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Senate Approves Tinubu’s ₦1.15 Trillion New Loan Request — Nigeria’s 2025 Budget Deficit Hits ₦14 Trillion

The Senate has granted President Bola Tinubu approval to raise ₦1.15 trillion from the domestic debt market to cover the remaining shortfall in the 2025 national budget,Peak Newspaper reports. The decision followed the adoption of a report presented by the Senate Committee on Local and Foreign Debt during Wednesday’s plenary session. According to the committee’s […]