Senate Endorses Tinubu’s $21bn Foreign Loan Proposal For 2025–2026 Budget Implementation

The Nigerian Senate has formally approved President Bola Ahmed Tinubu’s expansive external borrowing plan totaling over $21 billion, solidifying the financial groundwork for the full execution of the 2025 Appropriation Act. This extensive funding framework incorporates $21.19 billion in external loans, €4 billion in Euro-denominated funding, ¥15 billion from the Asian market, a $65 million … Continue reading Senate Endorses Tinubu’s $21bn Foreign Loan Proposal For 2025–2026 Budget Implementation