The Nigerian Senate has approved President Bola Tinubu's request to raise ₦1.15 trillion from the domestic debt market to cover the unfunded portion of the 2025 budget deficit. This approval followed the adoption of a report by the Senate Committee on Local and Foreign Debt during a plenary session on November 11, 2025. The 2025 Appropriation Act was revised to a total expenditure of ₦59.99 trillion, an increase of ₦5.25 trillion from the initial ₦54.74 trillion proposed by the Executive, leading to a total budget deficit of ₦14.10 trillion. Of this, ₦12.95 trillion had already been approved for borrowing, leaving an unfunded deficit of approximately ₦1.15 trillion.
The Senate urged the Federal Ministry of Finance and the Debt Management Office to ensure that the borrowed funds are used strictly for their intended purposes within the 2025 fiscal year. The Senate Committee on Appropriations was also directed to intensify oversight on the proper implementation of funds to prevent misuse.
On the security front, Nigeria continues to face significant challenges with terrorism and banditry. Government responses have focused on military operations, intelligence enhancements, and community partnerships to combat these threats, but the security situation remains volatile, especially in the Northwest and Northeast regions.
Regarding imagery, while detailed official photos of the Senate session approving the loan exist within news portals, visual content related to terrorism situations primarily consists of government press releases and security operation images, with restricted access due to the sensitive nature of these issues.
