2025 Budget Archives

Senate Approves Tinubu’s ₦1.15tr Loan Request for 2025 Budget

Miracle Aje1 month ago1 month ago03 mins

The Nigerian Senate has approved President Bola Tinubu’s ₦1.15 trillion loan request from the domestic debt market to fund the 2025 budget. The Tinubu loan aims to cover the current budget deficit and ensure continuous implementation of critical national projects. The approval followed the adoption of a report by Senator Manu Haruna (APC–Taraba), Vice Chairman…

Tinubu Seeks ₦1.15tr Loan for 2025 Budget

Miracle Aje2 months ago2 months ago02 mins

President Bola Tinubu has asked the National Assembly to approve a new ₦1.15 trillion loan to support the 2025 budget. His letter to lawmakers, read by Senate President Godswill Akpabio during Tuesday’s plenary, outlined the purpose of the request. Tinubu said the domestic loan would cover part of the budget deficit and ensure the full…