HoR jerk up FG’s loan from CBN to 15% as Katsina lawmaker kicks

Chairman, House Committee on Water Resources, Sada Soli, (APC, Kano) has kicked against the House of Representatives’ upward review of loan accessible to the Federal Government from the apex bank, Central Bank of Nigeria, (CBN) was moved from five to 15%.

The House made the increase following passage of a bill for an Act to Amend the Central Bank of Nigeria Act, 2007 at an emergency plenary sitting on Sunday at the National Assembly in Abuja.