Sentences with phrase «eurobond requested»
There is an indication that the Upper Chamber of the National Assembly has in a closed door meeting approved $ 1 billion Eurobond requested by President Muhammadu Buhari to finance the 2016 Budget deficit.
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The letter read in part, «Accordingly, the Senate is requested to kindly approve the following external borrowings: Issuance of $ 2.5 bn in the international capital market through Eurobonds, or a combination of Eurobonds and Diaspora bonds for the financing of the Federal Government of Nigeria's 2017 Appropriation Act and capital expenditure projects in the Act.