Thursday, September 25, 2014

Senate approves President Jonathan’s $1billion loan request to fight Boko Haram

The Senate today approved President Goodluck Jonathan's request of $1billion external loan to fight the ongoing insurgency in the country.

The loan will be used for the purchase of military hardware and the training of military personnel.

The loan approved will be in addition to the N968.127bn voted for Defence in the 2014 budget by the federal government.

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