Tinubu requests early Senate approval of external borrowing plan

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President Bola Tinubu has written to the Senate demanding that the 2022-2023 External Borrowing Plan be considered and approved as soon as possible to guarantee timely project delivery.

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.

He also asked confirmation of the nomination of Prof. Tunji Olaopa, Chairman of the Federal Civil Service Commission, as well as 11 other nominees.

The Senate President referred the request to the Establishment and Public Service Matters Committee.

This is coming a day after the President wrote the National Assembly, seeking the approval of the sum of N2,176,791,286,033 as 2023 supplementary budget to address labour wage adjustments, security and more.

The 2023 Supplementary Appropriation Bill expeditiously scaled second reading on Tuesday in the House of Representatives and the Senate as lawmakers said it is for the benefit of the country.

The President also sent the 2024-2026 Medium Term Expenditure Framework (MTEF) & Fiscal Strategy Paper to both chambers of the National Assembly,

Akpabio, subsequently referred the request to a joint committee on Finance, Appropriations and National Planning and Economic Affairs to review and approve the proposed MTEF ahead of the commencement of the budget preparation.