President Muhammadu Buhari has requested for the approval of the National Assembly to borrow $6.9b for infrastructural development.

Buhari in a letter read by the Senate President, Bukola Saraki said $5.8bn would be borrowed from the Chinese Exim bank for the repair of the railway transport sector.

loanbuhariHe said $1.1b would be taken from the World Bank for the North East geopolitical zone and social security program of his administration.