Meanwhile, the President has urged the legislature to reconsider its stance on his proposal on the Federal Government’s outstanding Ways and Means balance of N22.7 trillion naira at the Central Bank of Nigeria.
Buhari said, Failure to grant the securitisation approval would cost the government about N1.8tn in additional interest in 2023 and a 40-year repayment period on the securitised debt.
The Senate had rejected his request to restructure the N22.7 trillion naira Ways and Means advances.
