Senate Ali Ndume: My colleagues were wrong for rejecting Buhari’s $30bn loan request
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November 3, 2016

Senate Ali Ndume: My colleagues were wrong for rejecting Buhari’s $30bn loan request

National Assembly member representing  Borno-South Senatorial Zone, Senate Ali Ndume, has criticized his colleagues for not supporting Federal Government’s loan request  of about $30 billion from World Bank.

Speaking shortly after the loan request was rejected during a plenary session on Tuesday 1 November 2016, Ndume said:

“The problem came on a technical ground; it is supposed to go to the committee level and the committee is supposed to take a look at it.

“I am going to appeal to my colleagues to take a look at it again and see how we are going to bring it back.

“One of the technical things that were missing is that in the letter, if you read it, says: ‘attached is a draft’ but there was no attachment. So, these are some of the lapses that we will look at in bringing it back.

“We were thinking that there were going to be details but there were no details of the borrowing plan. I believe that those will be included in the next one,”

“I cannot tell you now when it would be represented; I, as a leader, I am in contact with the executive, which I try to market in the senate.

“As I told you, I was shocked by the decision; my colleagues surprised me today. I was not expecting that.

“If I had a little inclination that such a thing was going to happen, I would have tried to market the request or at worse, I will not present it. Today, the senators had their way and I had my say.”

 

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