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Lawmaker Calls For Incoming Gov Control Of $800 Million Loan Usage

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Lawmaker Abubakar Yunusa Ahmad, a member of the House of Representatives Committee on Loans, Aids and Debt, has emphasized the importance of allowing the incoming government to oversee the utilization of the $800 million loan.

 

He further stated that the $800 million loan request made by President Muhammadu Buhari has been granted approval by federal lawmakers.

 

Yunusa disclosed this during an appearance on Channels Television’s Sunrise Daily on Friday.

 

He expressed his belief that the incoming government should be responsible for deploying their own strategies to make use of the loan effectively.

 

He said “The $800 million — there were so many talks that we did, especially we in the loan committee and we advised them: ‘First, leave this thing to the incoming government.

 

“But since the loan has been granted, we can collect. If we cannot use it, maybe when the incoming government comes, they may have a different approach to issues, maybe unlike this government that is there.

 

“Thank God, I won’t say it clearly but it was on social media that probably they intended not to use any of Buhari’s ministers because they have already taken them to have underperformed.

 

“So, the issue is, we have granted that loan, it is approved, so we want Nigerians to take it but it is not going to be utilised by this outgoing government. Now, if the incoming government comes, we will see also their own template.” he added.

 

Recall that President Muhammadu Buhari had submitted a letter to the Senate, requesting approval for a loan of $800 million from the World Bank for the purpose of mitigating the impact of subsidy removal.

 

This follows the Federal Government’s announcement in April regarding an $800 million World Bank grant aimed at assisting 50 million vulnerable Nigerians or 10 million households as part of subsidy palliative measures.

 

However, President Muhammadu Buhari’s request for the loan faced opposition from certain quarters, particularly civil society organizations.

 

Civil Society Legislative Advocacy Centre (CISLAC) expressed their concern over the perceived lack of concern exhibited by the Buhari administration regarding Nigeria’s severe debt crisis.

 

In a statement released earlier, CISLAC criticized the administration’s attitude towards the issue.

 

In addition, Socio-Economic Rights and Accountability Project (SERAP) called upon World Bank President David Malpass to use his “good offices to suspend any disbursement of the $800m loan to the Federal Government and to request the incoming administration to provide satisfactory explanations for the loan.”

 

SERAP urged Mr Malpass and the World Bank “to reopen discussion on the reportedly approved $800m loan with the incoming administration to clarify the details on the rationale and use of the loan because the term of office of the government of President Muhammadu Buhari ends in May 2023.”

 

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Politics

Igbajo: Adeleke Reads Riot Act, Vows To Deal With Troublemakers

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Four gang-killed two in Osun, destroy N8M properties

Osun State Governor, Senator Ademola Adeleke has warned against attempts to destabilize the peace and security of Igbajo by some group of people led by Prince Gboyega Famodun through conflicting Oroke festival days.

He directed security agencies to deal decisively with any trouble maker.

According to a government statement, issued in Osogbo, reports at the disposal of the government indicated an attempt by a faction belonging to Famodun to create conflict at Igbajo by fixing a different festival date from the one officially announced by the legal and officially crowned king of Igbajo, Oba Ademola Makinde.

An effort, it noted was designed to create violence and crisis in the peaceful town of Igbajo.

As a government, the statement added, we reiterate that the Monarch of Igbajo today is Oba Ademola Makinde and the May 23rd already fixed for the Oroke Day Festival remains the sacrosanct date for the popular cultural and traditionally significant event.

“We note further that the Head of Igbajo traditional institution remains the present Owa of Igbajo, Oba Ademola Makinde and he is therefore empowered and entitled to fix the day for the Oroke festival. Actions of the Famodun faction is therefore against tradition and law and is therefore a nullity.

“In a bid to forestall breakdown of law and order and in line with my responsibility as the Chief Security Officer of Osun state, I direct security agencies to enforce the holding of the Oroke festival on the official date of May 23rd and to ensure no gathering is held on May 19th set by any other faction.

“The above directive and actions are taken to maintain peace and protect the ancient town from those hell-bent on manipulating the traditional institution to destabilize the state”, the Governor was quoted as saying,” he cautioned.

