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Amid an Unprecedented Debt Crisis, Nigeria’s House of Reps Approves $23 Billion of New Loans — Mostly From China

The Nigerian House of Representatives. Image via @HouseNGR.

Nigeria’s House of Representatives approved a request by President Mohammadu Buhari to borrow an additional $22.7 billion from international creditors. 

Tuesday’s House vote follows earlier approval by the Senate.

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