Tinubu Seeks $516m Loan for Sokoto–Badagry Superhighway Upgrade
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Reported Facts
Observable data points shared across all narratives
- •President Bola Tinubu formally submitted the loan request to the Nigerian Senate on April 23, 2026.
- •The loan amount requested is $516.3 million, intended specifically for the Sokoto–Badagry superhighway construction.
- •Former Vice President Atiku Abubakar publicly criticized the loan request on April 23, 2026, urging caution against increasing Nigeria's debt burden.
- •The Sokoto–Badagry superhighway is a major infrastructure project aimed at linking the northwest and southwest regions of Nigeria.
- •The Nigerian Senate has yet to vote on the approval of this loan as of April 24, 2026.
What Could Happen If...
- ▸If the Nigerian Senate approves the $516.3 million loan the Sokoto–Badagry superhighway construction will likely proceed faster, potentially boosting trade and transportation efficiency in Nigeria's northwest and southwest regions.
Source Coverage
AFRICA
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Primary Sources (7)
AFRICAAllAfrica - TopNigeria: Tinubu Asks Senate to Approve Another $516.3 Million Loan to Construct RoadsAFRICAThisDay (Nigeria)Tinubu Seeks Senate Nod for $516m Foreign Loan to Fast-track Sokoto–Badagry Super HighwayAFRICAPunch (Nigeria)Atiku, economists raise concern over Tinubu’s $516m loan requestAFRICAVanguard (Nigeria)‘Stop reckless borrowing’, Atiku tackles Tinubu over fresh $516m highway debt