Tinubu Seeks NASS Approval for $21.5bn Loan
President Bola Ahmed Tinubu has formally approached the House of Representatives, seeking approval for a new external borrowing plan worth over $21.5 billion, alongside a ₦757.9 billion domestic bond issuance intended to address outstanding pension obligations. In his letter to the Green Chamber, the President outlined the necessity of the proposed 2025–2026 borrowing framework, citing