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The Chairman Senate committee on appropriations, Senator Jibrin Barau has said that the committee on appropriations has commenced the legislative process
Inflation data is out. 17%. The common interpretation is that the purchasing value of your money has declined by 17%.
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By Deji Elumoye and Emameh Gabriel The Senate Tuesday referred President Muhammadu Buhari’s request for N2.3trn external loan to fund the 2021 budget deficit to its committee on Local Debts and Foreign Loan for further legislative work. The committee headed by Senator Clifford Ordia has two weeks to report back to Senate plenary. President Buhari had on May 18, 2021 written to the Senate seeking the approval of N2.3trn ($6.18bn) external borrowing to fund the 2021 budget deficit of N5.6trn President of the Senate, Ahmed Lawan, during Tuesday plenary drew the attention of his collegues to th...