APC begs Senate to approve Buhari’s $29.9bn loan request

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It was gathered that the South-East Chapter of the All Progressives Congress has appealed to the Senate to reverse its decision to reject President Muhammadu Buhari’s request to borrow N29.9bn.

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The Senate voted against the request on Tuesday.

However, the South-East APC is begging the lawmakers to reverse the decision.

In a statement signed by its publicity secretary, Mr. Hyancinth Ngwu, and made available to journalists in Enugu, the APC in the South-East equally condemned the rejection of the proposed loan.

“The All Progressives Congress in the South-East geopolitical zone has appealed to the members of the Senate of the Federal Republic of Nigeria to rescind their rejection of the $29.680bn loan planned for the three fiscal years of 2016-2018.

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“The rejection of the request by the Senate is ill-advised and an ill wind that blows no one any good,” the statement said.

The party noted that the loan was in order.

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