Nigeria, Oct. 28 -- Anambra Central senator, Victor Umeh, has questioned the federal government's handling of previous loans, asking why contractors executing capital projects are still awaiting payment despite repeated borrowing approvals to fund projects.

Mr Umeh spoke on Channels Television's Politics Today on Tuesday in response to President Bola Tinubu's request for approval to borrow $20.52 billion and €1.045 billion.

He said the government has repeatedly framed borrowing as necessary to fund its budgets, yet it has failed to meet some of its financial obligations.

"The truth is that we have approved so much funds to be borrowed in the past, and on each occasion we've been told that this borrowing would be able to fund the ...