Senate Okays Tinubu’s $21.5 Billion Global Loan Request

In a major move to tackle Nigeria’s growing infrastructure deficit and pension liabilities, the Senate on Tuesday approved President Bola Tinubu’s comprehensive borrowing plan for the 2025-2026 fiscal period. The plan included a combined external loan package of $21.5 billion, €2.2 billion, and 15 billion Japanese Yen, as well as a €65 million grant. Additionally, … [Read more…]










