Senate to approve Tinubu’s $2.2bn loan request
The Senate is expected to approve President Bola Tinubu’s $2.2 billion (approximately N1.77 trillion) external loan request on Wednesday. The loan, part of the external borrowing plan, is aimed at financing the N28.7 trillion 2024 budget, specifically to address the ₦9.7 trillion budget deficit. Tinubu’s request was conveyed in separate letters read during Tuesday’s plenary…