Senator’s reject Kaduna state government loan request from world bank

Senator’s reject Kaduna state government loan request from world bank

Senator’s reject Kaduna state government loan request from world bank

The has rejected the 350 million US
Operation facility
from the World Bank.

Chairman, Senate on Local and Foreign , Senator
Shehu Sani while reading the report of his committee at Thursday’s
plenary said the state government has not genuinely state how the
loan will be properly utilized for the people of
hence the recommendation for its .

Senator Suleiman Hunkuyi representing Kaduna gave his
backing to the recommendation that the loan request should not be
approved because it will the loan burdens on the state and
that the reasons for the request sent to the World Bank are at
variance with what the money is for.
He said the loan request is a misplacement of priorities by the
Kaduna state government.

Senator La’ah representing Kaduna South also
against the loan request saying his people had not him
to support the credit facility.
Deputy Senate , Senator Na’Allah saif it is a lesson for
democracy especially governors to consult with their
people and representatives before seeking such massive loan
.

Deputy Senate President, Ike presided said a
loan application for infrastructural development is not bad in itself
but that failure to consult with representatives of the people before
such a critical facility is taken is clearly .
When he put the question, the Senate overwhelmingly rejected the
350 million US dollars loan request by the Kaduna state
government.

2 Comments

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