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Mar 31, 20187 min read

Senators warn against El-Rufai's loan bid

Senators warn against El-Rufai's loan bid
Galaxy TV · Local News desk · Lagos

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Senators Shehu Sani and Suleiman Hunkuyi have urged the Nigerian President, Muhammadu Buhari to stop Kaduna State Governor, Nasir El-Rufai from going ahead to collect 350million US Dollar loan from the World Bank.


This call by the two Federal Lawmakers representing Kaduna State comes on the heels of the decision of the Nigerian Senate to reject the loan request by El-Rufai as part of the State Development Policy Operation.

Sani and Hunkuyi made the call while addressing journalists in the Nigerian capital, Abuja.

Recall that the Senate on Thursday affirmed the recommendation of its Committee on Local and Foreign Debts, calling for the rejection of the World Bank Loan request which is as contained in the 2016-2018 External Borrowing Plan of President Muhammadu Buhari.

 

Report by Godfrey Obemeata

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Galaxy TV
Editorial Desk

Reporting for Galaxy TV from Lagos and Abuja, covering energy and national affairs across Nigeria and West Africa