Tinubu seeks Senate approval for fresh $516m loan.
President Bola Tinubu has formally requested the approval of the Senate to secure a fresh loan of $516,333,070 to support ongoing infrastructure development. In a letter addressed to the President of the Senate, Godswill Akpabio, the President explained that the proposed loan is to be sourced from Deutsche Bank. The funds are intended to finance aspects of the already approved borrowing plan tied to the Sokoto–Badagry 1,000-kilometre Super Highway project, […]