• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Sunday, June 1, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Nigeria seeks Senate’s approval for N402bn loan via promissory notes

Loan

The Matters Press by The Matters Press
September 21, 2022
Reading Time: 1 min read
0
Intimidation, cyber-bullying by loan sharks

President Muhammadu Buhari has asked for Senate approval for the issuance of promissory notes totalling over N402 billion.

RELATED POSTS

Senate’s stance on Nigeria’s Legislature-Executive Relationship, thrilling

Tinubu explains mission as he marks second year in office

Increasing oil rigs, a big score for Nigeria’s petroleum sector reforms

The first of such requests read in plenary by Senate President, Ahmad Lawan, was N375 billion meant for settlement of outstanding claims owed various exporters.

Other similar debts payment requests to be routed through Debt Management Office (DMO) are N6.706 billion for Kebbi State Government on construction of federal road in the state and N2.706 billion for Taraba State Government for constructing federal roads as well.

President Buhari in another request also sought approval of the Senate on issuance of N18.623 billion for Kebbi State Government.

The president in the letter said payment of N18.623 billion to Yobe State Government through the Debt Management Office would help the state offset all monies , expended on execution of five different federal road projects in the state .

In the separate letters, he sought for expeditious consideration of the requests.

In another letter of request, President Buhari sought for confirmation of appointment of Mohamed Sabo Lamido as Executive Commissioner, Finance and Accounts of the Board of Upstream Regulatory Commission .

Lamido’s appointment as explained by the president in the letter was necessitated by the death of Hassan Gambo who hitherto served in that capacity before his death.

More: SUN

Tags: Loan
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Senate probes $3.5b with NNPC
Economy/Technology

Senate’s stance on Nigeria’s Legislature-Executive Relationship, thrilling

May 30, 2025
Nigerians to own brand new vehicles, goods through new credit scheme initiative
Economy/Technology

Tinubu explains mission as he marks second year in office

May 29, 2025
Chevron, NNPC secure $1.4bn for drilling project
Economy/Technology

Increasing oil rigs, a big score for Nigeria’s petroleum sector reforms

May 26, 2025
Group hails Presidential Council initiative, welcomes President Tinubu’s N2tn stabilisation package
Economy/Technology

Pope’s invitation to Tinubu reflects Nigeria’s relevance in global affairs -TMSG

May 24, 2025
Tinubu steering Nigeria away from Venezuela-like tragedy – IMPI
Economy/Technology

Tinubu espouses Nigeria’s unity, diversity at Pope Leo’s inauguration

May 22, 2025
Eulogising Africa’s efforts in midwifing a Covid-19 vaccine
Economy/Technology

Nigeria’s ongoing health reform gets global endorsement with Pate’s honour by Time Magazine

May 21, 2025
Next Post
Trading in Nigerian stock market dips further N83bn

FGN securities designed to broaden financial inclusion, infrastructure development

5G network for launch 2020

China’s mobile IoT connection reaches 1.7bn

Recommended Stories

New naira notes: Rush as long queues of customers flood banks

Clampdown on banks, new guidelines to stabilize currency, garners support

February 4, 2024
Food prices peak after Eid el-Fitr

Experts give reasons for low egg production

January 12, 2023
Fraud in banking sector, mostly insider instigated

Banks, OPS synergy key to sustainable growth, says ACAMB President

July 25, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Senate’s stance on Nigeria’s Legislature-Executive Relationship, thrilling
  • Tinubu explains mission as he marks second year in office
  • Increasing oil rigs, a big score for Nigeria’s petroleum sector reforms

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us