Nigeria, May 27 -- President Bola Tinubu has requested the National Assembly's approval to secure external loans of $21.5 million and Euro15 billion, along with a grant of €65 million, as part of the federal government's proposed 2025-2026 external borrowing plan.

The president's request was contained in a letter read by the Senate President, Godswill Akpabio, during the plenary on Tuesday.

In the letter, Mr Tinubu explained that the funds will be used to generate employment, promote skill acquisition, enhance entrepreneurship, reduce poverty, and boost food security.

He emphasised that the proposed projects and programmes are designed to have a nationwide impact, spanning all 36 states of the federation and the Federal Capital T...