $500 million Eurobond to finance capital projects in the 2016 Budget.

It would also be recalled that the Senate had earlier in the year approved a $1 billion Eurobond requested by Buhari, also for the financing of the 2016 Budget.


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