Nigeria President, Muhammadu Buhari has forwarded a letter to the National Assembly seeking its approval to borrow fresh $4,054,476,863 and €710 million loans.
Buhari in the letter on Tuesday urged the national assembly to approve grant components of $125 million.
The President of the Senate, Ahmad Lawan, read the letter in the Senate on Tuesday.
The National Assembly in July approved the sums of $8.3 billion and €490 million loans contained in the initial 2018-2020 borrowing plan.
Buhari in the letter stated that due to the demands in the country, there is a need to raise more funds for some “critical projects”.
He wrote, “I write on the above subject and submit the attached addendum to the proposed 2018-2020 external rolling borrowing plan for the consideration and concurrent approval of the senate for the same to become effective.
“The distinguished senate president may recall that u submitted a request on the 2018-2020 borrowing plan for the approval of the senate in May 2021.
“However, given other emerging needs and to ensure that all critical projects approved by FEC as of June 2021 are incorporated, I hereby forward an addendum to the proposed borrowing plan.
“The projects listed in the external borrowing plan are to be financed through sovereign loans from the World Bank, French Development Agency, EXIM Bank and IFAD in the total sum of $4,054,476,863 and €710 million and grant components of $125 million.”
Nigeria would have been better if leaders followed Lar’s example: Jonathan
Ex-President Goodluck Jonathan says Nigeria would have been a better place to live if the country’s leaders had followed the example of the late Solomon Lar and other like-minded politicians.
“If we had continued in the same political trajectory promoted by the likes of Chief Lar in the second and third republics, our country would have been better off in terms of our unity, peace and pace of development,” said Mr Jonathan, at the public presentation of a book ‘Chronicles of the Rainbow’, and the inauguration of the Solomon and Mary Lar Leadership Institute, in Abuja on Thursday. “Chief Lar offered love in place of bitter and divisive politicking, built bridges to cement the cracks in our unity and showed courage in the face of injustice and military dictatorship.”
The ex-president urged politicians to imitate the political attributes of inclusion, sacrifice and selflessness, which he said the Plateau’s first civilian governor exhibited.
“As we head towards the 2023 general elections, I will urge that we all, as critical stakeholders, whether as candidates or voters, embrace the principles of the late Chief Solomon Lar’s politics of inclusion, bridge-building, unity and accommodation,” Mr Jonathan added.
He recalled that Mr Lar was the only governor from the North in the Second Republic who contested and won an election on the platform of the Nigerian Peoples Party (NPP), a party that had the South as its stronghold.
The former president stressed that Mr Lar’s stance and subsequent victory alone epitomised his character and disposition as a bridge builder and advocate of national unity.
“Sadly, we are now playing the kind of politics that Chief Lar detested. Issues around ethnicity, religious bigotry, hate speech and personal attacks, rather than principles and policies affecting the lives of Nigerians, have continued to dominate political discourses around the country as political parties begin their campaigns,” Mr Jonathan admitted.
He, however, urged “politicians who are seeking to occupy different elective offices across the nation, as well as leaders and promoters of the various political parties to learn from the likes of Chief Solomon Lar, who played politics of sacrifice and selflessness, in the interest of the people.”
PDP appoints Directors for National Campaign Management Committee
The leadership of the presidential campaign organisation (PCO) of the Peoples Democratic Party (PDP) has approved the appointment of Directors and Deputy Directors for its National Campaign Management Committee (NCMC).
A statement by Hon. Aminu Waziri Tambuwal, the Director General of the campaigns, yesterday listed the directors of the campaign directorate to include Director, Training, Austin Opara; Director, Strategic Communications, Dele Momodu; Director, Field Operations, Umar M. Bature, Director, Finance, Abdullahi Hussaini MaiBasira and Director, Security & Intelligence, Brig-Gen. Koko Essien, Rtd.
Others were the Director, Support Group, Mrs. Baraka Sani; Director, Admin, Ibrahim Bashir; Director, Legal Affairs, Kamaldeen Ajibade; Director, Technical, Nurudeen Taoheed Ademola (Youth), Director; Election Management, Prof. Iyorwuese Hagher;
Director, Research, Dr. Sam Amadi, and Director, Monitoring & Evaluation, Mrs. Sanyaolu Modupeola.
Other directors included that for International Affairs, Amb. Ahmed Magaji, Director; Voter Intelligence & Strategy, Chief Osita Chidoka; Director, Diaspora Group, Prof. Isah Odidi; Deputy Director, Election Management (South), Rt. Hon. Tolford Ongolo and Deputy Director, Election Management (North), Hon. Chile Igbawua
Tambuwal called on the directors, “to please contact the DDG, Administration, Prof. Adewale Oladipo for further details.”
He urged them so stay committed to the campaigns.
PDP will loot treasury dry if given access to power again
Lai Mohammed, Minister of Information and Culture has stayed that the Peoples Democratic Party (PDP) will loot the country’s treasury dry if they are given another opportunity to be in power.
This was stated by Mohammed while speaking in Tanzania, in reaction to the controversy surrounding the return of N122.4 million by members of the PDP’s national working committee (NWC).
“If a man can steal from himself, he will steal without any restrain from other people. The problem is that PDP will never change and like they say, a leopard will never change its spots. When PDP lost elections in 2015, they admitted that they had learnt their lessons, but obviously, they have learnt nothing.
God forbid, if they ever have access to public purse again, they will leave no kobo there. We know what we met when we assumed office in 2015, we are still wailing from it. We hope Nigerians have now seen from this scandal the intention of PDP if they ever have access to public treasury.”
Mohammed said the party should be questioned on the source of the funds shared, adding that as a member of the NWC of the APC, no money was ever paid into his account.
“Never did I remember that any form of money, call it, accommodation, or whatsoever, was ever paid into the account of any member of the NWC of either ACN or APC” he said.
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