ArticleReps Approve Tinubu’s Borrowing Plan: $2.35 bn Loan Request and $500 m Sovereign Sukuk
Nigeria’s House of Representatives has approved President Tinubu’s request to borrow US $2.35 billion and issue a US $500 million sovereign sukuk — part of a push to bridge the 2025 budget gap, diversify funding sources and re-structure Nigeria’s sovereign debt.