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Tinubu writes Reps, seeks N1.15tr borrowing approval to fund 2025 budget deficit

President Bola Ahmed Tinubu has written to the House of Representatives seeking approval for a borrowing programme of ₦1.15 trillion to fund the 2025 budget deficit. In a letter addressed to Speaker Tajudeen Abbas dated October 31, 2025, the President explained the request became necessary to bridge the unfunded deficit arising from an increase in

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