Monday, April 6, 2026
Politics

President Tinubu Requests National Assembly's Nod for $6 Billion Foreign Loans

President Bola Tinubu has submitted a request to the National Assembly for approval of external loans amounting to $6 billion. The letters outlining this request were presented to Senate President Godswill Akpabio during a plenary session on March 31.

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Bola TinubuExternal LoansNational AssemblyNigeria

President Bola Tinubu has formally approached the National Assembly seeking consent for external loans that total $6 billion.

President Tinubu seeks National Assembly approval for $6bn external loans

This request was communicated in two distinct letters directed to Senate President Godswill Akpabio, who presented them during today's plenary on March 31.

Details regarding the purpose and conditions of these loans have not yet been revealed.

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