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Senate Approve Tinubu $6bn Loan To Fix Ports, Cover Budget Gap

todayApril 1, 2026 1

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Senate don approve oga Presido Bola Tinubu request to borrow $6 billion from outside.

Chairmo of di Senate Committee on Local and Foreign Debts, Senator Aliyu Wamakko, clear dis mata say, Tinubu write two separate letters to Senate Presido, Godswill Akpabio, asking $5 billion from Abu Dhabi Bank for budget deficit and old debts, and $1 billion from UK Export Finance through Citibank London to fix Lagos and Tin Can Island ports.

Di mata nor too waste time for  di senate house on Tuesday, according to di senate presido, im dey impress with di committee work therefore give di approval

Written by: Ridwan Agbomeji

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