Nigerian Debt Surges As President Tinubu Sought For N17trn Loan
Nigeria’s public debt profile is expected to surge following the N162.025 trillion loan President Bola Ahmed Tinubu has sought the National Assembly’s approval for fresh borrowing’. Accordingly, the president has requested the lawmakers to approve new borrowing plans to a tune of $21.5 billion, along with €2.19 billion, 15 billion Japanese yen and a €65 million grant, as part of the federal government’s 2025–2026 borrowing framework.

