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APM Urges World Bank to Halt New $1.5bn Loans to Nigeria

The party cited Nigeria’s public debt of ₦166.79 trillion and said new borrowing would deepen hardship and weaken repayment capacity.

The President Bola Tinubu-led federal government is currently in discussions with the World Bank on three proposed financing facilities totalling $1.5 billion.

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Bias Distribution

  • 75% of the sources lean Left
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Vanguard News broke the news in Nigeria on Tuesday, September 29, 2026.
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