The Senate President, Godswill Akpabio, read a letter containing the president’s request during Wednesday’s plenary.
The proposal aims to secure the sum of $7.8 billion and €100 million, earmarked for different projects and initiatives across various sectors of Nigeria’s economy.
They include infrastructure development, agricultural advancement, bolstering security, fostering employment opportunities, and enhancing healthcare, among others.
Tinubu, had also in his letter to the Upper chamber, disclosed that the World Bank Group had expressed interest in providing support of $1 billion and $2 billion for the mitigation of economic challenges and recent reforms confronting the country.
Also on Wednesday, the Red Chamber, approved the appointment of seven of the nominees of President Tinubu as Residents Electoral Commissioners.
Tinubu had also requested for confirmation of the Nomination of the 10 Resident Electoral Commissioners for the Independent National Electoral Commission (INEC) in accordance with the provisions of Section 154(1) of the constitution.
Akpabio, announced the President’s nominees Wednesday prior to commencement of their screening.
The nominees approved are Mr Etekamba Umoren – Akwaibom; Mr Isha Ehimeakne from Edo; Barr. Oluwatoyin Babalola- Ekiti; Mr Abubakar Ahmed – Gombe; Shehu Wahab – Kwara; Aminu Idris – Nasarawa; Mohammed Abubakar Sadiq – Niger.
The remaining three nominees were absent at the screening.