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JUST IN: Senate Approves Payment Of N10bn Loan To Kogi State

Next Edition by Next Edition
November 13, 2019
in Top News
JUST IN: Senate Approves Payment Of N10bn Loan To Kogi State
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The Senate has approved the payment of a N10 billion loan to Kogi State though the approval was resisted by some senators.

Some Peoples Democratic Party, PDP, Senators questioned the timing of the approval.

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Recall that President Muhammadu Buhari had October, sent a letter to the Senate, seeking approval for the payment of N10 billion to settle local debts incurred by Kogi State government as a result of the projects executed on behalf of the Federal Government.

READ ALSO: Senate approves Ogun’s $350m loan request

Minority Leader Sen. Enyinaya Abaribe speaking on behalf of the opposition lawmakers asked the Senate to delay the approval until after the November 16 elections.

Senate President Ahmed Lawan, however expressed a contrary view saying the loan request for Kogi state came in the 8th assembly and had been delayed enough.

Tags: JUST INKogi StateN10bn LoanSenate Approves PaymentSenate President Ahmed Lawan
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