President Bola Tinubu is seeking a $516.3 million loan for the Sokoto–Badagry Superhighway, sparking discussions on infrastructure funding and debt sustainability. Critics, including former Vice President, are voicing concerns over Nigeria's rising loan profile.
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The Briefing Africa
April 29, 2026 · 07:13 · 5 min read
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President Bola Tinubu is seeking a $516.3 million loan for the Sokoto–Badagry Superhighway, sparking discussions on infrastructure funding and debt sustainability. Critics, including former Vice President, are voicing concerns over Nigeria's rising loan profile.
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The debate surrounding Nigeria's increasing loan profile highlights the tension between the need for infrastructure development and the risks associated with rising national debt. Stakeholders are divided on the implications of such loans for the country's economic future.