SENATE APPROVES TINUBU’S ₦1.15 TRILLION DOMESTIC BORROWING TO BRIDGE 2025 BUDGET GAP

Senate plenary session in Abuja approving domestic borrowing for Nigeria’s 2025 budget.

The Senate has approved President Bola Tinubu’s request to raise ₦1.15 trillion from the domestic debt market to cover the unfunded portion of the 2025 budget deficit. The approval followed the adoption of a report by the Senate Committee on Local and Foreign Debt during Wednesday’s plenary. The committee noted that the 2025 Appropriation Act […]