Friday 4 November 2016

Don’t politicise Senate rejection of Buhari’s $30b loan – Senate

Don't politicise Senate rejection of  Buhari's $30b loan - Senate
Senate President, Bukola Saraki

Senate President, Bukola Saraki yesterday said the rejection of Buhari’s request for a foreign loan plan of $30 billion should not be politicised. Saraki spoke shortly after he joined President Muhammadu Buhari for Jumat prayers at the Presidential Villa.
Speaking with State House Correspondents, Saraki said, “I came here to pray, I have finished praying and Ijust had a general felicitation with the President. It didn’t go beyond that”
On the relationship with the executive regarding the loan, Saraki said, “we should not look at that as a reflection of the relationship. Don't let us politicise very important issues. As we said this is work in progress”
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 President Muhammadu 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 need for the loan.
According to him, the senators would approve the request when the government further engage them and make more details available.
“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.

Source: National Mirror

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