Don’t Politicise Senate Rejection Of $29.9bn Loan Request-Saraki

Posted on November 4, 2016
bukola-buhari
Senate President Bukola Saraki has dismissed the insinuation that government’s $29.9 billion borrowing request suffered setback in the Senate due to politics.

Saraki, who spoke to State House correspondents Friday after a closed door meeting with President Muhammadu Buhari at the Presidential Villa, Abuja, warned against politicisation of the Senate’s rejection of the request for approval to borrow the money for infrastructure development.

“I just had a general felicitation with the President. It did not go beyond that. We should not look at that (the loan request) as a reflection of the relationship between the Executive and the Legislature.

“Don’t let us politicise very important issues. As we said, this is work in progress, nothing to worry about,’’ he said.

The Senate last week voted against President Buhari’s request for the $29.96 billion foreign loan due to technical issues.

The Senate President had earlier joined President Buhari and hundreds of other Muslim faithfuls in performing the 2-Raka’at Juma’at (Friday) prayer, at the State House Mosque.

NAN also recalled that the Minister of Information and Culture, Alhaji Lai Mohammed, on Wednesday, said the executive would continue to engage the Senate on the benefits of the borrowing plan.

He expressed optimism that at the end of the day, the lawmakers would see reason and approve the President’s request.

“It is not unusual for the government and the Senate to have some disagreements; they (senators) want more information.

We will continue to engage them. We will give them all the information they need.

“We are sure that by the time we finish, they will approve the request,’’ he said.

 

(NAN)

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

The Orashi National Congress (ONC) has called on residents of Orashi Nation, including youths,... Continue
 Ojodu LCDA under the leadership of Hon. Segun Odunmbaku, actively participated in the October... Continue
WISDOM ONIEKPAR IKULI  Douye Diri came to the limelight after his election as the... Continue
ADEOLA OGUNLADE  It was an impressive display of collaboration and commitment to environmental cleanliness... Continue
CYRIACUS IZUEKWE The Lagos State Government has given all residents, employers and workers in... Continue
The United States District Court for the District of Columbia has denied a motion... Continue
Two years after Full Time Job, Phyno has returned with Let That Sink In... Continue
Hon. Mark Imoh Alphonsus, Regional Coordinator of the CityBoy Movement East Africa and founder... Continue
The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Ajayi Obasa,... Continue
The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Olanipekun Olukoyede, affirmed... Continue

UBA


Access Bank

Twitter

Sponsored