Just In: Senators Turn Down President Buhari's $30bn Loan Request

Following the Federal Government's proposal to borrow a humongous amount from international money lenders, the Senate has revealed its disposition about the development.  The Nigerian Senate has rejected President Muhammadu Buhari’s external borrowing plan of $30bn for the execution of projects from 2016 to 2018. The nays had it when the borrowing plan was put to a vote on the floor of the chamber during the plenary on Tuesday. The borrowing plan was not debated at all.