Senate President, Ahmad Lawan, at yesterday’s plenary read a letter in which President Muhammadu Buhari is seeking the approval of the Senate, for a new loan request of $800 million.

Correspondent, Raliat Adenekan reports that the President’s request followed the Federal Government’s April announcement of an $800 million World Bank grant targeting 50 million vulnerable Nigerians (or 10 million households), as part of its “subsidy palliatives” measures.

According to the Finance Minister, Zainab Ahmed, the disbursement of the grant is in light of the planned fuel subsidy removal in June 2023.

In another letter, the President transmitted a Bill for the establishment of the Nigeria Police Force College Training School and Institution, for consideration and approval by the Senate.