
Senate Approves President Tinubu’s $21bn Foreign Loans
LAGOS JULY 23RD (NEWSRNAGERS)-The Senate on Tuesday approved President Bola Tinubu’s external borrowing plan of over $21bn for the 2025–2026 fiscal cycle, paving the way for the full implementation of the 2025 Appropriation Act. The comprehensive borrowing package includes $21.19bn in direct foreign loans, €4bn, ¥15bn, a $65m grant and domestic borrowing through government bonds…