Senate to approve Tinubu’s $2.2bn loan request today

The Senate will approve the $2.2bn (about N1.77tn) loan request of President Bola Tinubu today (Wednesday). This request, submitted by the President, is part of the external borrowing plan outlined for implementing the N28.7tn 2024 budget. In separate letters read during the Senate and House of Representatives plenary on Tuesday, Tinubu explained that the loan