Protesters on Wednesday August 5, stormed the National Assembly urging legislators not to approve the $75 million loan request by the Edo state government.
It will be recalled that President Muhammadu Buhari had on Tuesday wrote the National Assembly seeking the approval of a $75m loan being the second tranch of the $ 225m World Bank granted the Edo state government under the 2012-2014 external borrowings.
The protesters carried placards at the main entrance of the National Assembly some of which read “don’t approve the loan”, ” we don’t want loan” and ” We want action”.
Meanwhile, the request for the loan was on Wednesday referred to the Senate standing committee on local and foreign debts.
The motion for the loan request was moved by the Senate leader, Senator Mohammed Ali Ndume and it was seconded by Senator Philip Tanimu Aduda of FCT.
In ruling on the motion, the Senate President, Senator Abubakar Bukola Saraki granted Ndume’s request and referred it to the committee on debts.
Got a news tip/information for us? Email firstname.lastname@example.org
Follow us on twitter @thesheetng
BBM Channel: C0042057A
Like us on Facebook @ www.facebook.com / The Sheet
This is a 2015 Copyright of thesheet.ng. You may wish to request express approval from thesheet.ng to republish