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Senate approves Tinubu’s request to borrow another $516.3m for road project

Senate approves Tinubu’s request to borrow another $516.3m for road project

The Senate on Wednesday approved President Bola Tinubu’s request to secure a $516.3 million loan from Deutsche Bank AG to finance the construction of the Sokoto–Badagry Superhighway, a flagship infrastructure project under his Renewed Hope Agenda. The loan will have a tenure of nine years, including...

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Verified on Apr 29, 2026

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