Connect with us

News

JUST IN: Senate Rejects FG’s Proposal To Borrow N82 Billion

Published

on

The Senate has rejected a proposal by the Federal Government of Nigeria to borrow $200 million (N82 billion naira) to buy mosquito nets.

According to a recent report by The Punch, a member of the Senate Committee on Health, Gershom Bassey on Tuesday, opposed the move during the 2022 Budget defence presented by the Ministry of Health.

Senator Bassey told the Permanent Secretary of the Health Ministry, that the proposal to borrow 82 billion naira ($200 million) at the official exchange rate of 410 naira to a dollar, to buy mosquito nets was outrageous.

The committee further demanded the total needs of the Ministry to determine if there was a need for borrowing such amount.

Meanwhile, the Executive Director of the National Primary Health Care Development Agency, Faisal Shuaib, revealed that the 82 billion naira was for importation and local production of mosquito nets.

For advert placements, sponsorship, media (Music/Video) promotions, or to share breaking News stories with us, contact; +2347059964320 or +2347062811394 aprokoadvert


READ ALSO:  FG To Pay Students Studying Educational Courses Stipends Per Semester

Ojogwu Godwin Chukwudi hailed from Delta State. A young talented personality, Alumnus of Delta State university,Abraka Studied Library and information science. He is an intellectual cyber communicator expert and a prolific blogger professional.

Trending