BREAKING: Tinubu seeks Senate’s approval for fresh $516.3m loan
Thursday, April 23, 2026
President Bola Tinubu has asked the Senate to approve a new $516.3 million loan from Deutsche Bank to fund a major road project. The financing, outlined in a letter to Senate President Godswill Akpabio and read in plenary, aims to boost Nigeria’s transport infrastructure and stimulate economic activity.
President Bola Tinubu has requested the approval of the Senate for a fresh $516.3 million loan from Deutsche Bank to finance a road project. The request was contained in a letter addressed to Senate President Godswill Akpabio and read during plenary on Thursday. According to the letter, the proposed loan will be used to fund […] BREAKING: Tinubu seeks Senate’s approval for fresh $516.3m loan