Buhari Seeks Senate Approval For Fresh $800m Loan

Nigeria’s outgoing President, Muhammadu Buhari has written to the Senate to approve an $800 million loan to finance the National Social Safety Network Programme, NSSP.

Buhari’s request was contained in a letter read to the Senate by Ahmed Lawan during the Wednesday plenary session.

According to the President, the funds will be transferred to 10.2 million poor and low-income households for a period of six months, with a projected multiplier effect of 60 million people.

The President, therefore, urged the lawmakers to expedite action on the request for proper implementation.

Read Also: Why Buhari Will Stay Additional Week In London – Presidency

Each of the 10.2 million individuals is expected to receive the sum of N5,000 per month under the conditional cash transfer window of the programme.

Africa Today News, New York recalls that Buhari had added an additional week to his stay in London over what has been described by Presidential sources as an appointment with his dentist.

Special Adviser to the President on Media and Publicity, Femi Adesina, announced this in a statement on Tuesday.

Africa Today News, New York recalls that had last week Buhari travelled to the United Kingdom last week for the coronation of King Charles 111.

The president was supposed to return to the country this week.

Giving an update on the UK trip in a statement , Adesina said Buhari was currently undergoing dental care.

President Muhammadu Buhari will be in London, United Kingdom, for an additional week, at the behest of his Dentist, who has started attending to him.’

‘The specialist requires to see the President in another five days for a procedure already commenced.

‘President Buhari had joined other world leaders to attend the coronation of King Charles III on May 6, 2023.’ Adesina said.

Meanwhile, Nigeria’s President-Elect, Bola Tinubu has sent his congratulatory messages to Osun State Governor, Ademola Adeleke over his victory at the Supreme Court, calling on him to quickly unite the state and settle down to work for the progress of the state.

Africa Today News, New York

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