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Tinubu seeks n’assembly approval to borrow $2.35bn, issue $500m sovereign sukuk

by chiamaka 1h ago 1 votes

President Bola Tinubu has requested approval from the House of Representatives to borrow $2.35 billion externally to fund part of the 2025 budget deficit and refinance Nigeria’s eurobonds. He also proposed issuing a $500 million sovereign sukuk in the international market to support infrastructure and broaden financing options. Do you support President Tinubu’s plan to borrow $2.35 billion and issue a $500 million sukuk for the 2025 budget?

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chiamaka
chiamaka 1h ago

__REACTION__LIKE

chiamaka
chiamaka 1h ago

This just feels like another excuse to syphon money.