Reps Dump N22.7tn Loan Request, Okay N1tn Borrowing

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The House of Representatives, on Tuesday, partly approved of the requests made by the President, Muhammadu Buhari on Ways and Means Advances from the Central Bank of Nigeria.
The House approved restructuring of N1tn WMAs.

This was based on the recommendation by the Joint Committees on Finance; Banking and Currency; and Aids, Loans and Debts Management laid, considered and adopted by the House in plenary.