National

Tinubu Defends Fresh Borrowing, Says Nigeria Needs Loans to Build $1 Trillion Economy

President Bola Tinubu has defended his administration’s plan to secure additional foreign loans, saying long-term investment in infrastructure is necessary to achieve Nigeria’s ambition of becoming a $1 trillion economy by 2030. In a statement on the government’s infrastructure investment strategy, Tinubu said the proposed loans would fund roads, electricity improvements, port upgrades and other […]