Tinubu Requests NASS Approval for $2.8 Billion Loan and $500 Million Sukuk to Power 2025 Budget
President Bola Ahmed Tinubu has formally sought the House of Representatives’ consent to secure .3 billion in fresh external loans and to refinance existing debt,...
President Bola Ahmed Tinubu has formally sought the House of Representatives’ consent to secure .3 billion in fresh external loans and to refinance existing debt, alongside launching a $500 million inaugural sovereign Sukuk on the global capital markets. This appeal was conveyed through a letter presented by Speaker Tajudeen Abbas during Tuesday’s House session. The...