House Divided: Tensions Rise Over Tinubu’s $2.2bn Loan Request

House Divided: Tensions Rise Over Tinubu’s $2.2bn Loan Request

President Tinubu seeks House approval for $2.2bn to bridge the N9.7tn 2024 budget deficit. The Senate has already approved the request, sparking potential debates in the House.……READ MORE 

House Deputy Spokesperson Philip Agbese emphasized that the chamber would approve the loan if allocated to capital projects. He reassured Nigerians of adherence to due processes and transparency.

While the ruling APC supports the borrowing, the minority caucus cautions against the rising debt burden and demands detailed justification before approval.

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