News
Tinubu Seeks Fresh N1.15trn Domestic Loan
President Bola Tinubu has sought the approval of the National Assembly for a fresh N1.15 trillion borrowing.
The money, which will be borrowed from the domestic debt market, was to help finance the deficit in the 2025 budget.
The President’s request was conveyed in a letter read on the floor of the Senate during plenary on Tuesday.
The letter stated that the proposed borrowing is intended to bridge the funding gap and ensure full implementation of government programs and projects under the 2025 fiscal plan.
Senate President Godswill Akpabio subsequently referred the request to the Senate Committee on Local and Foreign Debt to report back within one week for further legislative action.
Reps Query JAMB Over N3b Pension Payment, N710m Computer Spending
High Court Ruling: ADC Heads To Appeal, insists Mark, Aregbesola Remain Party Leaders
FG Blames Gas Shortage As Power Outages Hit Five States
APC Members Attacked At Ibadan LG Secretariat, Alli Blames Political Intolerance
OYO AHEAD: Senator Alli Blueprint For Oyo Renewal, By Muji Armstrong-Bello
SSACO: Makinde, Adekanmbi Dodging Questions on LG Paralysis, Poor Hospitals, 674,000 Out-of-School Children
-
News3 days agoGolden Jubilee: Osun Deputy Governor Launches ₦50m School Project At ACGS Ikirun
-
News4 days agoAcademic Integrity: University Don Raises Alarm Over Plagiarism, AI Misuse
-
News4 days agoSuspected Bandits Reportedly Kill Police Officers En Route To Zamfara
-
South West News5 days agoLate Babalaje Of Edeland: How A Businessman’s Wealth Became A Symbol Of Community Service