Nigeria, May 27 -- President Bola Ahmed Tinubu has approached the National Assembly with a fresh request to secure external loans amounting to $21.5 million and Euro15 billion, alongside a €65 million grant, as part of the federal government's 2025-2026 borrowing plan.

The request, unveiled during Tuesday's plenary by Senate President Godswill Akpabio, is aimed at funding nationwide initiatives to tackle unemployment, boost entrepreneurship, enhance skills, reduce poverty, and strengthen food security.

According to Tinubu's letter, the proposed projects will span all 36 states and the Federal Capital Territory, with a promise of wide-reaching socio-economic impact.

The move comes amid growing concerns over Nigeria's ballooning de...