President Bola Tinubu has written to the Senate requesting approval for the Federal Government’s 2026–2027 Supplementary External Borrowing Plan, totaling $20.52 billion and €1.05 billion (approximately $21.5 billion combined), a move that could push Nigeria’s external debt burden higher as the Federal Government seeks additional funds for infrastructure and other critical sectors. The proposed borrowing comprises $20.52 billion and €1.05 billion, equivalent to approximately $21.5 billion combined. [...]