✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live
SPONSOR AD

Senate summons power, petroleum ministers, others over FG’s borrowing plan

Senate President Ahmad Lawan on Wednesday decried the refusal by ministries, departments and agencies to justify projects listed to be funded by loan requests sought…

Senate President Ahmad Lawan on Wednesday decried the refusal by ministries, departments and agencies to justify projects listed to be funded by loan requests sought by the Federal Government. 

He described this as an act of sabotage. 

He listed the erring MDAs as the Ministries of Power, Heath, Women Affairs, Petroleum Resources, Environment and Water Resources as well as the National Agency for Science and Engineering Infrastructure.

He gave the MDAs a one-week deadline to appear before the Local and Foreign Debt Committee or face appropriate action.   

“The Senate considers this attitude as a sabotage to the effort of the federal government to secure the loans and fund the infrastructural development that this country desperately needs. 

“Already, the National Assembly has approved the loan request, but there is need for justification.”

Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.

Do you need your monthly pay in US Dollars? Acquire premium domains for as low as $1500 and have it resold for as much as $17,000 (₦27 million).


Click here to see how Nigerians are making it.