Senate has rejects President Muhammadu Buhari's $29.6 billion
external borrowing plan. President Buhari had last week written to the Senate,
requesting for the approval to borrow about $30bn as 2016 – 2018 External
Borrowing Rolling Plan.
Senate Leader, Ali Ndume, the senator representing Kogi
West, Senator Dino Melaye indicated to lead a debate on the matter, but was
turned down by the Senate President, Bukola Saraki.
A voice vote was carried out, at the end of which those
rejecting turned out the loudest vote.
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