Tinubu Seeks NASS Approval For $20.5bn, €1.45bn Supplementary Borrowing Plan
- President Bola Tinubu asked Nigeria’s National Assembly to approve a 2026–2027 external borrowing plan involving $20.52 billion and €1.05 billion for infrastructure and development projects.
- Tinubu said the proposed funds would support agriculture, healthcare, education, water supply, security, employment and financial reforms.
- Senate President Godswill Akpabio said the request would go to the Senate Committee on Local and Foreign Debts, with possible input from the Appropriations and Finance committees.
- Tinubu also sought approval for ₦269.44 billion in promissory notes to settle verified government liabilities.
26 Articles
26 Articles
Tinubu seeks Reps’ approval for ₦269.4bn promissory notes to settle FG debts
President Bola Tinubu has asked the National Assembly to approve the establishment and expansion of the Federal Government’s Promissory Note Programme to settle outstanding verified liabilities totalling ₦269.44bn.
JUST IN: Tinubu seeks Senate approval for $20.52bn, €1.05bn external loans
President Bola Tinubu has asked the Senate to approve the Federal Government’s 2026–2027 Supplementary External Borrowing Plan, involving $20.52bn and €1.05bn, to finance infrastructure and development projects across the country. The request, which was transmitted to the National Assembly, was read by the President of the Senate, Senator Godswill Akpabio, during Tuesday’s plenary. In the Read More: https://punchng.com/just-in-tinubu-seeks-senat…
Tinubu Seeks Senate Approval for $20.52bn Foreign Loan
President Bola Tinubu has asked the Senate to approve a supplementary external borrowing plan worth $20.52 billion and €1.045 billion to fund infrastructure and development projects across Nigeria. Senate President Godswill Akpabio read the president’s letter during plenary on Tuesday. The proposal covers the 2026–2027 fiscal period and targets key sectors, including electricity, transport, agriculture, […] The post Tinubu Seeks Senate Approval …
Tinubu Writes Senate, Seeks Approval for $20.52bn, €1.05bn Loans
Tinubu Writes Senate, Seeks Approval for $20.52bn, €1.05bn Loans President Bola Tinubu has asked the Senate to approve a supplementary external borrowing plan of $20.52 billion and €1.05 billion for the 2026–2027 fiscal period. The request was conveyed in a letter addressed to Senate President Godswill Akpabio and read during plenary on Tuesday. Tinubu said […]
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