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BREAKING: NASS Receives President Bola Tinubu’s Request For $21.5 billion Loan and ₦758 billion Pension Bond
The National Assembly has received a formal request from President Bola Tinubu seeking approval for a $21.5 billion external loan and a ₦758 billion domestic bond to settle outstanding pension liabilities
The request, aimed at financing critical projects across various sectors of the economy—particularly infrastructure, health, education, and water supply—was read on the floor of the Senate during plenary today.
It has been referred to the Senate Committee on Local and Foreign Debts for further legislative scrutiny, with a report expected within two weeks.