President Tinubu’s Borrowing Hits ₦94.5 Trillion in Two Years if Latest Loan Request is Approved
President Bola Ahmed Tinubu’s administration could see Nigeria’s total debt rise to a staggering N94.5 trillion in under two years if the latest external borrowing request of $21.5 billion, €2.2 billion, and ¥15 billion — equivalent to N45 trillion — is approved and fully disbursed. The new borrowing proposal, submitted in May 2025, seeks legislative…

