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Tinubu asks Senate to approve $20.5bn, €1.04bn foreign loans

📍 Abuja, Nigeria, NG·🕐 1h ago·4 outlets

President Bola Tinubu has asked the Senate to approve $20.51bn and €1.45bn in external borrowing to address funding gaps in the Federal Government’s 2026–2027 supplementary borrowing plan. The President’s request was conveyed in a letter which Senate President Godswill Akpabio read during plenary on Tuesday. According to the letter, the requested funds—specifically $20,517,755,901 and €1,045,083,643—are…

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Reliability
91%

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