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BREAKING: Senate in emergency closed session over Buhari’s $22.7bn loan request - Politics - Nairaland

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BREAKING: Senate in emergency closed session over Buhari’s $22.7bn loan request by Nobody: 1:49pm On Mar 05, 2020
There was tension on the floor of the Senate on Thursday following the insistence of the opposition senators to know details of the $22.7bn foreign loan request from the President, Major General Muhammadu Buhari (retd.)

Buhari had asked the eighth National Assembly to approve $29.96bn for his regime but Senator Bukola Saraki’s leadership of the Senate threw the document away then because no detail accompanied the request.

The request was presented again by the Buhari regime last December but was reduced to $22.7bn, claiming that the eighth National Assembly actually approved about $6bn out of the money.

Trouble started on Thursday when the Chairman of the Local and Foreign Loans Committee, Senator Clifford Ordia, submitted the report without the details of the projects to be funded with the money.

The Minority Leader, Senator Enyinnaya Abaribe, drew the attention of the Senate to the anomaly and requested the President of the Senate, Ahmad Lawan, to allow a clause by clause consideration of the loan request.

His suggestion was turned down by Lawan who said the report of the panel should not be subjected to debate, based on the rules of the Senate.

Obviously uncomfortable with the position of Lawan, Abaribe warned the presiding officer that going ahead to hoodwink the Senate into passing the multi-billion dollar loan request without the details would spell doom for the country.

The matter degenerated into a serious tension with the senators viewing the development along partisan lines.

The leader of the Senate, Yahaya Abdullahi, then heeded the suggestion of Senator Gabriel Suswan that the Senate go into executive session for 15 minutes to enable the red chamber to resolve the confusion.
https://punchng.com/breaking-senate-in-emergency-closed-session-over-buharis-22-7bn-loan-request/
Re: BREAKING: Senate in emergency closed session over Buhari’s $22.7bn loan request by helinues: 1:50pm On Mar 05, 2020
Heh heh

You remember that N37bn approved by FG for NASS renovation?

Your guess is good as mine...

2 Likes

Re: BREAKING: Senate in emergency closed session over Buhari’s $22.7bn loan request by Witcher(f): 1:50pm On Mar 05, 2020
The best president of Nigeria
God bless president Buhari
God bless Nigeria

Re: BREAKING: Senate in emergency closed session over Buhari’s $22.7bn loan request by jay2pee(m): 1:56pm On Mar 05, 2020
Hmmmm
Re: BREAKING: Senate in emergency closed session over Buhari’s $22.7bn loan request by Abfinest007(m): 1:56pm On Mar 05, 2020
saraki where are u
Re: BREAKING: Senate in emergency closed session over Buhari’s $22.7bn loan request by NextD18: 1:58pm On Mar 05, 2020
Meeting upon meeting without anything positive to boast of.

Same shiit of yesterday!
Same shiit happening today!
Same shiit that will happen tomorrow.
Re: BREAKING: Senate in emergency closed session over Buhari’s $22.7bn loan request by knightsTempler: 1:58pm On Mar 05, 2020
Off topic

If US can offer 2.5 Billion Naira on Shekau's head; I challenge @MBuhari to increase the volume and add one of Abachas loot to make it a total of 5 Billion Naira. I'm 100% sure Shekau won't last 1 month more in Sambisa forest. Mr "Integrity" you are not doing well!!!
Re: BREAKING: Senate in emergency closed session over Buhari’s $22.7bn loan request by Davash222(m): 2:00pm On Mar 05, 2020
Witcher:
The best president of Nigeria
God bless president Buhari
God bless Nigeria
Pray for sense, oremi.

1 Like

Re: BREAKING: Senate in emergency closed session over Buhari’s $22.7bn loan request by GOFRONT(m): 2:01pm On Mar 05, 2020
They are just Toying with our yams...
Re: BREAKING: Senate in emergency closed session over Buhari’s $22.7bn loan request by otipoju(m): 2:02pm On Mar 05, 2020
Buhari ride on sir.
You will always be remembered for what you really are.
Re: BREAKING: Senate in emergency closed session over Buhari’s $22.7bn loan request by ZombieHUNT: 2:02pm On Mar 05, 2020
Witcher:
The best president of Nigeria
God bless president Buhari
God bless Nigeria

Buhari destiny is to bankrupt and wreck the country.

They will tell you customs revenues have tripled... They will tell you about Abacha loot
Re: BREAKING: Senate in emergency closed session over Buhari’s $22.7bn loan request by Okoroawusa: 2:03pm On Mar 05, 2020
knightsTempler:
Off topic

If US can offer 2.5 Billion Naira on Shekau's head; I challenge @MBuhari to increase the volume and add one of Abachas loot to make it a total of 5 Billion Naira. I'm 100% sure Shekau won't last 1 month more in Sambisa forest. Mr "Integrity" you are not doing well!!!
Offpoint... this guy is calling you
Re: BREAKING: Senate in emergency closed session over Buhari’s $22.7bn loan request by lilprinze: 2:07pm On Mar 05, 2020
By the time Buhari and APC are done with Nigeria, there would be nothing left.
Re: BREAKING: Senate in emergency closed session over Buhari’s $22.7bn loan request by ERockson: 2:08pm On Mar 05, 2020
Why will they give details of the loan and how they intend to utilize it. Don't forget Lai Muhammad needs $500m from the loan in order to compete with CNN and BBC. Those are the stupidd contents of the loan they are so ashamed to show Nigerians. I can assure you that with the recent approval by the President to renovate National Assembly with billions of naira, This loan will definitely get approve regardless of Nigerians outcry. Only God can judge Mr 'Integrity'
Re: BREAKING: Senate in emergency closed session over Buhari’s $22.7bn loan request by socialmediaman: 2:10pm On Mar 05, 2020
Discussing what’s in it for them? Obviously the legislooters don’t give a hoot about what he does with the money or how it benefits Nigerians!

Nigeria is a cash cow to anyone who gets into or close to government, simple!
Re: BREAKING: Senate in emergency closed session over Buhari’s $22.7bn loan request by Offpoint: 2:18pm On Mar 05, 2020
Okoroawusa:
Offpoint... this guy is calling you
Lol, today's an happy... Iwee maintain

1 Like

Re: BREAKING: Senate in emergency closed session over Buhari’s $22.7bn loan request by APCNig: 2:38pm On Mar 05, 2020
Borrow more money Mr. President and use for infrastruture. The next government is coming in to loot either it is Tinubu oooo, Osinbajo oooo or any Igbo man (God forbid), anyone that is coming in as next President is coming to loot. However, when there are plenty loans to be serviced, there will be less to be looted but the infrastructure built with the loans taken today will be enjoyed by Nigerians forever. If however, Buhari collect loans and allowed the thieves and hawks around him to embezzle the loans, then Ogun, Sango, Obatala, Aiyelala, Osun and Esu Laalu Ogiri-Oko will strike them all.

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