'It's for Your Children's Future' – Tinubu Defends $20.5bn Fresh Borrowing as Nigerians Groan

'It's for your children's future' – Tinubu defends $20.5bn fresh borrowing as Nigerians groan

President Bola Tinubu has defended fresh borrowing plans by his administration, insisting that the investments will expand opportunities for future generations of Nigerians. This is contained in a statement by his Special Adviser on Information and Strategy, Bayo Onanuga, on Thursday. The president said the proposed borrowing is part of the Federal Government's 2026-2027 borrowing […] It's for your children's future' – Tinubu defends $20.5bn fre…

President Tinubu Defends External Borrowing, Cites Sustainable Economic Benefits

President Bola Tinubu has defended his administration’s external borrowing programme against criticism, particularly from opposition figures. He maintains that loans secured from international financial institutions and banks are intended to finance productive investments, stimulate economic growth and create lasting opportunities for future generations. President Tinubu asserted in an essay titled “From Reforms to Delivery: Our Infrastructure […

Tinubu Defends Borrowing Plans, Says Loans Will Build $1trn Economy, Create 250,000 Jobs - Economi Confidential

President Bola Tinubu has defended his administration’s fresh borrowings from international institutions, saying the loans are not for consumption but for investments that will expand opportunities for future generations and anchor Nigeria’s target of becoming a $1 trillion economy by 2030.

Tinubu defends new loans, outlines infrastructure plan for $1 trillion economy

Tinubu defended Nigeria’s borrowing, linking loans to major infrastructure projects and citing lower inflation, rising reserves and five economic priorities.

We Can’t Build $1tn Economy Without Borrowing For Infrastructure

President Bola Tinubu has argued that Nigeria cannot achieve its target of a $1tn economy by 2030 without substantial investment in infrastructure. Tinubu said this in response to criticism from opposition leaders over his request for National Assembly approval to borrow $20.51bn and €1.45bn to finance projects under the 2026/2027 supplementary borrowing plan. In an […] We Can’t Build $1tn Economy Without Borrowing For Infrastructure — Tinubu is…

Tinubu Defends Borrowing for Future Growth

Nigeria’s President Bola Tinubu has defended his administration’s borrowing plans, saying investments in roads, electricity, ports, healthcare and education will create jobs, boost economic growth and expand opportunities for future generations. In an essay titled “From Reforms to Delivery: Our Infrastructure Investment and Growth Strategy,” released by Bayo Onanuga, Special Adviser to the President, Information and Strategy, on Thursday, Tinubu…