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Makinde’s camp frowns on fresh $20.5bn, €1.04bn loan requests by Tinubu

Nigerian Tribune's headline. Reported by Nigerian Tribune, The Sun Nigeria.

File picture: LastBornOfTheGods via Wikimedia Commons, CC0

What Nigerian Tribune reported

The Makinde-Daura Presidential Campaign Organisation (MDPCO) has rejected President Bola Tinubu’s fresh requests for $20.5bn and €1.04bn in foreign loans....

The publisher's own words, quoted for review. Every outlet carrying the story is listed below with its link.

Makinde’s camp frowns on fresh $20.5bn, €1.04bn loan requests by Tinubu. The Makinde-Daura Presidential Campaign Organisation (MDPCO) has rejected President Bola Tinubu’s fresh requests for $20.5bn and €1.04bn in foreign loans.... Covered by 2 publications. Nigerian Tribune: Makinde’s camp frowns on fresh $20.5bn, €1.04bn loan requests by Tinubu. The Sun Nigeria: More troubles for Tinubu over $20.5bn loan request.

Who is covering it

  1. Nigerian Tribune Nigeria Makinde’s camp frowns on fresh $20.5bn, €1.04bn loan requests by Tinubu The Makinde-Daura Presidential Campaign Organisation (MDPCO) has rejected President Bola Tinubu’s fresh requests for $20.5bn and €1.04bn in foreign loans.... 28 Oct · Tier 3
  2. The Sun Nigeria Nigeria More troubles for Tinubu over $20.5bn loan request The Nigerian Democratic Congress (NDC) has criticised President Bola Tinubu over his request to borrow $20.52 billion and €1.045 billion. It asked how much more debt Nigeria can carry. 29 Oct · Tier 3

Headlines and excerpts are the publishers' own, shown under quotation for review and linked to the originals.

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File picture: Nosa Asemota via Wikimedia Commons, CC BY-SA 4.0
Nigeria · 2027 Election 2 publications

Tinubu defends $21.7 billion loans, says Nigeria needs infrastructure to reach $1 trillion economy

According to Nairametrics, President Bola Tinubu has defended his administration's borrowing plans, arguing that loans should be judged by the infrastructure they deliver, the economic value they create and their long-term benefits to Nigerians. BusinessDay reported that Tinubu highlighted projects including the Lagos-Calabar Coastal Highway, the Sokoto-Badagry Superhighway, the Trans-Sahara Superhighway and electricity grid upgrades, as part of a push toward a $1 trillion economy. The excerpts supplied do not give further details on the amounts borrowed or the timelines for the projects. The headline refers to $21.7 billion in loans, a figure not repeated in the excerpts provided. The two sources present the same core message and do not conflict on any figure or outcome. Summary from 2 sources

Summary from 2 sources Nairametrics first also BusinessDay