President Buhari reportedly explained in his letter that the loan will be used to finance the deficit in the 2020 budget and support critical projects from the State and Federal Government. Reno Omokri is clearly against the increment in Nigeria’s external debt.
The president wrote to the House of assembly and speaker of the house, Femi Gbajamila, read the letter to lawmakers during plenary on Thursday.
President Buhari explained in his letter that the loan will be used to finance the deficit in the 2020 budget and support critical projects from the State and Federal Government. Reno Omokri is clearly against the increment in Nigeria’s external debt.
OYOGist.com reports
OYOGist.com reports
The president expects to receive the sum of $5.513 billion which translates to ₦2,152,826,500,000 (2.1trillion) after previous loans have been approved recently.
In another one of Omokri’s tweets he said Dear General @MBuhari, You borrowed $39 billion in 5 years. No government in Nigeria’s history has borrowed that much. Nigeria is the world headquarters for extreme poverty. You built no schools for almajiri. The Naira is devalued. Where did the money go?