Buhari seeks senate approval for fresh $500m Eurobond to fund 2016 budget

Adejoke Adeogun
Adejoke Adeogun
President Buhari

President Muhammadu Buhari has written to the National Assembly seeking for another $500 million Eurobond to finance capital projects in the 2016 Budget.

The latest request was revealed on Wednesday during the Senate plenary.

The Senate had earlier in the year secretly approved a $1 billion Eurobond requested by Buhari, also for the financing of the 2016 Budget.

Details soon

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