• $29.96b loan: Fayose wants senate to stop FG

    $29.96b loan: Fayose wants senate to stop FG

    Ekiti State Governor, Mr Ayodele Fayose , has declared that attempt by President Muhammadu Buhari’s government to borrow $29.96 billion to finance the 2016 budget will plunge the nation into depression in no distant future time, urging the Senate and  Nigerians to promptly reject the decision.

    Fayose, who speculated that the Senate President, Senator Bukola Saraki’s body language tilts towards supporting President Muhammadu Buhari’s stand on the loan, warned that any attempt to subvert the wishes of Nigerians, who had vehemently […]

  • Lagos federal legislators back Buhari on $29.96b loan

    Lagos federal legislators back Buhari on $29.96b loan

    President Muhammadu Buhari’s request to the National Assembly’s for approval for external borrowing of $29.96 billion to execute key infrastructural projects has continued to attract mixed reactions.

    While the opposition Peoples Democratic Party (PDP) kicked against the plan and asked the legislators to throw it out, three Lagos lawmakers, in a separate chats yesterday backed the government, saying: “It was a well thought out plan if only the money would be properly managed and put to the right usage.”

    The trio – […]