{
  "id": 18172463,
  "title": "Atiku: Tinubu’s tenure almost over, fresh debt mustn’t stand",
  "url": "https://urgent.news/2026/11/04/atiku-tinubus-tenure-almost-over-fresh-debt-mustnt-stand",
  "topic": "world",
  "section": "World",
  "published": "2026-11-04T19:04:15.000Z",
  "source": {
    "name": "Daily Trust",
    "slug": "daily-trust",
    "url": "https://dailytrust.com/atiku-tinubus-tenure-almost-over-fresh-debt-mustnt-stand/"
  },
  "original_language": "en",
  "account": "Former Vice President Atiku Abubakar has criticized President Bola Tinubu's request for Senate approval to borrow $7.7 billion to help cover Nigeria's 2026 budget deficit. According to a statement released by Atiku, the president's tenure is nearing its end, so the loan should not be approved. The statement, issued by Atiku's Strategic Communication Director Phrank Shaibu, expresses concern over the government's repeated borrowing requests. Atiku argues that every new foreign loan is a bill Nigerians will eventually have to pay, and the government should not keep presenting borrowing as a substitute for sound economic management. He asks the Senate to scrutinize the proposal, demanding a full project list, clear funding allocations, proposed loan terms, and a credible repayment plan before considering approval. Atiku calls on international agencies and lenders to stop extending new loans to Tinubu's administration until it provides transparent terms and a credible repayment plan. He also questions what Tinubu is using these loans to finance, given the government's record in infrastructure investment deficit and the worst cost of living crisis in Nigeria's history.",
  "summary": "Former Vice President Atiku Abubakar has condemned President Bola Tinubu’s request for Senate approval to borrow $7.7 billion, or approximately ₦10.79 trillion, to part-finance the 2026 budget deficit. In a statement which Phrank Shaibu, Director of Strategic Communication, ADC Presidential Campaign Council, issued on his behalf, Atiku said the tenure of the president is nearing […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Daily Post Nigeria",
        "title": "'No new universities for 7 years' - Senate blocks bills after Tinubu's directive",
        "url": "https://urgent.news/2026/11/04/no-new-universities-for-7-years-senate-blocks-bills-after-tinubus",
        "published": "2026-11-04T16:59:15.000Z"
      },
      {
        "outlet": "Punch",
        "title": "Atiku urges Senate to reject Tinubu’s $7.7bn loan request",
        "url": "https://urgent.news/2026/11/04/atiku-urges-senate-to-reject-tinubus-7-7bn-loan-request",
        "published": "2026-11-04T17:58:51.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}