The request sent to the Senate by President Muhammadu Buhari
for approval of a $75 million loan request by Edo State may be running into
turbulent waters, as protesters, on Wednesday, stormed the National Assembly,
urging legislators not to approve the request by the Edo State government.
President Muhammadu Buhari had on Tuesday, August 4, 2015
written to the National Assembly seeking the approval of the loan being the
second tranche of the $ 225 million World Bank granted the Edo State government
under the 2012-2014 external borrowings.
The protesters displayed placards at the main entrance of the
National Assembly, with some of the placards reading: “Don’t approve the loan”,
” We don’t want loan” and ” We want action”.
They stormed the assembly at about 10.a.m. when Senators were
going in for the day’s legislative duties.
In the same vein, the Senate, on Wednesday, referred the
request to its Standing Committee on Local and Foreign Debts.
The motion for the loan request was moved by the Senate
leader, Senator Mohammed Ali Ndume, and it was seconded by Senator Philip
Tanimu Aduda of the FCT.
Ruling on the motion, the Senate President, Senator Abubakar
Bukola Saraki, granted Ndume’s request and referred it to the committee on
debts.
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