Senate Chides Nigerians Over Buhari’s $30billion Loan

Hamilton Nwosa
Writer

Ad

No king in US, no coronation in Africa, by Owei Lakemfa

By Owei Lakemfa In vain President Donald Trump cried out that he is no king, and does not intend to be one. However, many United States, US, citizens did not appear to be listening. At least some seven million of them did not believe him as they cramped into over 25,000 protest centres across 50…

Borno Gov, Zulum Raises Alarm, Says Boko Haram Now Using Drones for Attacks 

By Abiola Olawale Borno State Governor, Professor Babagana Umara Zulum, has raised an alarm over an escalation in the Boko Haram insurgency, revealing that the terrorists are now deploying sophisticated armed drones in their attacks against military formations and civilian communities. Zulum specifically cited intelligence suggesting that recent deadly assaults, including one in the Wulgo…

ABU Slams ‘Fake’ Nuclear Weapon Claims, Reaffirms Commitment to Peaceful Research

By Abiola Olawale Ahmadu Bello University (ABU) has denied allegations that it is operating a secret nuclear weapons project for Nigeria. The institution, one of the nation's premier research universities, described a viral video promoting the claim as "baseless, mischievous," and "AI-generated," designed to misinform the public and tarnish its image. ​This comes after a…

Ad

 

Senate President, Bukola Saraki has warned that the rejection of President Muhammadu Buhari’s request for a foreign loan of $30 billion should not be politicised.

Saraki spoke on Friday shortly after he joined the President for Jumat prayers at the Presidential Villa, Abula

Speaking on his purpose to the State House, Saraki said: “I came here to pray, I have finished praying and I just had a general felicitation with the President. It didn’t go beyond that.”

On the relationship with the executive regarding the loan, Saraki said, Nigerians should not look at that as a reflection of the relationship. “Don’t let us politicise very important issues. Our relationship is work in progress and has nothing to do with loans”.

The Senate had on October 25 rejected the request for external borrowing plan of $29.96 billion to finance infrastructural projects across the country between 2016 and 2018.

However, the Minister of information and Culture, Lai Mohammed had last Wednesday said that Buhari would re-present the request to the senate.

Mohammed, while briefing State House Correspondents on the outcome of the Federal Executive Council meeting, explained that the government would continue to engage lawmakers on the need for the loan.

According to him, the senators would approve the request when the government further engage them and make more details available.

He said: “It is not unusual for the government and the Senate to have some disagreements, they want more information”.

“We will continue to engage them. We will give them all the information they need”, he said.

Ad

X whatsapp