₦airaland Forum

NextD18:
Another means to loot from the gullible members.

Next is to tell them to buy oil or sow seeds for prevention!

Smh!!! Ndi mgbu!

Officialgarri:
I can see a part of the loan is meant for electricity.

Fellow Nigerians, what if this loan could solve electricity problem by 70%, should we not agree with the FG to take the loan?

PapaBaby:
Source

The House of Representatives has indefinitely suspended the consideration of the $22.79bn external loan request by the President, Major General Muhammadu Buhari (retd.).

The House had listed the report by its Committee on Aids, Loans and Debt Management on the 2016–2018 Federal Government External Borrowing (Rolling) Plan as the last item for consideration on the order paper for Wednesday’s proceeding.

The Speaker, Femi Gbajabiamila, however, asked that the consideration be stood down without giving a new date.

“We will step that down for today,” Gbajabiamila said, asking the Chairman, Rules and Business, Abubakar Fulata, to move for the standing down.

When asked to respond to the indefinite suspension of the loan request by the House, the Media Adviser to the Finance Minister, Mr Yunusa Abdullahi, said, “No comments please.”

The Speaker on Tuesday had announced that the loan would be considered on Wednesday.

He had made this known in reaction to a member of the House, Mr Henry Nwawuba, who presented a petition by a group of South-East elite, against the consideration and approval of the external loan.

The Senate last week approved the loan but not without protests from the opposition senators led by the Minority Leader, Enyinnaya Abaribe.

The funding agencies for the loan, according to the Senate panel, are the World Bank ($2,854,000,000), African Development Bank ($1,888,950,000), Islamic Development Bank ($110,000,000), Japan International Cooperation Agency ($200,000,000 ), German Development Bank ($200,000,000), China-Exim Bank ( $17,065,496,773), and the French Development Agency ($480,000,000).

Some of the projects to be funded with the loans are the Nigeria Electricity Transmission and Access Project ($364,000,000); Social Inclusion and Welfare Advancement project, renamed National Social Safety Net Project, ($500,000) and the Economic Reforms and Governance Project, renamed Fiscal Governance Project ($200,000,000).

Meanwhile, the Speaker on Wednesday named the committees that would interface with the Federal Government and other stakeholders on the falling prices of crude oil globally.

The House on Tuesday had raised the alarm over the sharp fall in the global oil prices, noting the adverse effect it would have on Nigeria’s economy especially the implementation of the 2020 Appropriation Act.

The House had mandated its committees on finance, petroleum, and budget and national planning to interface with the executive and report back within two weeks.

On Wednesday, Gbajabiamila said the House Committee on Appropriations chaired by Mr Aliyu Betara, should also be part of the interaction since the crude price would affect the national budget and the oil benchmark.

At the Tuesday plenary, Chairman of the House Committee on Finance, Mr James Faleke, moved a motion of urgent public importance, warning the coronavirus outbreak, causing oil prices to fall, would frustrate the 2020 budget.

Amid tumbling prices of crude oil, the Federal Government had announced plans to cut the country’s 2020 budget.

Buhari was billed to get a report on Tuesday on what his regime could do to salvage the N10.59tn budget.

The budget review committee has a primary duty to reassess the $57 oil benchmark for the budget and ultimately recommend an appropriate size.

In another development, the Speaker has set up a panel headed by Mr Abdulraheem Olawuyi to ensure proper implementation of the 2018 Appropriation Act concerning the National Assembly’s budget.

The House had on February 20 said the Federal Government owed the National Assembly and the judiciary over N22.5bn from the previous national budgets.

According to the House, the legislature and the judiciary were underpaid to the tune of N1.2bn and N833m, respectively, between January and November 2018.

The High Court of the Federal Capital Territory, Abuja has restrained the National Legal Adviser of the All Progressives Congress, Babatunde Ogala; the National Publicity Secretary, Lanre Issa-Onilu; and Waziri Bulama from taking any steps to disrupt the meeting of the APC National Executive Committee, convened by the party’s National Working Committee and scheduled for March 17.

The court, in a ruling by Justice S.U. Bature, made the restraining order on Wednesday following an ex parte application by one Mustapha Salihu.

The court also made an order “compelling the 4th defendant (APC) to give effect to the resolution of the National Working Committee convening the National Executive Committee meeting of the 4th defendant (APC) scheduled for 17th March 2020 or any subsequent date pending the hearing and determination of the Motion on Notice already filed.”

The judge granted leave to the applicant to serve originating summons on Ogala, Issa-Onilu, Bulama and the APC “by substituted means, to wit: by serving same on any adult at the office of the Deputy National Secretary of the 4th defendant at the APC National Secretariat and deem same as proper service.”

Justice Bature adjourned till March 20 to hear the Motion on Notice.

fergie001:
Alaibe should go back to Yenagoa and rest.
That's my dispassionate advice for him.

