A civil society organization, CSO, Centre for Social Justice, Equity, and Transparency, CESJET, has backed President Bola Tinubu's request to borrow $2.2 billion to fund capital projects. DAILY POST reports that the Senate on Thursday approved Tinubu’s request for a fresh $2.2 billion to partially finance the N9.
A civil society organization, CSO, Centre for Social Justice, Equity, and Transparency, CESJET , has backed President Bola Tinubu 's request to borrow $2.2 billion to fund capital projects.
reports that the Senate on Thursday approved Tinubu’s request for a fresh $2.2 billion to partially finance the N9.7 trillion budget deficit for the 2024 fiscal year. In the request letter sent to the National Assembly, Tinubu had explained that the loan was integral to his administration’s fiscal strategy for the coming year. The loan request attracted criticism from several quarters, with some Nigerians urging the National Assembly to reject the loan.
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