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...