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Reps Approve Tinubu’s $516m Loan Request for Sokoto–Badagry Highway

Dunji Precious by Dunji Precious
April 28, 2026
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Reps Approve Tinubu’s $516m Loan Request for Sokoto–Badagry Highway
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The House of Representatives has approved President Bola Tinubu’s request to secure a $516,333,007 syndicated loan from Deutsche Bank AG.

The approval was granted during plenary on Tuesday in Abuja following the presentation of a report by the Deputy Chairman of the House Committee on Aids, Loans and Debt Management, Abdullahi Rasheed.

The facility is expected to finance sections of the proposed Sokoto–Badagry Super Highway project.

More details later…

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