By Onyeanya Ebere Immaculata
President Bola Tinubu has asked the Senate to approve a ₦1.15 trillion domestic loan to fund the 2025 budget deficit.
His request, contained in a letter read by Senate President Godswill Akpabio on Tuesday, said the borrowing would help bridge the budget gap and ensure smooth implementation of government programmes.
The Senate referred the proposal to its Committee on Local and Foreign Debt, chaired by Senator Aliyu Wammako, for review and report within one week.