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Monday, October 12, 2026
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Tinubu Seeks Senate Approval for $6bn External Borrowing

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Tinubu Seeks Senate Approval for $6bn External Borrowing

President Bola Tinubu has asked the Senate to approve two external loan requests totalling $6 billion to support Nigeria’s budget financing needs and rehabilitate key port infrastructure. The requests were conveyed in separate letters read during Tuesday’s plenary.

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