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Nigerian Senate on Tuesday rejected $29.9 billion external borrowing plan by President Muhammadu Buhari for 2016 - 2018 Rolling Plan.
Ali Ndume, senate leader, after the plenary on Tuesday said he ought to have marketed the loan request of President Muhammadu Buhari.
The senate turned down the president’s request to borrow the sum of $29.96 billion from external sources because the proposal had some technical issues, but that they would be resolved.
But speaking with journalists at the national assembly complex, Ndume said he will appeal to his colleagues to take a second look at the proposal.
Recommended: [VIDEO] How Nigerian Senators Rejected Buhari's $30bn Loan Request
“I’m going to appeal to my colleagues to see how we will bring the proposal back,” he said.
President Muhammadu Buhari's proposal was dismissed without a debate.
Ali Ndume, senate leader, after the plenary on Tuesday said he ought to have marketed the loan request of President Muhammadu Buhari.
The senate turned down the president’s request to borrow the sum of $29.96 billion from external sources because the proposal had some technical issues, but that they would be resolved.
But speaking with journalists at the national assembly complex, Ndume said he will appeal to his colleagues to take a second look at the proposal.
Recommended: [VIDEO] How Nigerian Senators Rejected Buhari's $30bn Loan Request
“I’m going to appeal to my colleagues to see how we will bring the proposal back,” he said.
President Muhammadu Buhari's proposal was dismissed without a debate.
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