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Atiku urges Senate to reject Tinubu’s fresh N10.79trn loan request

Nigerian Tribune's headline. Reported by Nigerian Tribune, Punch.

File picture: Nosa Asemota via Wikimedia Commons, CC BY-SA 4.0

What Nigerian Tribune reported

Former Vice President Atiku Abubakar has urged the Senate to reject President Bola Tinubu’s request seeking approval to secure a fresh $7.7 billion external facility—amounting to approximately ₦10.79 trillion—to partly finance the 2026 budget deficit. Reacting on Wednesday in a statement issued by P

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

Atiku urges Senate to reject Tinubu’s fresh N10.79trn loan request. Former Vice President Atiku Abubakar has urged the Senate to reject President Bola Tinubu’s request seeking approval to secure a fresh $7.7 billion external facility—amounting to approximately ₦10.79 trillion—to partly finance the 2026 budget deficit. Reacting on Wednesday in a statement issued by P Covered by 2 publications. Nigerian Tribune: Atiku urges Senate to reject Tinubu’s fresh N10.79trn loan request. Punch: Atiku urges Senate to reject Tinubu’s $7.7bn loan request.

Who is covering it

  1. Nigerian Tribune Nigeria Atiku urges Senate to reject Tinubu’s fresh N10.79trn loan request Former Vice President Atiku Abubakar has urged the Senate to reject President Bola Tinubu’s request seeking approval to secure a fresh $7.7 billion external facility—amounting to approximately ₦10.79 trillion—to partly finance the 2026 budget deficit. Reacting on Wednesday in a statement issued by P 4 h ago · Tier 3
  2. Punch Nigeria Atiku urges Senate to reject Tinubu’s $7.7bn loan request Former Vice President Atiku Abubakar has urged the Senate to reject President Tinubu’s latest $7.7bn external borrowing request, warning it will burden Nig 3 h ago · Tier 3

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

More from Nigeria

File picture: Nosa Asemota via Wikimedia Commons, CC BY-SA 4.0
Nigeria · 2027 Election 4 publications

Tinubu Seeks Senate Approval For $7.7bn External Borrowing

President Bola Tinubu has asked the Senate to approve about $7.7 billion in external borrowing to finance part of the 2026 budget, according to TVC News, Punch and Nairametrics. Nairametrics put the request at N10.79 trillion, equivalent to approximately $7.7 billion. Channels Television reported that the new request replaces an earlier $20.52 billion loan request presented last week, according to the Senate President. The sources describe the borrowing as part-financing the 2026 budget deficit, with Punch adding that it would also support key sectors. The story is developing, and the sources give no Senate decision. Summary from 4 sources

Sources differ: Channels Television says the request replaces a $20.52 billion loan request from last week, which the other outlets do not mention.

Summary from 4 sources Channels Television first also Nairametrics, TVC News, Punch

File picture: Nosa Asemota via Wikimedia Commons, CC BY-SA 4.0
Nigeria · 2027 Election 3 publications

Tinubu seeks senate approval for fresh $7.7bn foreign loan

By Henry Umoru ABUJA — President Bola Tinubu has written to the Senate, seeking approval for a fresh $7.7 billion external borrowing plan to part-finance the Federal Government’s N20.2 trillion budget deficit. The request, at an exchange rate of N1,400 to the dollar, amounts to approximately N10.78 Excerpt, Vanguard

Source Vanguard also Daily Trust, Nigerian Tribune