Nigeria leader wants $1 billion loan to help fight Boko Haram


  • World
  • Thursday, 17 Jul 2014

Nigeria's President Goodluck Jonathan speaks during the groundbreaking ceremony of the Centenary City project in Abuja June 24, 2014. REUTERS/Afolabi Sotunde

ABUJA (Reuters) - Nigerian President Goodluck Jonathan on Wednesday sought approval from parliament to borrow up to $1 billion abroad to help the armed forces tackle the security threat posed by the Islamist insurgent group Boko Haram.

Jonathan, facing intense criticism at home and overseas for his government's failure to curb a spreading campaign of violence by the Islamist militants, made the request in a letter read to Nigeria's Senate and House of Representatives.

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