• News
  • Business
  • Politics
  • Arts/Life
  • Investigations
  • World
  • Beauty Tips
  • Health
  • Sport
  • About
  • Contact
Thinkers Newspaper
Advertisement
  • News
  • Business
  • Politics
  • Arts/Life
  • Investigations
  • World
  • Beauty Tips
  • Health
  • Sport
  • About
  • Contact
No Result
View All Result
  • News
  • Business
  • Politics
  • Arts/Life
  • Investigations
  • World
  • Beauty Tips
  • Health
  • Sport
  • About
  • Contact
No Result
View All Result
Thinkers
No Result
View All Result

Confusion in Senate over Buhari’s borrowing plan of $22bn

by Thinkers
05/03/2020
2 min read
0
Delay in ministerial appointment won’t affect 2020 budget – Lawan
0
SHARES
Share on FacebookShare on Twitter

THERE is confusion in the Senate today as Senators begin discussions details of the 2016- 2018 External Borrowing to the tune of $22.7 billion to be spent by the Federal Government to execute key infrastructural projects.

Confusion set in soon after the presentation of the report of the Committee on Local and Foreign Debts by the Chairman, Senator Clifford Ordia, Peoples Democratic Party, PDP, Edo Central. After the presentation, the President of the Senate, Senator Ahmad Lawan insisted that the lawmakers should go to the recommendations and vote.

RelatedPosts

Kaduna youth turnout affirms support for Tinubu — City Boy Movement

NSCIA urges Muslims to register, vote in 2027 elections

CJN warns judges against political bias ahead of 2027 polls

This did not go down well with the Minority Leader, Senator Enyinnaya Abaribe, PDP, Abia South who raised it that there must be line by line consideration of the report and the recommendations before the voting process. The chamber became tensed as the debate was now between Lawan and Abaribe.

There was sharp disagreement between them against the backdrop that while the President of the Senate wanted an outright approval of the loan, the Minority vehemently kicked against that.

To save the situation, Senator Gabriel Suswam, PDP, Benue asked that the Senate should go into an Executive session for ten minutes where those knotty issues of lopsided allocation of projects would be resolved. But the President of the Senate rejected the call for a closed session, stressing that this would have happened prior to plenary session, adding, “we are at the point of no return” This did not go down well with Abaribe as he stood up to speak again where he now cited Order 14(C) of the Senate Standing Orders as Amended.

Lawan now made U-Turn on his position and now called for a closed-door session. They now entered into a closed session at 12.40 and still ongoing. Recall that President Muhammadu Buhari, had on November 28, written to the Senate, again requesting for the approval of 2016- 2018 External Borrowing to the tune of $30 billion to be spent by the Federal Government to execute key infrastructural projects across the country.

The letter, which was dated November 26, 2019, was read on the floor of the Red Chamber by the President of the Senate, Ahmad Lawan, during plenary. In the letter, President Buhari explained that it became imperative to represent the request because the Eighth National Assembly approved only a part of the External Borrowing request forwarded to it in September 2016.

Vanguard Nigeria News

Previous Post

Coronavirus: Seek information only from trusted sources, UNICEF urges Nigerians

Next Post

Buhari’ll complete legacy projects in southeast - Presidency

Thinkers

Thinkers

Related Posts

Tinubu performs Umrah, prays for sustainable peace, harmony in Nigeria
News

Tinubu performs Umrah, prays for sustainable peace, harmony in Nigeria

30/10/2026
Tinubu pushes local government autonomy, says grassroots governance key to national development
Business

Tinubu: Borrowing must deliver jobs, infrastructure, $1 trillion economy

30/10/2026
Tinubu departs Abuja for Makkah to pray for Nigeria
News

Tinubu departs Abuja for Makkah to pray for Nigeria

28/10/2026
FEC approves N45.8 billion airport surveillance system to detect Ebola, other pathogens
News

FEC approves N45.8 billion airport surveillance system to detect Ebola, other pathogens

28/10/2026
Kaduna youth turnout affirms support for Tinubu — City Boy Movement
Politics

Kaduna youth turnout affirms support for Tinubu — City Boy Movement

28/10/2026
NSCIA urges Muslims to register, vote in 2027 elections
Politics

NSCIA urges Muslims to register, vote in 2027 elections

08/10/2026
Next Post
Photos: President Buhari receives President Of Burkina Faso H.E Kabore

Buhari’ll complete legacy projects in southeast - Presidency

Obasanjo playing politics with letter to Buhari – Tinubu

2023 and Tinubu’s rumoured interest

Commentary on Africa CEO forum and Intl. Women’s Day

Commentary on Africa CEO forum and Intl. Women’s Day

Leave a Reply Cancel reply

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

Browse by Category

  • About Us
  • Arts/Life
  • Beauty Tips
  • Birthdays
  • Business
  • Did you know?
  • Education
  • Extraordinary Women
  • For The Record
  • Health
  • Interviews
  • Investigations
  • Labour
  • Mobile
  • News
  • Opinion/Columns
  • Photos
  • Politics
  • Press Releases
  • Reuben Abati
  • Short and Sharp
  • Special Reports
  • Sport
  • Strange World
  • Thinkers Magazine
  • Thinkers Magazine Beauty Tips
  • Thinkers Magazine Entertainment
  • Thinkers Magazine Foreign
  • Thinkers Magazine Health
  • Thinkers Magazine Media
  • Thinkers Magazine Opinion
  • Thinkers Magazine Personality
  • Thinkers Magazine Politics
  • Thinkers Magazine Royalty
  • Thinkers Magazine Security Watch
  • Thinkers Magazine Sport
  • Thinkers Magazine The Nation
  • Thinkers Magazine Weddings
  • Thinkers TV
  • Uncategorized
  • Videos
  • Women
  • World

Recent News

Tinubu performs Umrah, prays for sustainable peace, harmony in Nigeria

Tinubu performs Umrah, prays for sustainable peace, harmony in Nigeria

30/10/2026
Tinubu pushes local government autonomy, says grassroots governance key to national development

Tinubu: Borrowing must deliver jobs, infrastructure, $1 trillion economy

30/10/2026
Tinubu departs Abuja for Makkah to pray for Nigeria

Tinubu departs Abuja for Makkah to pray for Nigeria

28/10/2026
FEC approves N45.8 billion airport surveillance system to detect Ebola, other pathogens

FEC approves N45.8 billion airport surveillance system to detect Ebola, other pathogens

28/10/2026
Kaduna youth turnout affirms support for Tinubu — City Boy Movement

Kaduna youth turnout affirms support for Tinubu — City Boy Movement

28/10/2026
  • News
  • Business
  • Politics
  • Arts/Life
  • Investigations
  • World
  • Beauty Tips
  • Health
  • Sport
  • About
  • Contact

© 2019 Thinkers Newspaper All Rights reserved

Designed by Codify Solution

No Result
View All Result
  • News
  • Business
  • Politics
  • Arts/Life
  • Investigations
  • World
  • Beauty Tips
  • Health
  • Sport
  • About
  • Contact

© 2019 Thinkers Newspaper All Rights reserved

Designed by Codify Solution

Thinkers Newspaper