The House of Representatives has approved President Bola Tinubu’s request to raise over $2.3 billion from external sources to part-finance Nigeria’s 2025 budget deficit, refinance maturing Eurobonds, and issue the country’s debut sovereign Sukuk in the international capital market.
The approval followed the consideration and adoption of a report presented by the Chairperson of the House Committee on Aids, Loans and Debt Management, Abubakar Nalaraba (APC, Nasarawa), during Wednesday’s plenary session.
The report, which was laid on the floor of the House on Tuesday, sought le
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