SENATE APPROVES BUHARI'S $500 MILLION EUROBONDS

The Nigerian Senate approved the request of President Muhammadu Buhari to acquire 500 million dollars in eurobonds to finance the deficit in the 2016 budget.
Chaired the Senate plenary on Wednesday, March 22, the Deputy Speaker of the Senate put the question to the Senators on a vote-by-vote basis. In response, the leader of minorities, Godswill Akpabio, seconded the motion, "despite the lack of consultation, I want to support the motion to allow the committee to consider the request." To President Muhammadu Buhari Source of the capital market.