Skip to main content

$30bn loan: Buhari and Saraki meet



President Muhammadu Buhari and the President of the Senate, Bukola Saraki, on Friday met behind closed door again in continuation of consultations on the President’s $30bn loan request which was rejected by the Senate recently.

That was the third time the two leaders will be meeting within one week on the issue.

They had earlier met on Friday last week and Wednesday.


Like the Wednesday meeting, journalists were not allowed to cover the meeting of Friday which was described as private.

The meeting was held inside the President’s office shortly after Saraki joined Buhari for the Jumat prayers inside a mosque located inside the Presidential Villa, Abuja.

The meetings are coming  after the Senate rejected Buhari’s request for approval to take $30bn foreign loan.

The Senate had also dismissed the Medium Term Expenditure Framework submitted to it for approval, describing it as “empty.”

The document was said to have been returned to the Executive.

Saraki had after the last Friday meeting told State House correspondents that the issue of the foreign loan was work in progress.

He had warned Nigerians not to see the issue of the loan as a reflection of the kind of relationship between the Executive and the National Assembly.

Comments

Popular posts from this blog

Buhari confirms appointment of Niger Delta Power Holding’s CEO

President Muhammadu Buhari has approved the appointment of a substantive Managing Director/Chief Executive Officer and two Executive Directors for the Niger Delta Power Holding Company Limited (NDPHC). Joseph Chiedu Ugbowho was in an acting capacity is now the substantive Managing Director/Chief Executive Officer of the company. Others are Mallam Babayo Shehu, Executive Director (Finance and Administration) and Engr. Ife Oyedele, Executive Director (Engineering and Technical Services). A statement signed by Bolaji Adebiyi, Director (Press),Office of the Secretary to the Government of the Federation, said Mr. Ugbo is a legal practitioner and infrastructure regulations specialist with extensive experience in electricity industry reform and privatization. “He has Bachelor and Master of Law Degrees from the University of Lagos and was admitted to practice Law in Nigeria in 1991. For over 15 years, he provided legal advisory services to public sector power entities including legal support t...

Home nations fined by Fifa over poppy displays

England have been fined 45,000 Swiss francs for several breaches of Fifa's rules about displaying political symbols, the sport's governing body have confirmed. The national team wore poppies on black armbands during their match with Scotland, despite being warned not to by Fifa, costing the Football Association just over £35,000. Prior to kick-off, both teams participated in a minute's silence and members of the armed forces lay wreaths. The Scottish Football Association and the Football Association of Wales have each been fined 20,000 Swiss francs (£15,692) and the Irish Football Association 15,000 Swiss francs (£11,769) for similar offences All of the associations were warned by to the World Cup qualifiers that they would be punished if they chose to ignore Fifa's regulations on the matter.     England has been fined CHF 45,000 for several incidents in the framework of the England v Scotland match, including the display by the host association, the English team and s...

IMMUNITY BILL: A MISPLACED PRIORITY

Certainly, it is not a matter of conjecture to say that the undue interference and unpalatably flagrant disregard to separation of power by the executive tier of government has raised more questions than answers on the integrity of this government and the commitment of the leadership to truly push for the genuine change in line with democratic norms all over the world.   Fatunde Bamidele Samuel (VEGA) writes from lagos. Recently, the society was encapsulated with shocking news of pension bill for the National Assembly members. However, the bill was dead on arrival. This is nothing but another heinous attempt to permanently ground the country that is already suffering from the bloodsucking bedbugs (NASS) and former governors pensions. These are almost sucking the finances of this country dry; if and only if we could act fast to salvage it then we can only hope the existence of Nigeria will not be history. The recent exploit of the National Assembly is evi...