President Bola Tinubu has asked the Senate to approve $20.51bn and €1.45bn in external borrowing to address funding gaps in the Federal Government’s 2026–2027 supplementary borrowing plan.
The President’s request was conveyed in a letter which Senate President Godswill Akpabio read during plenary on Tuesday.
He said this was necessary to enable the Federal Government meet its obligations to Nigerians and fund critical sectors.
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