Senate yesterday approved President Bola Tinubu’s request to raise an additional N1.15 trillion through domestic borrowing to plug the funding shortfall in the 2025 Appropriation Act. The approval followed the consideration and adoption of the report of the Senate Committee on Local and Foreign Debts, which reviewed the financial implications of the increased budget size and identified a resultant deficit. Equally, House of Representatives approved the president’s new borrowing plan of N1.15 trillion................... . . . . . . . READ MORE