Tinubu Seeks Senate Nod for $7.7bn Fresh Loan
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President Bola Tinubu has withdrawn his earlier request to the National Assembly for $20.5 billion and €1.05 billion under the 2026–2027 Supplementary External Borrowing Plan. Instead, he has requested approval for a new external borrowing plan of $7.7 billion to finance the 2026 budget deficit partly. The funds will be used for projects in infrastructure, defense, agriculture, healthcare, power, and education.
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Tinubu seeks Senate nod for $7.7bn borrowing President Bola Tinubu has...
𝗧𝗶𝗻𝘂𝗯𝘂 𝘀𝗲𝗲𝗸𝘀 𝗦𝗲𝗻𝗮𝘁𝗲 𝗻𝗼𝗱 𝗳𝗼𝗿 $7.7𝗯𝗻 𝗯𝗼𝗿𝗿𝗼𝘄𝗶𝗻𝗴 𝗥𝗲𝗮𝗱 𝗠𝗼𝗿𝗲: https://t.co/...
BREAKING: Tinubu seeks fresh $7.7bn loan https://t.co/viEpCvkZoT
Tinubu seeks approval for new $7.7bn loan, withdraws earlier requests...
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