Reps Approve Tinubu’s Request To Borrow $2.35bn, Issue $500m Sovereign Sukuk

The House of Representatives has approved President Bola Tinubu’s request to borrow $2.35 billion to help cover part of Nigeria’s 2025 budget deficit. The Lawmakers also gave approval for the president to issue a $500 million sovereign sukuk in the international capital market. The move is aimed at raising funds for key infrastructure projects and […]

  Entertainment   Oct 29, 2025   0   5  Add to Reading List
Reps Approve Tinubu’s Request To Borrow $2.35bn, Issue $500m Sovereign Sukuk
The House of Representatives has approved President Bola Tinubu’s request to borrow $2.35 billion to help cover part of Nigeria’s 2025 budget deficit. The Lawmakers also gave approval for the president to issue a $500 million sovereign sukuk in the international capital market. The move is aimed at raising funds for key infrastructure projects and […]
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