Tinubu seeks senate approval for fresh $7.7bn foreign loan
GlobeAlert Desk · curated from Vanguard Nigeria · Sub-Saharan Africa
By Henry Umoru ABUJA — President Bola Tinubu has written to the Senate, seeking approval for a fresh $7.7 billion external borrowing plan to part-finance the Federal Government’s N20.2 trillion budget deficit. The request, at an exchange rate of N1,400 to the dollar, amounts to approximately N10.78 trillion. In a letter addressed to the President […] The post Tinubu seeks senate approval for fresh $7.7bn foreign loan appeared first on Vanguard News.
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