The Senate has authorised 7.8 billion dollars and 100 million euros in President Bola Tinubu’s planned borrowing plan for 2022-2024.
The President had written to the Senate requesting that the 2022-2024 External Borrowing Plan be considered and approved as soon as possible to assure project completion.
Godswill Akpabio, President of the Senate, also announced Tinubu’s request for confirmation of the Nomination of the 10 Resident Electoral Commissioners for the Independent National Electoral Commission (INEC) in accordance with Section 154(1) of the constitution, with the Senate beginning their screening.
The Senate also approved the appointment of seven of the nominees of President Tinubu as Residents Electoral Commissioners.
The nominees approved are Mr Etekamba Umoren – Akwaibom; Mr Isha Ehimeakne from Edo; Barr. Oluwatoyin Babalola- Ekiti; Mr Abubakar Ahmed – Gombe; Shehu Wahab – Kwara; Aminu Idris – Nasarawa; Mohammed Abubakar Sadiq – Niger.
The remaining three nominees were not present for screening.