Skip to main content

Presidency Reacts To Senate’s Rejection Of Buhari’s Plan To Borrow $30bn


ABUJA- FOR unanimously rejecting plans by President Muhammadu Buhari to engage in external borrowing of $29.960billion for execution of key infrastructural projects across the country between 2016 and 2018, the presidency said Tuesday, that it would provide the Senate with the needed information.

Speaking with Journalists today, in Abuja, Senior Special Assistant to the President on National Assembly Matters, Senate, Senator Ita Enang who noted that the Executive was not at war with the upper chambers, said that the presidency would engage the senate by providing all the needed documents and materials for the approval of the loan.

Senator Enang said, “We are not disputing with the distinguished Senate. There are certain information and details which will enable them to consider in detail and appropriately the request of Mr President are contained in the plan. So we are collating that information, the budget office of the federation, the debt management office, the Minister of Budget and National Planning, Minister of Finance and the economic team they are collating the information so that they can be submitted to the Senate to enable them take the appropriate decision.

“We would be engaging the Senate. We will not be disputing with them, but we will be engaging with them. When we present a matter before the legislature, it’s for them to consider and as they have considered, more information is needed and that information they are entitled to it and we would provide.”

www.vanguardngr.com/2016/11/presidency-reacts-to-senates-rejection-of-buharis-plan-to-borrow-30bn/
Post a Comment

Popular posts from this blog

U.S. Military Helicopter Crashes In Iraq On Thursday, Killing 7 People On Board

One of the U.S. military helicopter in Iraq has crashed after hitting a power line in Iraq's western Anbar province, killing all seven personnel aboard.

According to a statement from Pentagon this morning, the officials said the crash of the HH-60 Pave Hawk helicopter occurred Thursday afternoon near the town of Qaim.

"All personnel aboard were killed in the crash," Brig. Gen. Jonathan P. Braga, director of operations, Combined Joint Task Force - Operation Inherent Resolve, said in a statement.

"This tragedy reminds us of the risks our men and women face every day in service of our nations," he said. "We are thinking of the loved ones of these service members today."

The statement further said;

Wife Of Donald Trump Junior Files For Divorce

(Reuters) - The wife of Donald Trump Jr., the eldest son of U.S. President Donald Trump, has filed for divorce in New York, according to court records.

Vanessa Trump, a former model and actress, and Trump Jr. said in a joint statement on Thursday: "After 12 years of marriage, we have decided to go our separate ways."

The statement was provided by the Trump Organization, the president's business empire, which his son helps manage.


Further details were not immediately available on the uncontested divorce filing by Vanessa Trump in a New York state court. She and Trump Jr. have "enormous respect" for each other, according to the joint statement, which also asked for privacy.

Prison Officers Secretly Move Charles Okah To Borno Prisons After Life Sentence

Charles Okah, the brother of the leader of the Movement for the Emancipation of the Niger Delta (MEND), who was given a life sentence for terrorism, has been secretly moved from Kuje Prisons, Abuja, to one of the prison facilities in Borno State, THISDAY has learnt.

Worried about his seeming familiarity with the prison environment and the officers at the Kuje Prisons, the authorities of the Nigerian Prison Service (NPS) last Tuesday transferred him quietly.