Much Ado About Nigeria’s Rising Loan Profile
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President Bola Tinubu’s quest for a $516.3 million foreign loan for the construction of Sokoto–Badagry Superhighway has intensified debate over infrastructure financing and debt sustainability, as critics including ex-Vice President, Atiku Abubakar and 16th Emir of Kano, Muhammadu Sanusi II warn against Nigeria’s rising borrowing profile. Sunday Aborisade reports.
President Bola Tinubu’s formal request to the National Assembly for approval of a $516.3 million syndicated foreign loan for the S
President Bola Tinubu’s formal request to the National Assembly for approval of a $516.3 million syndicated foreign loan for the S
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