Tinubu Writes Reps For Approval Of N10.8trn External Loan Implementation
- President Bola Tinubu asked the House of Representatives to approve implementation of N10.79 trillion in external borrowing already included in Nigeria’s 2026 budget.
- The request concerns legally required approval of the borrowing terms, rather than authorization for new borrowing.
- The borrowing would help finance the budget deficit and fund projects in defence, transportation, agriculture, power, education and health.
- The government would emphasize Eurobond issuance among several potential funding sources.
12 Articles
12 Articles
Tinubu seeks Reps' approval for N10.8trn external borrowing
President Bola Tinubu has asked the House of Representatives to approve the implementation of N10.79 trillion in external borrowing provided read more Tinubu seeks Reps’ approval for N10.8trn external borrowing
Tinubu seeks Reps approval to implement N10.79tn external borrowing plan
President Bola Tinubu has asked the House of Representatives to approve the implementation of the N10.79tn external borrowing plan in the 2026 budget. Read More: https://punchng.com/tinubu-seeks-reps-approval-to-implement-n10-79tn-external-borrowing-plan/
Tinubu seeks Reps’ approval for $7.7bn external borrowing plan in 2026 budget
President Bola Ahmed Tinubu has written to the House of Representatives, seeking legislative approval for the implementation of the N10.79 trillion ($7.7 billion) external borrowing component of the 2026 Appropriation Act.
Tinubu Asks Reps to Approve $7.7 Billion Foreign Loans
President Bola Tinubu has approached the House of Representatives for approval to raise $7.707 billion in external financing to support the implementation of the… The post Tinubu Asks Reps to Approve $7.7 Billion Foreign Loans appeared first on Latest Breaking News - News Central TV.
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