Tinubu Requests Senate Approval For $6bn Loan
President Bola Ahmed Tinubu has formally approached the Senate, requesting approval to secure fresh external loans totaling $6 billion to support government financing needs and infrastructure development. In a letter addressed to the President of the Senate, Godswill Akpabio, and read during Tuesday’s plenary session, the president sought approval to borrow $5 billion from Abu Dhabi Bank. The funds, according to the request, are intended to cover budget shortfalls and […]
