Tinubu writes Senate for approval to borrow fresh $6bn

President Bola Tinubu has sent a missive to the Nigerian Senate seeking support to get $5 billion.

The missive was work retired to the lawmakers by Senator Godswill Akpabio during plenary connected Tuesday.

The loan, which volition beryllium obtained from Abu Dhabi Bank, is to beryllium utilized for fund shortage and indebtedness financing, among others.

In different missive to the Senate, Tinubu is seeking support to get $1 cardinal UK/EF indebtedness installation from London Citi Bank for the rehabilitation of larboard projects, including Lagos Port analyzable and Tin Can port.

Akpabio referred the letters to the Senator Aliyu Wammakko-led Senate Committee connected Local and Foreign Debts to transportation retired legislative actions connected the petition and study backmost immediately.

Tinubu writes Senate for support to get caller $6bn