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Nigerian President Seeks $1 Billion Loan To Fight Boko Haram Terrorists

7/17/2014 @ 6:36PM

Nigerian President Goodluck Jonathan plans to borrow as much as $1 billion from foreign institutions to aid Nigerian security forces in fighting the Islamist terrorist group Boko Haram. According to a report by Nigeria’s Premium Times, the Nigerian president sent a letter to Nigeria’s parliament on Wednesday seeking approval for the loan, stating that the government needed the money to “upgrade the equipment, training and logistics of the armed forces.”

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