Tag: Foreign loan

  • Tinubu Seeks Fresh Senate Approval for $20.5bn, €1.045bn Foreign Loans

    Tinubu Seeks Fresh Senate Approval for $20.5bn, €1.045bn Foreign Loans

    By Paul Joseph President Bola Tinubu has asked the Senate to approve external loans totalling approximately $20.52 billion and €1.045 billion to finance projects under the Federal Government’s 2026–2027 supplementary external borrowing plan. The request was conveyed in a letter read by Senate President Godswill Akpabio during plenary on Tuesday. According to the letter, the…