Pls Sir, I don't know whether you are a card-carrying member of the PDP or you are familiar with the PDP guidelines.

There is something Timi is harping on which is that, statutory delegates are not allowed to vote unless vetted by the National Secretariat 90 days before.

How true Sir?

fergie001:
Exactly the question I would have loved to ask.

Cherrybae:
It will get to the supreme court. Our judiciary is indeed a mockery.
The judge said this is an internal party affairs but in Rivers state, they said APC has no candidate.

I weep for our judiciary. Democracy is really in danger

fergie001:
That is my worry.....I have seen this list.

I don't know that he is complaining of.

Afamed:
You see una life.

When court makes pronouncement and it suits una narratives, the courts are working.

Immediately , there is an opposite pronouncement , which doesn't go well with PDP, judiciary goes on trial.

fergie001:
1. The issue isn't statute-barred. It was filed Sept 13, hence March 13 will make it 180 days.

2. On jurisdiction, it was first filed in Yenagoa....Alaibe asked for the case to be moved elsewhere. It went to Owerri. Alaibe also pleaded that he wasn't confident of Judge.
The CJN obliged him, and it was moved to FHC, Abuja, though the PDP didn't like it for obvious reasons.

3. He has a right to file as a candidate of that election but cases that depend on delegates list and intra-party elections are not easy to adjudicate especially when the SWC and NWC are in tandem.

It really does depend on their lawyers.

Unless I don't understand his case, the delegates list he is complaining about, is in order.

jpmoriarti:
I did. He was busy reading psalms where God protected him and perished everyone else. This is not Christianity o. Psalms contradict the essence of Christianity which is love and mercy. Anything else is evil.

Sodiquinone:
why can't Kumuyi tell his people how to protect themselves by regular washing of hands and the likes instead of giving empty promises as if Coronavirus dey look face.

fergie001:
What's the distance from Yenagoa to Third Mainland Bridge?

Mathematicians, help....

Let me goan call Prof ObuksBayelsa

Dansuqi:
Stop sypporting pdp its very shameful

fergie001:
https://punchng.com/pdp-dumps-plans-to-seek-review-of-scourt-judgments/amp/

DonFreshmoney:
When are they elevating this bulkachuwa woman to the supreme court

fergie001:
I align with all of your provisions Sir.

Where I think the SC goofed the most, was at the bolded.

In the case of Bayelsa, Eko (JSC) rightly said..give to the second withdrawal who participated in all stages of the election with the spread. The assignment went over to INEC.

In.the case of Zamfara, Galinje (JSC) also posited, give to the second with the geographical spread who participated in all stages of the election. INEC took it from there.

In this case, the judgement was explicitly wrong because it was definite. Kekere-Ekun and other panel.members were wrongly definite in throwing away Sections 179(2) of the Constitution.

Ihedioha might not be returned but there are sections of that judgement they will take back.

fergie001:
Thanks for the mention.

It was posted here sometime last week...but my head was on Bayelsa, I will take my time now.

I have my own issues with the fact that post-election cases die 74 days after the judgement of the CoA.

There is validity in the case, esp. on geographical spread.
You can overlook Electoral Act but never the Constitution. (If you want to base on technicalities)

There is a conflict here only the SC can unbundle.
Will they stick to the Electoral Act of 60 days OR will they say let's look at these errors for posterity sake.

The fact is....it's in their hands right now.

fergie001:
He knew there was no case, he just wanted to intimidate the judges.

But Aare f<ck up sha....

Afamed:
You have finally regained your voice after Atiku refused to cum

Freeman1986:
This serves Afe Bablola and Wole Right, i couldn't believe that Afe could stoop so low to file a questionable case based on fraud and forgery for review,what happened to reputation an conscience? Today I take back my respect for these two,they are not a good example to follow.

Lostz:
except dansuqi.

Senatordave should help him pay the fine

fergie001:
That's why his own is annoying me more... He brought it up for review in July 2019. It was thrown out and he is bringing it up again

He should be made to pay all PDP lawyers at least 10million naira....then we Nairalanders 10m naira each for wasting our time to go through this horsesh!t again.

He must pay from his pocket.
https://www.google.com/amp/s/punchng.com/supreme-court-strikes-out-apcs-request-for-review-of-judgment-on-partys-candidates-in-zamfara/amp/

https://www.google.com/amp/s/www.pulse.ng/news/politics/zamfara-supreme-court-rejects-apcs-request-to-review-judgement/mdvzcly.amp

Lostz:
I didn't know the case has already been reviewed before. the man should quickly withdraw on the next adjourned date.

CanadaOrBust:
(OP put your post in quotes so these people won’t keep re-posting the whole long post.
*Thanks for doing just that. Good man*)

The following is from 2 days ago. How any person with any sense of fairness and justice can read it and still be supporting that travesty of a judgment beats me. Even a non-political, non-partisan person like myself can tell it is different from any of the other cases.
Note the bolded.