Nigeria debt sustainability
Reps OK $347m Loan for Lagos-Calabar Highway
The House of Representatives has approved President Bola Tinubu’s request for an additional $347 million loan under Nigeria’s 2025–2026 borrowing plan, to finance critical infrastructure projects, including the Lagos-Calabar Coastal Highway and a landmark universal communications access project. The approval, granted during plenary on Wednesday, raises Nigeria’s 2025-2026 external borrowing plan from $21.54 billion to […]