Senate Considers Tinubu’s Plan to Borrow ₦10.79 Trillion From Abroad

Senate Considers Tinubu’s Plan to Borrow ₦10.79 Trillion From Abroad

The Nigerian Senate has begun considering President Bola Tinubu’s request to borrow ₦10.79 trillion ($7.7 billion) from foreign lenders.

The proposed loan is expected to help fund the 2026 national budget deficit.

The Senate is reviewing the request before deciding on its approval.

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