Tinubu seeks Reps’ approval for $20.5bn, €1.04bn supplementary external borrowing

President Bola Tinubu is seeking the approval of the House of Representatives for external loans totalling $20.52 billion and €1.045 billion under the Federal Government’s 2026-2027 Supplementary External Borrowing Rolling Plan, with the funds earmarked for infrastructure, agriculture, healthcare, education, security and employment generation.