President Bola Tinubu has asked the House of Representatives to approve a N1.15 trillion borrowing programme in the domestic debt market.
Spokesman of the House of Reps, Akin Rotimi, in a statement, said the request was received by the House on Wednesday and referred to the House Committee on Aids, Loans and Debt Management for scrutiny.
The letter conveying his request with the title “Request for the Approval of the National Assembly for a Borrowing Programme to Fund the 2025 Budget Deficit,” was dated October 31, 2025, and addressed to the Speaker of the House of Representatives, Rt. Hon. Abbas Tajudeen.