Goodluck Jonathan Seeks NASS Approval For $1bn Foreign Loan To Fight Insurgency

byCKN NEWS -
7
Jonathan seeks $1bn loan to fight Boko Haram
President Goodluck Jonathan has asked the House of Representatives to grant approval to his government to borrow an external loan of $1bn(about N165bn).The President’s letter, seeking the lawmakers’ approval to borrow the money, was read during the House’s plenary in Abuja on Wednesday.

Jonathan said the money would be used to upgrade the equipment of the Armed Forces.

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Chris Kehinde Nwandu is the Editor In Chief of CKNNEWS || He is a Law graduate and an Alumnus of Lagos State University, Lead City University Ibadan and Nigerian Institute Of Journalism || With over 2 decades practice in Journalism, PR and Advertising, he is a member of several Professional bodies within and outside Nigeria || Member: Institute Of Chartered Arbitrators ( UK ) || Member : Institute of Chartered Mediators And Conciliation || Member : Nigerian Institute Of Public Relations || Member : Advertising Practitioners Council of Nigeria || Fellow : Institute of Personality Development And Customer Relationship Management || Member and Chairman Board Of Trustees: Guild Of Professional Bloggers of Nigeria

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7 Comments

  1. Unknown16/7/14 8:27 pm

    This is another conduits of corruption. All these monies is for 2015 election. Jonathan , the ogogoro man, Nigerian has overwhelmingly rejected you .go back to Otuoke.

    ReplyDelete
  2. Anonymous16/7/14 8:46 pm

    Victory ur mama toto u will sleep and wake no more

    ReplyDelete
  3. Anonymous16/7/14 9:35 pm

    U Ar a big fool this goes to show dat u think like Jonathan, y Ar u insulting victory. We don't need people like u in ckn news platform

    ReplyDelete
  4. Unknown16/7/14 10:23 pm

    Do we really need to borrow money to fight Boko Harram? Don't we have what it takes to bring security in order in Nigeria? The president don't need to borrow nothing except he has something else in motion.

    ReplyDelete
  5. Anonymous17/7/14 8:52 am

    This GEJ is a thief GOD save we nigerians through d kind of leaders we have.

    ReplyDelete
  6. Anonymous18/7/14 8:24 am

    He should collect $1b from the $20b that is with madueke

    ReplyDelete
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