Tinubu Defends $20.52bn External Borrowing, Says Nigeria Must Invest In Infrastructure1

• NEWS, SLIDE
• October 30, 2026

Tinubu Defends $20.52bn External Borrowing, Says Nigeria Must Invest in Infrastructure President Bola Tinubu has defended his administration’s proposed external borrowing, insisting that loans should be assessed based on the infrastructure they deliver, the economic value they generate and their long-term benefits to Nigerians. The President made the argument in an essay titled “From Reforms