Senate Approves Tinubu’s $21 Billion External Borrowing Plan for 2025/2026
The Nigerian Senate has approved President Bola Tinubu’s external borrowing plan, totaling over $21 billion, as part of the Federal Government’s 2025/2026 financial strategy. The comprehensive borrowing package includes $21.19 billion in direct foreign loans, €44 billion, ¥15 billion, a $65 million grant, and approximately ₦757 billion to be raised through domestic government bonds. Additionally, […]
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