{"id":24263,"date":"2021-04-21T15:07:14","date_gmt":"2021-04-21T14:07:14","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=24263"},"modified":"2021-04-21T15:50:54","modified_gmt":"2021-04-21T14:50:54","slug":"breaking-senate-approves-1-5bn-euro-995m-external-loan-for-fg","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2021\/04\/21\/breaking-senate-approves-1-5bn-euro-995m-external-loan-for-fg\/","title":{"rendered":"BREAKING: Senate approves $1.5bn, \u20ac995m external loan for FG"},"content":{"rendered":"<p>The sum of $1.5 billion and Euro 995 million external loans have been approved on Tuesday by the Senate for the Federal Government.<\/p>\n<p>The approval was granted by the senate following the consideration of the report of of its Committee on Local and Foreign Debts on the external <a href=\"https:\/\/www.withinnigeria.com\/news\/2021\/02\/26\/nigerias-borrowing-is-not-unreasonable-says-finance-minister-zainab\/\">borrowing<\/a> plan of the Federal Government at plenary.<\/p>\n<p>Chairman of the Committee, Senator Clifford Ordia, presented the report.<\/p>\n<p>WITHIN NIGERIA had earlier reported that the Honorable Minister of Transportation, Rotimi Amaechi has stated that the \u201cselfishness\u201d of some <strong><a href=\"https:\/\/thenationonlineng.net\/breaking-senate-approves-1-5bn-euro-995m-external-loan-for-fg\/\">lawmakers which resulted in a probe and generated publicity on the details of a 2018 Chinese loan agreement<\/a><\/strong> has negatively affected the country.<\/p>\n<p>Recall that a house of representatives panel in July 2020 had raised the alarm over\u00a0clauses conceding Nigeria\u2019s sovereignty to China in a loan agreement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The sum of $1.5 billion and Euro 995 million external loans have been approved on Tuesday by the Senate for the Federal Government. The approval was granted by the senate following the consideration of the report of of its Committee on Local and Foreign Debts on the external borrowing plan of the Federal Government at [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":8776,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_override_counter":[],"footnotes":""},"categories":[5,2],"tags":[6226,6225,371,588],"class_list":["post-24263","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking","category-national","tag-1-5-billion-loan","tag-external-loans","tag-fg","tag-senate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>BREAKING: Senate approves $1.5bn, \u20ac995m external loan for FG<\/title>\n<meta name=\"description\" content=\"The sum of $1.5 billion and Euro 995 million external loans have been approved on Tuesday by the Senate for the Federal Government.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/news\/2021\/04\/21\/breaking-senate-approves-1-5bn-euro-995m-external-loan-for-fg\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BREAKING: Senate approves $1.5bn, \u20ac995m external loan for FG\" \/>\n<meta property=\"og:description\" content=\"The sum of $1.5 billion and Euro 995 million external loans have been approved on Tuesday by the Senate for the Federal Government. The approval was\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.withinnigeria.com\/news\/2021\/04\/21\/breaking-senate-approves-1-5bn-euro-995m-external-loan-for-fg\/\" \/>\n<meta property=\"og:site_name\" content=\"NEWS PICKS \u2014 WITHIN NIGERIA\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/withinnigeria\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/SodiqAdewaleChocomilo?mibextid=ZbWKwL\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-21T14:07:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-04-21T14:50:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/03\/kunlenet07\/2021\/03\/15\/Lawan.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"784\" \/>\n\t<meta property=\"og:image:height\" content=\"521\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta 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