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Macroeconomy
OIL AND GAS
$4.5bn Oil-Backed Loan: Tinubu is weapon fashioned against Nigeria – Atiku
Vanguard
Aug 5, 2026 · 16:59 WAT
The National Economic Council approved a $4.5 billion refinancing of NNPC Limited’s oil-backed loan. Former Vice President Atiku Abubakar criticised the arrangement and President Bola Tinubu’s economic management, while the report provides no direct announcement involving a listed Nigerian company or specific equity.