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Showing posts with the label Nigerian Politics

Tinubu Seeks Approval for $20.52bn and €1.045bn Loans

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President Bola Ahmed Tinubu has asked the National Assembly to approve a supplementary external borrowing plan involving approximately $20.52 billion and €1.045 billion to finance projects across several sectors of Nigeria's economy. The request was presented during Senate plenary on Tuesday, October 27, 2026, in a letter read by Senate President Godswill Akpabio. According to reports, the proposed financing falls under the Federal Government's 2026–2027 Supplementary External Borrowing Plan. The funds are intended to support infrastructure development and programmes covering agriculture, healthcare, education, water supply, security and other areas of national development. However, the request is still subject to legislative consideration. The Senate has referred it to the Committee on Local and Foreign Debts for further examination. How Much Is Tinubu Asking the National Assembly to Approve? The proposed external borrowing comprises two major amounts: - US dollars...

2027 Election: Nigeria’s 103 Million Voters Could Decide Who Takes Aso Rock

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 Nigeria’s 2027 presidential election is becoming a much bigger contest, with the number of registered voters now exceeding 103 million and the major presidential candidates already confirmed. Independent National Electoral Commission (INEC) has announced that nationwide collection of Permanent Voter Cards (PVCs) will begin on October 9, 2026, following the completion of the latest Continuous Voter Registration exercise. According to INEC Chairman Professor Joash Amupitan, the newly produced PVCs will be distributed to Local Government Area collection centres across the country for eligible voters to collect. The announcement came after the latest registration exercise pushed Nigeria’s total number of registered voters above 103 million. That figure could become one of the most important numbers in Nigeria’s journey toward the 2027 general elections. Why 103 Million Voters Matter Nigeria had 93,469,008 registered voters ahead of the 2023 general election, according to I...