July 29, 2025
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Senate Approves Tinubu’s $21.5bn Borrowing Plan, ₦757bn Pension Arrears Bond

Senate Approves Tinubu’s $21.5bn Borrowing Plan, ₦757bn Pension Arrears Bond

The Senate has approved President Bola Tinubu’s $21.5 billion external borrowing plan for the 2025–2026 fiscal period, along with a ₦757 billion bond to clear pension arrears under the Contributory Pension Scheme (CPS). The decision…