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BREAKING: Nigerian Senate Turns Down Buhari’s $30 Billion Borrowing Request

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The Nigerian Senate has just rejected President Muhammadu Buhari’s external borrowing plan of $30 billion, supposedly for the implementation of capital projects, on account of lack of documents to support the request.

The “nays” won when the borrowing plan was put to a vote on the floor of the chamber during the plenary on Tuesday, November 1, 2016.

Live social media updates from the Senate’s official communication channels confirm this development.

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