Tinubu seeks Reps’ approval for $7.7bn external borrowing plan in 2026 budget

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President Bola Ahmed Tinubu has asked Nigeria’s House of Representatives to approve $7.7 billion in external borrowing included in the 2026 budget. The proposed borrowing is part of a N10.79 trillion external-financing component.

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. The post Tinubu seeks Reps’ approval for $7.7bn external borrowing plan in 2026 budget appeared first on Vanguard News.