President Tinubu seeks House of Reps approval for N10.79 Trillion external borrowing
Home > market news
Financial News
President Tinubu seeks House of Reps approval for N10.79 Trillion external borrowing
12 Nov, 2026
President Bola Tinubu has written to the House of Representatives seeking statutory approval to implement the N10.79 trillion external borrowing provided for in the 2026 Appropriation Act. The President said the proposed borrowing would partially finance the 2026 budget deficit and support the implementation of projects captured in the Appropriation Act. The request was contained in a letter from Tinubu, which was read on the floor of the House during plenary by Speaker Tajudeen Abbas..…....................READ MORE
We use cookies on our websites to improve your user experience and our services, and to analyze the use of our website.
In accordance with NDPR, continuing to use this platform indicates your consent to the processing of your
personal data by Osborne Capital Markets Limited and our partners as detailed in our Privacy Policy.
To learn more, read our Privacy Policy and Data Consent Policy