Buhari writes National Assembly for additional $500m Eurobond

President Muhammadu Buhari has written to the National Assembly seeking for another $500 million Eurobond to finance capital projects in the 2016 Budget.

This was revealed on Wednesday during the Senate plenary.

Senate had earlier in the year approved a $1 billion Eurobond requested by Buhari, also for the financing of the 2016 Budget.

Vice President Yemi Osinbajo, had requested for the same amount while Buhari was away on vacation.

Details later..