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Court Issues Arrest Warrant For Suspended INEC Official

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Adamawa State High Court’s Justice Benjamin Manji Lawan has issue an arrest warrant for suspended INEC Resident Electoral Commissioner Barrister Hudu Yunusa Ari.

The court instructed the Inspector General of Police to promptly apprehend Barrister Ari and present him in court to face trial on three charges.

This directive followed an application filed by the Adamawa State Government on April 16, 2024.

During the proceedings, Chief L. D. Nzadon, representing the complainant, informed the court that they were seeking an arrest warrant against the defendant.

Referring to Section 20, Subsection (1j) of the Administration of Criminal Justice Law (ACJL) 2018, Chief Nzadon urged the court to utilize its authority and instruct the Inspector General of Police to apprehend the defendant, regardless of his location.

He explained that attempts to serve the defendant were unsuccessful, as the court’s bailiff had been in Bauchi State from May 2nd to May 4th, 2024, but couldn’t locate him.

In his ruling on the application, the judge noted that this was the third instance the case had been mentioned without the defendant present in court.

He acknowledged the complainant’s counsels’ explanation regarding their inability to serve Ari, suggesting that it seemed he was deliberately avoiding

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JUST IN: APC Suspends Senator Jimoh Ibrahim

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The executives of the All Progressives Congress (APC) in Igbotako Ward II, Okitipupa local government area of Ondo State, have officially suspended Senator Jimoh Ibrahim, who represents Ondo South, citing alleged anti-party activities and insubordination.

The suspension notice was jointly signed by several ward executive members, including Omotoye Olusola, Bakere Usuf, Tore Obwoselu, Oloyinmi Idowu, Borewaye Louyomi, Oladipupo Bose, Alkimbobola Seyi, Lawal-Babatunde, Aritawe-Ademole, Akinkuoju Olarewaju, and Fabioye Ajoke.

Ibrahim’s suspension follows the recent APC governorship primary election in the state, where he faced defeat. Citing Article 21, Section A of the APC Constitution, the party executives justified their decision to suspend Senator Ibrahim.

The 16-member Executive Committee made this decision during a meeting held on Monday, May 13, 2024.

Additionally, the party recalled a prior meeting in Abuja, convened by the APC National Chairman, Alhaji Abdullahi Umar Ganduje, where all governorship aspirants were urged to cooperate with the party’s candidate and incumbent governor of the state, Hon. Lucky Aiyedatiwa.

Despite the suspension, Senator Jimoh Ibrahim proceeded to file a lawsuit against the governor and the APC, disregarding the party’s directives.

The letter, made public in Akure, the state capital, on Wednesday, states: “We, the members of the APC Executive Committee of Igbotako Ward II in Okitipupa Local Government Area of Ondo State, convened a meeting on Monday, May 13th, 2024.”

“During our meeting, we deliberated extensively on various issues affecting the progress and development of our party, notably indiscipline and insubordination among some members.

“We have found Senator Jimoh Ibrahim’s actions and activities to violate the party’s constitution, particularly his decision to sue the party as well as his anti-party activities.

“As such, we have resolved to take appropriate disciplinary action against him as outlined in the party’s constitution. Senator Jimoh Folorunso Ibrahim is hereby suspended from the All Progressives Congress (APC) with immediate effect for acts of insubordination and anti-party activities By Article 21, Section A of the APC Constitution.

“It is worth recalling that the National Party Chairman of APC, Alhaji Abdullahi Umar Ganduje, met with all Ondo State governorship aspirants on April 25th, 2024, in Abuja

“During the meeting, he urged them to cooperate with the party’s candidate and incumbent Governor of Ondo State, Honorable Lucky Orimisan Aiyedatiwa. Despite this, Senator Jimoh Ibrahim Folorunso proceeded to sue the Governor and APC, blatantly disregarding party instructions.

“Additionally, he has engaged in anti-party activities by urging his supporters in Igbotako and Ondo State to join NNPP, claiming he will soon receive the gubernatorial ticket from them.

“Senator Jimoh has openly declared his intent to disrupt APC before leaving the party, as evidenced by his actions in the Federal High Court in Abuja and his derogatory remarks about APC in various media outlets.

“For emphasis, Senator Jimoh Ibrahim Folorunso has been suspended from the All Progressives Congress (APC) with immediate effect, and he is hereby prohibited from participating in any APC activities nationwide.” the letter added

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