Connect with us

Hi, what are you looking for?

News

Uproar as Senate Considers FG’s $29.9bn Loan Request

There was uproar at Senate plenary on Thursday as the Senate President, Dr Ahmad Lawan, attempted to stop his colleagues from considering the report of Senate committee on local and foreign debts.

Chairman of the Senate committee on Works, Senator Adamu Aliero, had come under Order 43 of the Senate rules to request that the report of the Senator Clifford Ordia-led committee on local and foreign debts on the 2016-2018 Federal Government External Borrowing (Rolling) Plan which was listed on the day’s Order Paper be stood down.

The request did not go down well with most Senators resulting in the plenary becoming very rowdy.

At the end of the day, Lawan acceded to the submission of both Senators Adamu Abdullahi and Gabriel Suswan, that discussion on the report of the committee on the federal government loan request should commence today and possibly end the next legislative day.

More to come…

 

_____

Follow us on Twitter at @thesignalng

Copyright 2020 SIGNAL. Permission to use portions of this article is granted provided appropriate credits are given to www.signalng.com and other relevant source.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

Related

News

The Nigeria Labour Congress (NLC) has announced an approaching statewide strike, and the Senate has urgently pleaded with the labor organization to reconsider its...

News

The Supreme Court has finally recognised Senate President Ahmed Lawan as the authentic candidate of the All Progressives Congress (APC) for Yobe North Senatorial...

News

After a delayed plenary on Wednesday, the Senate asked the Central Bank of Nigeria (CBN) to considerably adjust its recently announced cash withdrawal limits...

News

President Muhammadu Buhari on Tuesday unveiled the Nigerian National Petroleum Company Limited, assuring that the new company will guarantee energy security in the country....

Copyright ©