TechEconomy
  • Privacy Policy
  • Manage Subscriptions
Tuesday, December 5, 2023
Advertisement
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Phones
      • Accessories
      • Gadgets and Appliances
      • Apps
      • Laptop
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • TECHECONOMY TV
No Result
View All Result
Podcast
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Phones
      • Accessories
      • Gadgets and Appliances
      • Apps
      • Laptop
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • TECHECONOMY TV
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

Home » National Assembly Approves Buhari’s $800m Loan Request

National Assembly Approves Buhari’s $800m Loan Request

Justice Godfrey Okamgba by Justice Godfrey Okamgba
May 19, 2023
in Finance
0
Buhari assents to Bills
President Muhammadu Buhari

President Muhammadu Buhari

Sifax
Advertisements

According to Abubakar Yunusa Ahmad, a member of the House of Representatives Committee on Loans, Aids, and Debt Management, federal lawmakers have given their approval to President Muhammadu Buhari’s request for a $800 million loan.

Ahmad shared this information during a live interview on Channels Television’s Sunrise Daily.

However, Ahmad expressed his belief that the current loan would not be utilized by the current administration.

RelatedPosts

SC Ventures

SC Ventures by Standard Chartered Bank and Giesecke+Devrient Complete the First Central Bank Digital Currency Transactions on the Universal Digital Payments Network

December 5, 2023

Nigeria’s Exports up by 74.36% in Q3 2023 – NBS

December 5, 2023

He suggested that the incoming government might adopt a different approach to utilize the funds. Ahmad stated, “The $800 million—there were extensive discussions within the loan committee, and we advised them.

‘First, leave this matter to the incoming government.’ But since the loan has been granted, we can accept it. If we cannot utilize it, perhaps the incoming government will have a different strategy.”

He also hinted at a potential change in the government’s approach, as there were rumors circulating on social media about the incoming government’s intentions not to retain any of President Buhari’s ministers, citing underperformance.

Ahmad clarified that although the loan has been approved, it will not be utilized by the current administration. The utilization of the loan will depend on the incoming government and their plans.

Recall President Buhari had previously written to the Senate seeking permission to secure an $800 million loan from the World Bank, aimed at mitigating the impact of subsidy removal.

The loan is part of the government’s subsidy palliative measures, which aims to assist 50 million vulnerable Nigerians or 10 million households.

Share this:

  • X
  • More
  • Email
  • WhatsApp
Tags: BankslAWMAKERSloan
Previous Post

MotoGP makes tyre strategies easier to follow for 2017

Next Post

Standard Chartered Launches 4th Women In Tech Programme

Justice Godfrey Okamgba

Justice Godfrey Okamgba

Related Posts

SC Ventures
Finance

SC Ventures by Standard Chartered Bank and Giesecke+Devrient Complete the First Central Bank Digital Currency Transactions on the Universal Digital Payments Network

by Joel Nwankwo
December 5, 2023
0

In a significant milestone demonstrating the benefits of digital currency transactions, SC Ventures by Standard Chartered Bank and Giesecke+Devrient (G+D) have completed a...

Read more
Nigeria Exports in Q3 2023

Nigeria’s Exports up by 74.36% in Q3 2023 – NBS

December 5, 2023
Cash Scarcity

Again, Cash shortage Hits Commercial Banks in Nigeria

December 5, 2023
bvn and nin

CBN to Freeze Bank Accounts Without BVN and NIN from April 2024

December 2, 2023
Purchasing Managers Index - PMI for October 2023

PMI Report: Business Confidence Declines to Weakest Level in November

December 2, 2023
Dr Chinyere Almona - LCCI

2024: Improve on CapEx Budget Performance, LCCI urges FG

December 1, 2023
Next Post
Women in tech

Standard Chartered Launches 4th Women In Tech Programme

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

TECHECONOMY PODCAST

Techeconomy Podcast
Techeconomy Podcast

Techeconomy Podcast is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

Listen OnSpotify
The Role of Ed-tech in Life Long Learning and Continuous Education
byTecheconomy

In this episode, we embark on a profound exploration of Ed-tech's integral role in lifelong learning and continuous education.

Our esteemed guest, Oluwatobi Adekunle, Co-founder of Growthskool, brings a wealth of insight to the discussion. As a visionary in the Ed-tech realm, he shares experiences, challenges, and triumphs from the forefront of Growthskool's transformative journey.

Join us in unraveling the ways in which Ed-tech is reshaping traditional education paradigms and fostering a culture of continuous learning. Oluwatobi's perspective offers a unique lens into the transformative power of technology in the realm of education.

At Techeconomy, our commitment lies in delivering nuanced coverage at the crossroads of Technology, Business, and the Economy. Our content is designed to empower decision-making and explore the transformative potential of innovative technologies.

—

Send in a voice message: https://podcasters.spotify.com/pod/show/techeconomy/message

The Role of Ed-tech in Life Long Learning and Continuous Education
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Filmmaking and Technology: A chat with Micheal Chineme Ike
June 7, 2023
Techeconomy
Search Results placeholder

NEWSLETTER

Subscribe

* indicates required
Techeconomy

Follow Us

MarkTECH

Gamification and Customer experience
MarkTECH

Gamifying Customer Engagement for Success 

by Techeconomy
November 13, 2023
0

Writer: ADEOLA ADEJOKUN Let's talk about the addictive nature of video games for a second. What keeps players glued to...

Read more

WomenPreneurs

Rukayat Alabi - RKY Group of Companies
WomenPreneurs

Rukayat Alabi: Empowering Lives and Businesses Through Tech

by Joan Aimuengheuwa
October 29, 2023
0

Rukayat Alabi, the CEO of RKY Group of Companies, a visionary entrepreneur who is revolutionizing the way people transition into...

Read more

BusinesSENSE For SMEs

Managing Difficult Customer
BusinesSENSE For SMEs

Five Keys to Managing Difficult Customers

by Techeconomy
August 23, 2023
0

You will at one point in your business be confronted with dealing with difficult customers. So, mastering the right strategies...

Read more
  • About Us
  • Contact Us
  • Policy
  • Careers

© 2023 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Phones
      • Accessories
      • Gadgets and Appliances
      • Apps
      • Laptop
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • TECHECONOMY TV

© 2023 Techeconomy - Designed by Opimedia.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.