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SADIQ
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Current Affairs / News
2025-05-28 07:50:08
NASS Receives Tinubu’s Request for $21.5bn Loan, ₦758bn Pension Bond
The National Assembly has received a formal request from President Bola Tinubu seeking legislative approval for an external loan of $21.5 billion and a domestic bond issuance of ₦758 billion. The loan request, outlined in a letter read on the Senate floor during plenary, is intended to fund critical sectors of the Nigerian economy—including infrastructure, healthcare, education, and water...
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Usman
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2025-05-27 15:16:20
National Assembly Receives Tinubu’s Request for $21.5bn Loan and ₦758bn Pension Bond
President Bola Tinubu has formally requested the National Assembly’s approval for a $21.5 billion external loan and a ₦758 billion domestic bond to finance key national projects and clear pension arrears. During Tuesday's plenary session, the Senate read the President's letter, which outlined plans to fund critical sectors such as infrastructure, healthcare, education, and water supply....
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