By Ononye VC
The Senate on Wednesday gave approval for the sum of ₦22.7 trillion that was spent by the executive arm of government without the initial approval of the National Assembly.
The upper legislative chamber approved the request on Wednesday, after Senate leader Ibrahim Gobir presented a report.
The ₦22.7 trillion is money borrowed by the federal government from the Central Bank of Nigeria through the “ways and means advances”.
President Muhammadu Buhari had asked the Senate to approve the sum in December 2022, but some senators—mostly of opposition parties—kicked against it.
