{"id":198999,"date":"2025-05-28T19:18:05","date_gmt":"2025-05-28T17:18:05","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/nigeria\/nigerias-debt-to-hit-n162trn-as-president-seeks-n17trn-loans\/"},"modified":"2025-05-28T19:18:05","modified_gmt":"2025-05-28T17:18:05","slug":"nigerias-debt-to-hit-n162trn-as-president-seeks-n17trn-loans","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/nigeria\/nigerias-debt-to-hit-n162trn-as-president-seeks-n17trn-loans\/","title":{"rendered":"Nigeria&#8217;s Debt to Hit N162trn As President Seeks N17trn Loans"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"23\"><em>Nigeria&#8217;s public debt profile will rise to N162.025 trillion as President Bola Ahmed Tinubu has sought the National Assembly&#8217;s approval for fresh loans&#8217;.<\/em><\/p>\n<p class=\"story-body-text\" data-para-word-count=\"35\">The president requested the legislature to approve new borrowing plans totaling $21.5 billion, along with \u20ac2.19 billion, 15 billion Japanese yen and a \u20ac65 million grant, as part of the federal government&#8217;s 2025-2026 borrowing framework.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"51\">Using the current official exchange rate as of May 27, 2025 at N650 to $1; the proposed borrowings of $21&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202505280367.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 West Africa <a title=\"Nigeria\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/west-africa\/nigeria\/\">Nigeria<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nigeria&#8217;s public debt profile will rise to N162.025 trillion as President Bola Ahmed Tinubu has sought the National Assembly&#8217;s approval for fresh loans&#8217;. The president requested the legislature to approve new borrowing plans totaling $21.5 billion, along with \u20ac2.19 billion, 15 billion Japanese yen and a \u20ac65 million grant, as part of the federal government&#8217;s [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":199000,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[249],"tags":[258,256,6861,8032,8114,51466,51467,257,393,5761,2450,8111,254],"class_list":["post-198999","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nigeria","tag-africa","tag-africa-news","tag-debt","tag-hit","tag-loans","tag-n162trn","tag-n17trn","tag-news","tag-nigeria-news","tag-nigerias","tag-president","tag-seeks","tag-south-africa-today"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/198999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=198999"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/198999\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/199000"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=198999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=198999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=198999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}