The Senate may cut short its three weeks suspension of plenary to consider a Presidential letter requesting approval of $1billion Euro bond, it was learnt yesterday.
Sources said the Presidency is asking for approval to enable government conduct a road work show.
It was gathered that the letter, which might have been endorsed by Acting President Yemi Osinbajo, was received in the Senate last Thursday after the close of session.
Senate President Bukola Saraki last week suspended plenary for three weeks to enable committees conduct 2017 budget defence sessions.
The request for approval of $I billion Euro bonds by the Presidency might have been informed by the rejection of Buhari’s plan to borrow $29.960 billion for the execution of infrastructural projects across the country between 2016 and 2018.
Last November, the Senate rejected the presidential request for external borrowing of $29.960billion for execution of key infrastructural projects across the country between 2016 and 2018.
Senate may reconvene for Buhari’s $1bn EURO bond request
