President Jonathan is seeking $1billion loan to fight Boko Haram. In a
letter sent to the House of Representatives this morning, President
Jonathan asked the Rep members to approve a request
for an external loan of $1billion (about N165billion) which would be
used to
upgrade the equipment of the Armed Forces in the fight of the insurgent
group, Boko Haram. The letter was read this morning during the house
plenary session.